EANS-Adhoc: Telekom Austria AG / Expected dividend raised to EUR 0.20/share for 2016

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Dividend Announcements/Distribution 22.07.2016

The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces that América Móvil and Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB) agreed today on a new expected dividend level starting with the financial year 2016.

This decision is based on the improved operational and financial performance of the Group. This new dividend expectation entails the payment of EUR 0.20 per share to be maintained or increased on a sustainable basis in line with the operational and financial developments of the Group.

For further information please see the following link: www.telekomaustria.com/en/ir/ir-news

Contact: Matthias Stieber Director Investor Relations Telekom Austria Group Phone: +43 (0) 50 664 39126 E-mail: matthias.stieber@telekomaustria.com

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 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. 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 Telekom Austria Group.

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(END) Dow Jones Newswires

   July 22, 2016 08:24 ET (12:24 GMT)- - 08 24 AM EDT 07-22-16