Announcement

Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider, today announced new, reduced tariffs for high-speed leased lines for alternative (ISP and fixed line) carriers and the launch of a wholesale discount package branded: "High Speed Pack". The new discounts in high-speed leased lines significantly reduce the cost of high- speed data transfer, thus contributing to the development of broadband in Greece. Specifically, the new tariffs, which have been approved by the Regulatory Authority and are effective as of April 3, 2006, are the following:

Leased line category New yearly rental
(average*) % Reduction
(in relation to effective prices)
Local 34 Mbps 32,620 euro - 2.4 %
Local 155 Mbps 65,785 euro - 19.0 %
Local 622 Mbps 164,462 euro - 32.7 %
Long-distance 34 Mbps 82,630 euro - 42.5 %
Long-Distance 155 Mbps 204,710 euro - 47.0 %
Long-Distance 622 Mbps 552,719 euro - 57.9 %
Note: prices do not include VAT as they refer to wholesale pricing
* Leased lines are priced based on the distance they cover. The prices cited above refer to the cost of the average leased line length of each category.

High-Speed Pack
OTE is launching "High -Speed Pack". Through this package carriers will enjoy further reductions on top of the new-already reduced- high-speed leased line tariffs, according to their yearly spending.
Specifically:
Annual spending level * % of reduction
Up to 200.000 euro 0%
Up to 400.000 euro 5%
Up to 600.000 euro 10%
Up to 800.000 euro 15%
Up to 1.000.000 euro 18%
Up to 1.500.000 euro 20%
Up to 2.000.000 euro 22%
Up to 3.000.000 euro 24%
Over από 3.000.000 euro 26%
* total amount of spending coming from the rental of Local and Long-Distance, over 34 Mbps, leased lines


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