Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

17.05.2005

- Group revenues increase by 1.4% to EUR 1,003.5 million 
- Group operating income rises by 27.7 % to EUR 173.7 million
- Consolidated net income increases by 63.6 % to EUR 115.7 million
- Consolidated net debt declines by EUR 77.1 million to EUR 1,896.8
million compared to the end of December 2004
- Continuing strong growth of ADSL net adds (60,300, +96.3 %),
wireline operating income doubled to EUR 43.9 million 
- Higher subscriber numbers and strong pick up of data services usage
in all companies of the wireless segment
~
in EUR million                 1Q 05       1Q 04   % change
Revenues                     1,003.5       989.4       1.4%
Operating income               173.7       136.0      27.7%
Net income                     115.7        70.7      63.6%
Adjusted EBITDA*               436.3       416.7       4.7%
Earnings per share (in EUR)     0.23        0.14      65.5%
Capital expenditures           119.2        71.0      67.9%

in EUR million             March 31,    Dec. 31,   % change
                                2005        2004           
Net debt                     1,896.8     1,973.9      -3.9%
~
* Adjusted EBITDA is defined as net income excluding interest, taxes,
depreciation, amortization, impairment charges, dividend income,
equity in earnings of affiliates, other non-operating income/expense
and minority interests. This equals operating income before
depreciation, amortization and impairment charges.

The full quarterly report and further information is available on our
website under www.telekom.at/ir

end of announcement                    euro adhoc 18.05.2005 06:29:00 

Further inquiry note:

Martin Bredl
Telekom Austria Public Relations
Phone: +43 (0) 590591-11001
mailto:martin.bredl@telekom.at

Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 590591-19000
mailto:peter.zydek@telekom.at
mailto:investor.relations@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 720008
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing
New York / official dealing