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ComTel SpA Regulatory Filings 2013

Apr 19, 2013

9984_rns_2013-04-19_b717bdc1-dbef-4642-95a9-fffa47f282f7.html

Regulatory Filings

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A decision by Ministry of Finance on application of Comptel’s withholding tax relief

A decision by Ministry of Finance on application of Comptel’s withholding tax relief

Comptel Corporation Stock Exchange Release, 19 April 2013 at 10.30 am

Comptel Corporation had filed an application for tax relief with the Ministry
of Finance in Finland pertaining to the withholding taxes paid in Indonesia,
India, Greece and Thailand for the years from 2004 to 2011. The income received
from the countries mentioned has been under double-taxation. The non-credited
withholding taxes amount to approximately EUR 6.9 million in Finland. Ministry
of Finance has rejected the application for tax relief and the decision cannot
be appealed against. Comptel continues to take measures to avoid double
taxation going forward.

The decision does not impact the historical financials reported by the company
or net sales and earnings per share in 2013.

COMPTEL CORPORATION

Juhani Hintikka

President and CEO

For further information, please contact:

Mikko Hytönen, CFO, tel. +358 40 758 5801

Distribution:

NASDAQ OMX Helsinki
Major media

www.comptel.com

Since 1986, Comptel has helped more than 290 service providers across 86
countries meet over one billion subscribers' communications and infotainment
needs. Comptel's solutions are built on an event - analysis - action strategic
framework that leverages the company's strengths in event data processing and
advanced predictive analytics to enable real-time action. Comptel's service
fulfillment, mediation, charging and policy control, and predictive social
analytics products with implementation and professional services enable service
providers to enhance customer engagement and, in turn, create revenue, reduce
costs and lessen churn. Comptel has a global team of 679 professionals, and net
sales were EUR 82 million in 2012. For more information, visit www.comptel.com