Results for the Financial Year 2004 (Ad hoc Release)

Vienna, March 16, 2005 - Telekom Austria AG (VSE: TKA; NYSE: TKA) today announced its results for the Financial Year 2004 and the fourth quarter ending December 31, 2004.

Group revenues increase by 2.2% to EUR 4,056.3 million

Group operating income rises by 22.4 % to EUR 452.7 million

Consolidated net income increases by 69.4 % to EUR 227.3 million

Consolidated net debt declines by EUR 663.4 million to EUR 1,973.9 million compared to the end of December 2003

Increasing revenues and operational turnaround in the wireline business segment

Subscriber numbers, revenues and earnings continue to grow in all companies of the wireless segment

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

Detailed financial Figures

Results for the Financial Year 2004 and the fourth quarter (249.2 KB)

Ad hoc Release

Contacts:

Investor Relations
Hans Fruhmann
Head of Investor Relations
Tel: +43 (0) 59059 1 20917
E-Mail: hans.fruhmann@telekom.at

Corporate Communications
Martin Bredl
Telekom Austria's Company Spokesman
Tel: +43 (0) 59 059 1 11001
E-Mail: martin.bredl@telekom.at

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