Alejandro Plater assuming CEO responsibilities at Telekom Austria Group (Ad-hoc)

Vienna, 24 July 2015, 11:44 am

The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that its Supervisory Board today has allocated the Chief Executive Officer responsibilities of Telekom Austria AG to Alejandro Plater (47) as proposed by the two majority shareholders América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB).

This appointment will be effective as of 1 August 2015. His contract period remains unchanged and runs until March 2018 with an option for a two year prolongation. As of August 2015 the Management Board of Telekom Austria Group will consist of the two members Alejandro Plater and Siegfried Mayrhofer.

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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