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: America Movil, S.A.B de C.V. Place: Lago Zurich 245, Plaza Carso/Edificio Telco, Piso 16, Colonia Granada Ampliación, 11529, México, D.F. State: México

Announcement According to § 91ff Austrian Stock Exchange Act

Vienna, 16 January 2014: Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by Schönherr Rechtsanwälte GmbH that Carso Telecom B.V. (formerly known as AMOV Europa B.V.), which is indirectly controlled by América Móvil, S.A.B. de C.V., has concluded a conditional purchase agreement with Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. to acquire a total of 13,901,000 shares of Telekom Austria AG corresponding to 3.14% of total shares outstanding. The shareholdings of Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. were published in a threshold announcement on 15 June 2012.

Schönherr Rechtsanwälte GmbH represents América Móvil, S.A.B. de C.V. (Lago Zurich 245, Plaza Carso/Edificio Telco, Piso 16, Colonia Granada Ampliación, 11529, México, D.F., México), Sercotel, S.A. de C.V. (Lago Zurich 245, Plaza Carso/Edificio Telco, Piso 16, Colonia Granada Ampliación, 11529, México, D.F., México) and Carso Telecom B.V. (Prins Bernhardplein, 1097 JB, Amsterdam, Netherlands), who are hereinafter called "the clients". The announcement by Schönherr Rechtsanwälte GmbH is as follows:

"On behalf of our clients we notify you in accordance with sec 91a Austrian Stock Exchange Act ("SEA") about a change in major shareholdings in Telekom Austria Aktiengesellschaft (ISIN: AT0000720008), Lassallestrasse 9, 1020 Vienna ("Telekom Austria AG" or "Issuer"):

Carso Telecom B.V. (f.k.a. AMOV Europa B.V.) is a company established under Dutch Law which is via Sercotel controlled by América Móvil as defined in sec 92 no 4 SEA: Sercotel is a wholly-owned subsidiary of América Móvil and Sercotel holds 100 % of the shares in Carso Telecom.

Hitherto América Móvil directly held 7,935,700 shares with voting rights issued by Telekom Austria AG corresponding to 1.7914 % of the voting rights in the issuer as well as indirectly via Carso Telecom 96,940,174 shares with voting rights issued by Telekom Austria AG corresponding to 21.8827 % of the voting rights in the issuer. Therefore, América Móvil directly and indirectly hitherto held a total of 104,875,874 shares with voting rights issued by Telekom Austria AG corresponding to 23.674 % of the voting rights in the issuer.

According to guidance by the Financial Market Authority, the signing of an agreement for the purchase of shares that is subject to the occurrence of a condition precedent triggers the obligation for a notification of changes in major shareholdings according to sec 91a para 1 SEA; further, independent and separate disclosures must be made in relation to voting rights (pursuant to Sections 91 and 92 SEA) and financial instruments (pursuant to Section 91a SEA), resulting in two different lines of disclosures (see 2.3.2 and 2.3.6 of the Circular of the Financial Market Authority dated 19 June 2013 regarding disclosure and publication obligations of issuers (the "Issuers' Circular")). In addition, Section 91a para 7 SEA provides that voting rights pursuant to Sections 91 and 92 SEA and financial instruments pursuant to Section 91a SEA need to be aggregated.

The Austrian Takeover Commission has taken the view that Carso Telecom and the Sellers (as defined below) could fall within the scope of Art 1 No 6 of the Austrian Takeover Act. In order to address certain potential consequences, Sellers intend to sell their 13,901,000 shares with voting rights issued by Telekom Austria AG corresponding to 3.1379 % of the voting rights in the Issuer and Carso Telecom intends to purchase these 13,901,000 shares.

Therefore, Carso Telecom concluded a conditional share purchase agreement (sec 91a para 1 SEA) with Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. (the "Sellers") on 14.01.2014 to acquire a total of 13,901,000 shares with voting rights issued by Telekom Austria AG corresponding to 3.1379 % of the voting rights in the Issuer. Upon fulfillment of all conditions precedent Carso Telecom will acquire 13,901,000 shares with voting rights issued by Telekom Austria AG from Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. Inmobiliaria Carso, S.A. de C.V. and Control Empresarial de Capitales, S.A. de C.V. have sold all their shares in Telekom Austria AG to Carso Telecom and they do not hold directly or indirectly any further shares in Telekom Austria AG after this transaction has been closed. The conditional share purchase agreement is another comparable (derivative) instrument within the meaning of Section 91a para 1 no 1 SEA (see 2.3.6 of the Issuers' Circular) and the obligation pursuant to Section 91a para 7 SEA to aggregate all voting rights within the meaning of Sections 91 to 92 BörseG results in a total of voting rights pursuant to Sections 91 and 92 BörseG and financial instruments pursuant to Section 91a BörseG attributable to Carso Telecom and América Móvil:

Carso Telecom aggregated 110,841,174 / 25.0206 %, according to sec 91 SEA 96,940,174 / 21.8827 % and according to sec 91a SEA 13,901,000 / 3.1379 %;

América Móvil aggregated 118.776.874 / 26.8119 %, according to sec 91, 92 BörseG 104,875,874 / 23.674 % and according to sec 91a BörseG 13,901,000 / 3.1379%.

After the effectiveness of such acquisition Carso Telekom will hold 110,841,174 shares with voting rights issued by Telekom Austria AG corresponding to 25.0206 % of the voting rights in the lssuer and thus will cross the 25% threshold of voting rights in the Issuer; América Móvil will directly (sec 91 para 1 SEA) and indirectly (sec 92 no 4 SEA) hold 118,776,874 shares with voting rights issued by Telekom Austria AG corresponding to 26.8119 % of the voting rights in the Issuer and thus will cross the 25% threshold of voting rights in the Issuer."

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 =-------------------------------------------------------------------------------

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   January 16, 2014 11:08 ET (16:08 GMT)- - 11 08 AM EST 01-16-14