Announcement of Regulated Information

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OTE to raise Euro 700 million through 5-year fixed coupon notes, following the successful completion of the bookbuilding process

OTE has successfully completed the bookbuilding process for the issue of Euro 700 million,
5-year Fixed Rate Notes with an annual coupon of 7.875%, paid semi-annually. The issue was oversubscribed 2.7 times, with the demand set at an amount in excess of Euro 1.9 billion.
OTE Chairman and CEO, Mr. Michael Tsamaz noted "The demand registered for OTE's new notes issue, which exceeded Euro 1.9 billion, demonstrates the confidence of the markets in OTE's strategy, employees and management. With passion, faith and dedication and despite the challenging environment, we led the company to another success. This vote of confidence to OTE acknowledges the prospects of the dynamic Greek companies that overcome the difficulties they face in the local market by means of their sound strategy and planning. It also constitutes a strong positive message for Greece and its access to global capital markets".
The Notes will be issued by OTE Plc and will be fully and unconditionally guaranteed by Hellenic Telecommunications Organization SA (OTE SA) under its Euro 6.5 billion Global Medium Term Note Programme. All necessary actions will be taken for the Notes to be listed on the Luxembourg Stock Exchange. Settlement is expected to occur on February 7,
2013.
BNP Paribas, Deutsche Bank, HSBC Bank PLC acted as joint bookrunners of the issue with National Bank of Greece, Eurobank Ergasias, Nomura, Credit Suisse and Citigroup as co- managers.

NOTE: This announcement is done by The Hellenic Telecommunications Organization SA (OTE SA), in accordance with Law 3556/2007, 1/434/03.07.2007 Decision of the Hellenic Capital Market Commission, article 13 of Law 3340/2005 and 3/347/12.07.2005 Decision of the Hellenic Capital Market Commission.

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