EANS-Adhoc: Hannes Ametsreiter resigns as CEO of Telekom Austria Group (Ad-hoc)

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15.06.2015

Vienna, 15 June 2015: Today the Telekom Austria Group (VSE: TKA, OTC
US: TKAGY) announces that Hannes Ametsreiter has asked the
Supervisory Board of Telekom Austria AG for a mutually agreed
premature termination of his contract. Today the Supervisory Board
and Hannes Ametsreiter have agreed that he will resign as Chief
Executive Officer of Telekom Austria AG as well as Chief Executive
Officer of A1 Telekom Austria AG per 31 July 2015.

Wolfgang Ruttenstorfer, Chairman of the Supervisory Board of Telekom
Austria Group, comments: "On behalf of the Supervisory Board I would
like to express our thanks to Hannes Ametsreiter for running the
business through quite challenging times, also in the transition
phase of Telekom Austria Group becoming an affiliate of América
Movíl. His work is also well recognized internationally and the
strong market position, which Telekom Austria Group has gained under
his guidance, deserves appreciation. The Supervisory Board will
discuss the succession during its next meeting. Personally I wish
Hannes Ametsreiter all the best for his private and professional
future."

"It is a great honor that I have been allowed to contribute to
shaping two incredibly exciting decades of telecommunications in
Austria and CEE. After so many years a farewell is of course hard,
but the Telekom Austria Group today is in great shape as a leading
convergent communications provider, has great perspectives for growth
and two strong core shareholders", adds Hannes Ametsreiter.

Dr. Hannes Ametsreiter joined the mobile business of Telekom Austria
AG 19 years ago and in the following years held many management
positions within the Group. Since April 2009 he is Chief Executive
Officer of Telekom Austria Group und therefore is the longest serving
CEO of the company since its initial public offering. Under his
management the two separated businesses for fixed and mobile in
Austria have been merged to form A1 Telekom Austria, the first
integrated fully convergent communications provider. This successful
convergence strategy has been deployed throughout the markets Telekom
Austria Group is active in - today six out of eight markets are
convergent.

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

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.

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