Telekom Austria AG — Earnings Release 2008

Nov 12, 2008

keywords: Financial Figures/Balance Sheet/9-month report

euro adhoc: Telekom Austria AG / Financial Figures/Balance Sheet / Results for the First Nine Months 2008

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12.11.2008

Highlights

• Revenues grow by 6.4% from EUR 3,630.9 million to EUR 3,863.8 million - EBITDA increases by 3.0% from EUR 1,463.6 million to EUR 1,507.6 million - EBITDA is driven by international operations and the consolidation of Velcom - Ongoing stabilization of Fixed Net trend as product bundles are effective in decelerating access line loss - Fixed Net restructuring measures will lead to further headcount reduction, expected non-cash provision of approximately EUR 630 million in 4Q 08 - Outlook for FY 08 for operating business including DPS guidance of at least EUR 0.75 reiterated despite impact of restructuring measures on earnings in 4Q 08 ~

in EUR million	3Q 08	3Q 07 % change		1-9M 08	1-9M 07		% change
Revenues		1,328.0 1,277.1	4.0%	3,863.8	3,630.9		6.4%
EBITDA	539.9	521.2	3.6%	1,507.6	1,463.6		3.0%
Operating income 261.7		257.8	1.5%	651.6	668.0		-2.5%
Net income	162.9	173.7	-6.2%	388.9	451.5		-13.9%
Earnings per share)
(in EUR)	0.37	0.39	-5.5%	0.88	0.99		-11.2%
Capital
expenditures	184.0	158.1	16.4%	534.3	534.8		-0.1%
in EUR million			Sept. 30, 08		Dec. 31, 07		% change
Net debt			4,170.8		4,407.2		-5.4%
~

The full quarterly report and further information is available on our website at www.telekomaustria.com/ir/investor-relations-en.php

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

Elisabeth Mattes Spokeswoman Tel.: +43 (0) 664 331 2730 mailto: elisabeth.mattes@telekom.at

emitter:	Telekom Austria AG
	Lassallestrasse 9
	A-1020 Wien
mail:	investor.relations@telekom.at
WWW:	www.telekomaustria.com/ir

sector:	Telecommunications Equipment
ISIN:	AT0000720008
indexes:
stockmarkets:
language:	English

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