euro adhoc: Telekom Austria AG / Earnings Forecast / Telekom Austria Group Raises EBITDA Growth Prospects for 2007-2010 Despite Roaming Regulation (Ad-hoc)

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

09.07.2007

Vienna, July 9, 2007: The Telekom Austria Group (VSE: TKA, OTC US:
TKAGY) today raised its long-term EBITDA growth prospects for the
period 2007 to 2010 and disclosed the expected impact of the recently
introduced roaming regulation on its 2007 EBITDA. Despite the
introduction of a comprehensive regulation for international roaming
traffic by the European Commission, the company expects to compensate
the effects of regulation through the forecasted increase in roaming
usage, better than anticipated performance of its international
mobile business and cost savings.

Therefore, the Telekom Austria Group expects EBITDA to grow on
average by approximately 1.7 to 2.2% per annum (CAGR) during the
period 2007 to 2010.

For the year 2007 the Telekom Austria Group anticipates to partly
offset the impact from the roaming regulation through a variety of
marketing and cost saving measures. Thus, the impact from roaming
regulation on 2007 EBITDA is expected to be reduced to approximately
Euro 20 million.

Boris Nemsic, CEO of the Telekom Austria Group said: "The recently
introduced regulation represents a burden for the Telekom Austria
Group. However, we are confident to be able to limit its impact
through marketing initiatives stimulating usage, strict cost control
and additional contributions from our international mobile
operations."

CAGR 2007-2010 Revised Outlook Previous Outlook

Revenue 1%-1.5% 1%-1.5%
EBITDA 1.7%-2.2% 1.5%-2.0%
Net Income >10% >10%

end of announcement euro adhoc 09.07.2007 06:28:00
--------------------------------------------------------------------------------

ots Originaltext: Telekom Austria AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Peter E. Zydek
Investor Relations Telekom Austria
Tel.: +43 (0) 59059 1-19000
mailto: peter.zydek@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 555750
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
New York / official dealing