06.01.2005 – 16:31

Telekom Austria AG

euro adhoc: Telekom Austria AG
Financing, Stock Offerings
Notes issue

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

date of causation: 06.01.2005

Telekom Austria AG and Telekom Finanzmanagement GmbH have mandated
ABN AMRO, Citigroup and Lehman Brothers as Joint Bookrunners for its
upcoming Euro-denominated benchmark notes issue in an amount of up to
Euro 1 billion under the company’s EMTN programme. The deal will be
launched in the near future following an investor conference call
subject to market conditions. Telekom Austria is rated Baa2 by
Moody's and BBB by Standard & Poor’s. Rating Agencies assigned a
positive outlook.

The securities to be issued under the EMTN programme have not been
and will not be registered under the United States Securities Act of
1933 (the "Securities Act"), and may not be offered or sold, directly
or indirectly, in the United States of America or for the account or
benefit of U.S. persons except pursuant to an applicable exemption
from the requirements of the Securities Act. In Austria, the
securities will, if at all, be offered exclusively by way of a non
public offering to a limited circle of persons within the scope of
their business or professional activity according to Section 3/1/11
of the Austrian Capital Market Act.

end of announcement                    euro adhoc 06.01.2005 16:19:52 

Further inquiry note:

Martin Bredl
Telekom Austria Public Relations
Phone: +43 (0) 59059 1 11001
mailto:martin.bredl@telekom.at

Hans Fruhmann
Investor Relations Telekom Austria
Tel.: +43 (0) 59059 1-20917
mailto:hans.fruhmann@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 720008
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
New York / official dealing