COSMOTE - MOBILE TELECOMMUNICATIONS S.A. announces that on Wednesday 20 December 2006 its 100% subsidiary COSMOHOLDING CYPRUS LTD acquired, through stock exchange transactions, 71,488 common registered shares of GERMANOS S.A., at the maximum price of Euro 19 per share. Following these transactions, COSMOTE''s direct and indirect participation in GERMANOS S.A.''s paid-in share capital is approximately 90.56%.