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Ad hoc Release QU 2 2008

Results for the First Half Year 2008

Vienna, August 20, 2008 - Telekom Austria AG (VSE: TKA; NYSE: TKA) today announced its results for the Second Quarter and First Half Year 2008 ending June 30, 2008.


in EUR million
2Q 08 2Q 07 % change 1 H 08 1 H 07 % change
Revenues 1,276.2 1,208.0 5.6% 2,535.8 2,353.8 7.7%
EBITDA 469.1 466.1 0.6% 967.7 942.4 2.7%
Operating income 174.7 198.1 -11.8% 389.9 410.2 -4.9%
Net income 96.3 130.6 -26.3% 226.0 277.8 -18.6%
Earnings per share (in EUR) 0.22 0.29 -24.9% 0.51 0.61 -16.2%
Capital expenditures 190.7 209.4 -8.9% 350.3 376.7 -7.0%
             
in EUR million June 30, 2008 Dec 31, 2007 % change      
Net debt 4,402.1 4,407.2 -0.1%      



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


Further inquiry note:

Peter E. Zydek
Telekom Austria
Head of Investor Relations
Tel.: +43 (0) 590591-19001
E-mail: peter.zydek@telekom.at

Elisabeth Mattes
Telekom Austria Group’s Spokeswoman
Phone: +43 (0)664 331 2730
E-Mail: elisabeth.mattes@telekom.at


Note: All financial figures are based on U.S. GAAP; if not defined otherwise, all comparisons are given year-on-year


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