12.08.2013 – 07:01

Telekom Austria AG

EANS-Adhoc: Telekom Austria AG
Results for the First Half 2013

--------------------------------------------------------------------------------
  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
--------------------------------------------------------------------------------
Mid Year Results/6-month report
12.08.2013


Vienna, 12 August 2013 - The Telekom Austria Group (VSE: TKA, OTC US: TKAGY)
today announces its results for the first half 2013 ending 30 June 2013. 

Highlights


>       Group revenues decline by 1.2% year-on-year driven by regulatory burden,
fierce competition and macroeconomic headwinds in CEE 

>       EUR 75.5 mn Group gross cost savings help mitigate higher upfront costs
for customer acquisition, retention and marketing activities, and limit EBITDA
comparable decline to 8.1%

>       Austria: Launch of new A1 and bob tariffs reflects high-value focus;
higher subsidies squeeze EBITDA comparable margin to 29.4%

>       Bulgaria: Two-thirds of revenue decline caused by MTR cuts while price
pressure continues amidst political woes

>       Croatia: Cost savings initiatives and one-time effects lead to a rise in
the EBITDA comparable margin

>       Continued revenue and EBITDA comparable growth in Belarus and the
Addi-tional Markets segment

>       2013 Group guidance refined: Revenues of approx. EUR 4.1 bn reiterated
and CAPEX* outlook refined to EUR 650 - 700 mn

in EUR million    Q2 2013  Q2 2012   %change    1-6M 2013    1-6M 2012   %change
Revenues          1,043.2  1,063.2     -1.9%      2,092.3      2,118.3     -1.2%
EBITDA comparable   330.3    364.8     -9.5%        667.2        726.2     -8.1%
Operating income    105.5     99.1      6.4%        223.3        211.1      5.8%
Net income           52.5     34.0     54.2%        108.0         80.9     33.5%
Earnings per share    
(in EUR)             0.10     0.08     29.4%         0.21         0.18     16.4%
Free cash flow per 
share (in EUR)       0.29     0.22     30.6%         0.39         0.33     17.8%
Capital 
expenditures        176.4    185.1     -4.7%        325.4        330.9     -1.7%
                                                
in EUR million                          30 June 13      31 Dec 12        %change
Net debt                                   2,843.4        3,248.9         -12.5%
Net debt / EBITDA comparable (12 months)      2.0x           2.2x

All financial figures are based on IFRS; if not stated otherwise, all
comparisons are given year-on-year. EBITDA comparable is defined as net income
excluding financial result, income tax expense, depreciation and amortisation,
restructuring and impairment charges.

* Does not include investments for licenses and spectrum nor acquisitions.

The earnings release is available here:
http://www.telekomaustria.com/dateien/results-qu2-2013.pdf.

For further information, please see here:
http://www.telekomaustria.com/ir/current-results.php.


Further inquiry note:
Matthias Stieber
Director Investor Relations
Tel.: +43 (0) 50 664 39126
mailto:matthias.stieber@telekomaustria.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      Telekom Austria AG
             Lassallestrasse 9
             A-1020 Wien
mail:         investor.relations@telekomaustria.com
WWW:      www.telekomaustria.com/ir
sector:      Telecommunications
ISIN:        AT0000720008
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English