16.05.2006 – 15:37

Telekom Austria AG

euro adhoc: Telekom Austria AG
Board of Directors (Appointments and Changes) / Telekom Austria’s Supervisory Board extends Mandates of Boris Nemsic and Rudolf Fischer (Ad-hoc)

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16.05.2006

Vienna, May 16, 2006: Due to the new position of Boris Nemsic as CEO
and of Rudolf Fischer as Deputy CEO the Supervisory Board of Telekom
Austria AG (VSE:TKA; NYSE:TKA) in its meeting today extended the
management mandates for five years until April 30, 2011.

From May 24, 2006 on, Boris Nemsic will be CEO of the Telekom Austria
Group and will continue on as COO Wireless and CEO mobilkom austria.
As of this date Rudolf Fischer will be Deputy CEO of the Telekom
Austria Group, in addition to his existing post as COO Wireline.
Stefano Colombo will continue to exercise his function as CFO of the
Telekom Austria Group.

end of announcement                               euro adhoc 16.05.2006 15:03:08

Further inquiry note:

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

Martin Bredl
Head of Corporate Communications
Tel.: +43 (0) 590591-11001
E-mail: martin.bredl@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 555750
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
New York / official dealing