EANS-PVR: Telekom Austria AG / Publication of an Announcement after art. 93 BörseG with the objective of Europe-web publication

=------------------------------------------------------------------------------- Notification of voting rights transmitted by euro adhoc. The issuer is responsible for the content of this announcement. =-------------------------------------------------------------------------------

Release according to article 93 BörseG with the aim of a Europe-wide distribution

Person/company obliged to make the notification: =---------------------------------- Name: Österreichische Industrieholding AG (ÖIAG) Place: Dresdner Strasse 87 State: 1201 Wien

Announcement According to § 91ff Austrian Stock Exchange Act

Vienna, 25 April 2014: Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by CHSH Cerha Hempel Spiegelfeld Hlawati Partnerschaft von Rechtsanwälten, representing Österreichische Industrieholding AG, FN 80286v ("ÖIAG"), which currently owns 125,917,735 shares (equivalent to 28.42%) of Telekom Austria Aktiengesellschaft, FN 144477t, ISIN AT0000720008 ("Telekom Austria") about the following:

"On 23 April 2014 ÖIAG signed a conditional agreement on voting rights with (i) Carso Telecom B.V. register number 55341535 of the commercial register of the Netherlands ("Carso Telecom") and (i) América Móvil, S.A.B. de C.V., register number 263.770 of Mexico City?s Registro Publico de Comercio ("América Móvil"), in which both parties agree to the obligation, upon effectiveness, to together follow a long-term policy with regards of the management of Telekom Austria by exercising voting rights on a concerted basis ("Syndicate Agreement").

Carso Telecom currently owns directly 110,841,174 shares of Telekom Austria (equivalent to 25.02%) and is itself 100% indirectly owned by América Móvil, which currently owns directly 7,935,700 shares of Telekom Austria (equivalent to 1.79%).

Therefore, according to §§ 91, 91a and 92 Z1 BörseG the conditional Syndicate Agreement currently covers 244,694,609 shares of Telekom Austria, which equates to a shareholding of 55.24%

Therefore, by the Syndicate Agreement becoming effective ÖIAG will exceed the 30%, 35%, 40%, 45% and 50% reporting thresholds according to § 92 Z 1 ivM § 91 BörseG."

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

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

(END) Dow Jones Newswires

   April 25, 2014 14:02 ET (18:02 GMT)- - 02 02 PM EDT 04-25-14