Telekom Austria Group: Euro Medium Term Note Programme (Ad hoc Release)
Vienna, July 1, 2003: Telekom Austria (VSE:TKA; NYSE:TKA) announces that Telekom Austria AG and Telekom Finanzmanagement GmbH have signed the framework agreements relating to a Euro Medium Term Note Programme unconditionally and irrevocably guaranteed by Telekom Austria AG ("Programme").
Telekom Austria AG and Telekom Finanzmanagement GmbH have mandated ABN AMRO, BA/HVB and Lehman Brothers as Book Runners for its forthcoming debut Euro-denominated benchmark notes issue. The notes are expected to be launched in the near future subject to market conditions, following a pan-European investor roadshow. Telekom Austria is rated Baa2 by Moody's and BBB by Standard & Poors. Rating Agencies assigned a stable outlook.The securities to be issued under the Programme have not been and will not be registered under the United States Securities Act of 1933 (the "Securities Act"), and may not be offered or sold, directly or indirectly, in the United States except pursuant to an applicable exemption from the requirements of the Securities Act.
Contact:
Josef Kerekes
Telekom Austria AG
Investor Relations,
Tel.: +43 (0) 590591-20918
E-mail: josef.kerekes@telekom.at
