Announcement According to § 91ff Austrian Stock Exchange Act

Vienna, 17 March 2014

Yesterday the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by Schönherr Rechtsanwälte GmbH that Carso Telecom B.V. (formerly known as AMOV Europa B.V.), which is indirectly controlled by América Móvil, S.A.B. de C.V., has on 13 March 2014 completed the transaction to purchase a total of 13,901,000 shares of Telekom Austria AG corresponding to 3.14% of total shares outstanding from Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. This transaction represents the conclusion of the conditional purchase agreement between Carso Telecom B.V. and Inmobiliaria Carso, S.A. de C.V. as well as Control Empresarial de Capitales, S.A. de C.V., which was announced on 16 January 2014. Regulatory approval for the transaction was granted on 11 March 2014.

Schönherr Rechtsanwälte GmbH represents América Móvil, S.A.B. de C.V. (Lago Zurich 245, Plaza Carso/Edificio Telco, Piso 16, Colonia Granada Ampliación, 11529, México, D.F., México), Sercotel, S.A. de C.V. (Lago Zurich 245, Plaza Carso/Edificio Telco, Piso 16, Colonia Granada Ampliación, 11529, México, D.F., México) and Carso Telecom B.V. (Prins Bernhardplein, 1097 JB, Amsterdam, Netherlands), who are hereinafter called "the clients". The announcement by Schönherr Rechtsanwälte GmbH is as follows:

"On behalf of our clients and with reference to the notification dated 16.01.2014 we notify you in accordance with sec 91a para 6 Austrian Stock Exchange Act ("SEA") about a change in major shareholdings in Telekom Austria Aktiengesellschaft (ISIN: AT0000720008), Lassallestrasse 9, 1020 Vienna ("Telekom Austria AG" or "Issuer"):

Carso Telecom B.V. is a company established under Dutch Law which is via Sercotel controlled by América Móvil as defined in sec 92 no 4 SEA: Sercotel is a wholly-owned subsidiary of América Móvil and Sercotel holds 100 % of the shares in Carso Telecom.

Hitherto América Móvil directly held 7,935,700 shares with voting rights issued by Telekom Austria AG corresponding to 1.7914 % of the voting rights in the Issuer as well as indirectly via Carso Telecom 96,940,174 shares with voting rights issued by Telekom Austria AG corresponding to 21.8827 % of the voting rights in the Issuer. Therefore, América Móvil directly and indirectly hitherto held a total of 104,875,874 shares with voting rights issued by Telekom Austria AG corresponding to 23.674 % of the voting rights in the issuer.

Furthermore, Carso Telecom concluded a conditional share purchase agreement with Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. (the "Sellers") on 14.01.2014 to acquire a total of 13,901,000 shares with voting rights issued by Telekom Austria AG corresponding to 3.1379 % of the voting rights in the Issuer. This conditional acquisition was notified on 16.01.2014. Regulatory approval was granted on 11.03.2014 and therefore the transaction could be completed on 13.03.2014. Thus, Carso Telecom unconditionally acquired 13,901,000 shares with voting rights issued by Telekom Austria AG from Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V.on 13.03.2014. This acquisition results in a disclosure obligation according to sec 91a para 6 SEA and in a total of voting rights attributable to Carso Telecom and América Móvil pursuant to sec 91 and 92 SEA as follows:
Carso Telecom according to sec 91 SEA 110,841,174 / 25.0206 %; América Móvil according to sec 91, 92 SEA 118,776,874 / 26.8119 %.

After such acquisition Carso Telekom is holding 110,841,174 shares with voting rights issued by Telekom Austria AG corresponding to 25.0206 % of the voting rights in the Issuer and thus has crossed the 25 % threshold of voting rights in the Issuer; América Móvil is directly (sec 91 para 1 SEA) and indirectly (sec 92 no 4 SEA) holding 118,776,874 shares with voting rights issued by Telekom Austria AG corresponding to 26.8119 % of the voting rights in the Issuer and thus has crossed the 25 % threshold of voting rights in the Issuer."

Disclaimer for forward-looking statements:
This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.

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