EANS-Adhoc: Telekom Austria AG / Results for the First Half 2011

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6-month report

17.08.2011

Results for the First Half 2011

Highlights

> Mobile broadband and smartphones drive subscriber numbers in all
operations

> Bundle products strategy proves increasingly successful with
continued access line growth and further trend towards ARPL
stabilization

> Continuation of convergent strategy through A1 single brand
relaunch in Austria and B.net acquisition in Croatia

> Strong operational performance in Belarus overshadowed by 54% Ruble
devaluation

> Strong revenues and earnings trends in Additional Markets benefit
from subscriber growth

> Group revenues and EBITDA comparable decline due to regulatory
effects, challenging macroeconomic situation and fierce competition

> Guidance 2011 adjusted for devaluation of Belarus Ruble: Revenues
approximately EUR 4.50 bn, EBITDA comparable up to EUR 1.55 bn

> Dividend floor of EUR 0.76 reiterated for the years 2011 and 2012

in EUR million Q2 2011 Q2 2010 % change 1-6 M 2011 1-6 M 2010 % change
Revenues 1,109.3 1,168.7 -5.1% 2,227.3 2,294.7 -2.9%
EBITDA comparable 380.8 416.5 -8.6% 777.6 843.4 -7.8%
Operating income 85.0 134.2 -36.7% 42.7 300.5 -85.8%
Net income 20.0 68.7 -70.9% -59.2 159.9 n.a.
Earnings per share (in EUR) 0.05 0.16 -71.1% -0.13 0.36 n.a.
FCF per share (in EUR) 0.35 0.45 -22.4% 0.42 0.85 -50.1%
Capital Expenditures 156.7 160.0 -2.1% 277.1 296.5 -6.5%

in EUR million June 30, 2011 Dec. 31, 2010 % change
Net Debt 3,553.8 3,305.2 7.5%
Net Debt/EBITDA comparable (12 months)
excluding restructuring program 2.2x 2.0x

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 amortization, restructuring and impairment charges.

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

end of announcement euro adhoc
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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