Announcement According to § 91ff Austrian Stock Exchange Act

Vienna, 25 April 2014

Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by Schönherr Rechtsanwälte GmbH, representing América Móvil, S.A.B. de C.V. („América Móvil"), Sercotel, S.A. de C.V. („Sercotel"), and Carso Telecom B.V. („Carso Telecom") about the following:

"On behalf of our clients we notify you in accordance with Section 91 et seq. 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 Section 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 110,841,174 shares with voting rights issued by Telekom Austria AG corresponding to 25.0206 % of the voting rights in the Issuer. Therefore, América Móvil directly and indirectly hitherto held a total of 118,776,874 shares with voting rights issued by Telekom Austria AG corresponding to 26.8119 % of the voting rights in the Issuer.

Österreichische Industrieholding AG, registered under 80286v ("ÖIAG") currently holds 125,917,735 shares with voting rights issued by Telekom Austria AG corresponding to 28.4239 % of the voting rights in the Issuer.

On 23.04.2014 Carso Telecom and ÖIAG concluded a conditional shareholders' agreement ("Syndicate Agreement") regarding their shareholdings in Telekom Austria AG. This conditional Syndicate Agreement results in the obligation pursuant to Section 91a para 7 SEA to aggregate all voting rights within the meaning of Sections 91 to 92 SEA. As a result voting rights pursuant to Sections 91 and 92 SEA and pursuant to Section 91a SEA are attributable to Carso Telecom and América Móvil as follows:

Carso Telecom aggregated 236,758,909 / 53.444 % (thresholds 30%, 35%, 40%, 45% and 50% crossed), according to Section 91 SEA 110,841,174 / 25.0206 % and according to Sections 91a, 92 SEA 125,917,735 / 28.4239 %;

América Móvil aggregated 244,694,609 / 55.2358 % (thresholds 30%, 35%, 40%, 45% and 50% crossed), according to Sections 91, 92 SEA 118,776,874 / 26.8119 % and according to Sections 91a, 92 SEA 125,917,735 / 28.4239 %.

Upon the effectiveness of the Syndicate Agreement Carso Telekom and América Móvil will thus cross the 30%, 35%, 40%, 45% and 50% thresholds 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.

Combined Annual Report

Digital Transformation

Online Report

Share 12:17

7.03 €+0.06 €Ad-hoc Releases

Contact

Susanne Aglas-Reindl

Head of Investor Relations
A1 Telekom Austria Group

Contact

RSS Newsfeed

Newsroom

Find the latest press releases and investor news in our online newsroom.

Go to Newsroom

Subscribe to the A1 Telekom Austria Group News via RSS feed.