EANS-Adhoc: Telekom Austria AG / Results for the First Quarter 2010

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12.05.2010

Results for the First Quarter 2010

  • Stabilization of Fixed Net subscriber base with just 0.8% lines lost
  • Mobile Communication continues to grow its subscriber base with a 6.0% increase to 19.0 million customers
  • Revenues decline by 5.9% to EUR 1,126.0 million primarily driven by lower revenues in domestic operations and Bulgaria
  • Cost reductions absorb half of the revenue pressure and limit EBITDA decline to 6.4%
  • Free cash flow increases by almost 26% to EUR 165.7 million
  • Outlook 2010 reiterated, excluding effects from merger of domestic businesses
  • Dividend per share floor of 75 cents reiterated for 2010-2012

in EUR million 1Q 10 1Q 09 % change Revenues 1,126.0 1,197.1 -5.9% EBITDA 425.9 454.8 -6.4% Operating income 166.3 180.1 -7.7% Net income 91.2 85.3 6.9% Earnings per share (in EUR) 0.21 0.19 6.7% Free cash flow per share (in EUR) 0.37 0.30 25.8% Capital expenditures 136.4 116.0 17.6% in EUR million March 31, 10 Dec. 31, 09 Net debt 3,450.2 3,614.8 -4.6% Net debt/EBITDA (12 months) 2.0x 2.0x

The full report and further information is available on our website at www.telekomaustria.com/ir/investor-relations-en.php

end of announcement euro adhoc

issuer: Telekom Austria AG
Lassallestrasse 9
A-1020 Wien
mail: investor.relations@telekom.at
WWW: www.telekomaustria.com/ir
sector: Telecommunications
ISIN: AT0000720008
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English

Rückfragen & Kontakt:

Peter Zydek
Head of Investor Relations
Tel.: +43 (0) 59059 1-19001
mailto: peter.zydek@telekom.atElisabeth Mattes
Telekom Austria Group's Spokeswoman
Tel.: +43 (0) 664 331 2730
mailto: elisabeth.mattes@telekom.at

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