Other Telekom Austria Websites:

Deutsch

Font Size: A A A


Main Navigation:

Release of Bonus Shares - Increase of Free Float of Telekom Austria AG by 0.6 Percentage Points (Ad hoc Release)

Vienna, June 27, 2002: Telekom Austria AG (VSE: TKA, NYSE: TKA) today announced the release by the Austrian Industrieholding AG (ÖIAG) of a total of 3,175,755 bonus shares booked in the preferential offering period.

In line with the retail offering of November 2000, ÖIAG has granted a bonus share for every 10 shares (up to a maximum of 100 bonus shares) to each retail investor who has ordered up to 1,000 shares in Telekom Austria AG through an Austrian bank during the preferential offering period and has held them until the end of the annual general meeting for the financial year 2001, which took place on June 12, 2002.

This means a change in the shareholders' structure of Telekom Austria AG. The ÖIAG stake will decrease by 0.6 percentage points and the free float percentage will increase by 0.6 percentage points.

Shareholders' structure upon emission of bonus shares as of June 27, 2002:

Shareholders Total ordinary shares stake in %
     
ÖIAG 235,907,180 47.2%
Telecom Italia International N.V. 148,917,065 29.8%
Free float (incl. employees) 115,175,755 23.0%
     
Total Shares 500,000,000 100.0%



Contact:

Telekom Austria AG
Hans Fruhmann
Investor Relations
Tel: +43 (0) 59059 1-20917
E-mail: hans.fruhmann@telekom.at



Site Functions: