Results for the First Half 2008 (Ad hoc Release)

Vienna, August 20, 2008 - Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first half 2008 and the second quarter ending June 30, 2008.

Revenues grow by 7.7% from EUR 2,353.8 million to EUR 2,535.8 million

EBITDA increases by 2.7% from EUR 942.4 million to EUR 967.7 million

Continuing growth of international operations drives EBITDA

Ongoing stabilization of Fixed Net trends as product bundles are effective in decelerating access line loss

Subscriber base in the Mobile Communication segment grows by 52.5% to 16.5 million customers

Outlook for full-year 2008 including DPS guidance of at least EUR 0.75 reiterated

Detailed financial Figures

Results for the First Half 2008 and the Second Quarter 2008 (265.9 KB)

Ad hoc Release

Contact:

Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 59059 1 19001
E-Mail: peter.zydek@telekom.at

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