Telekom Austria AG

euro adhoc: Telekom Austria AG
Board of Directors (Appointments and Changes) / Hans Tschuden Appointed as New CFO of the Telekom Austria Group (Ad-hoc)

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23.10.2006

Vienna, October 23, 2006: Telekom Austria Group (VSE: TKA, NYSE: TKA) today announced that Hans Tschuden has been appointed by the Supervisory Board of Telekom Austria AG as the new Chief Financial Officer of the Telekom Austria AG for a period of 5 years. Mr. Tschuden will succeed Stefano Colombo, who does not intend to extend his contract beyond the current mandate, ending on April 10, 2007. The new CFO will start on April 1, 2007.

The appointment of Mr. Tschuden was the result of a multi-stage selection procedure in cooperation with the headhunter Egon Zehnder. Following a thorough selection process with potential candidates, Mr. Tschuden proved to be the most suitable candidate. This was because of his extensive financial and capital markets expertise, comprehensive operating skills as well as international experience and excellent leadership know-how.

Hans Tschuden was born in 1958. He completed his studies at the Vienna University of Economics and Business Administration and at the International Executive Programme INSEAD in Paris. He started his career in the Wienerberger Group as a controller in 1989 and became Managing Director of Wienerberger Rohrsysteme GmbH in Vienna in 1993. He advanced to Managing Director of Keramo Wienerberger NV in Belgium in 1995 and of Steinzeug clay pipe sewage systems in Cologne in 1998. In 1999 he became a member of the Wienerberger Management Committee and joined the Managing Board of Wienerberger AG in May 2001 as CFO.

Peter Michaelis, Chairman of the Supervisory Board said:"With Hans Tschuden, we are delighted to have found an excellent successor for Stefano Colombo. The speed of this decision process means that we are able to guarantee management continuity."

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ots Originaltext: Telekom Austria AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Peter E. Zydek
Head of Investor Relations
Telekom Austria Group
Tel.: +43 (0) 59059 1-19001
E-mail: peter.zydek@telekom.at

Branche: Telecommunications Equipment
ISIN:      AT0000720008
WKN:        555750
Index:    WBI, ATX Prime, ATX
Börsen:  Wiener Börse AG / official dealing
              New York / official dealing



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