ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.

6-month report

19.08.2009

-Fixed Net line loss cut by 2/3 in 1H 09 to 20,600 lines -Double 
digit subscriber growth of 10.1% to 18.1 million customers in Mobile 
Communication -Revenues decline by 5.8% to EUR 2,388.8 million 
primarily driven by lower Fixed Net revenues -EBITDA decreases by 
5.2% to EUR 904.8 million while operating costs decline by 6.7% 
-Operating free cash flow grows by 5.9% while free cash flow per 
share increases by 2.4% to 0.75 EUR -Outlook for 2009 on a constant 
currency basis fully reiterated, as announced on the occasion of the 
1Q 09 results -Dividend per share floor of 75 cent per share 
reiterated for 2009-2012 -Management Board has resolved to cancel 17 
million treasury shares or 3.7% of share capital as of August 24, 
2009, thus, the number of shares will be reduced to 443 million 
-Share buyback envisaged for 2010, subject to stable conditions

in EUR million    2Q 09   2Q 08  % change  1H 09  1H 08  % change
Revenues         1,191.7 1,276.2   -6.6%  2,388.8 2,535.8    -5.8%
EBITDA             450.0   468.5   -3.9%    904.8   954.2    -5.2%
Operating income   170.2   174.1   -2.2%    350.3   376.4    -6.9%
Net income          82.3    96.3  -14.5%    167.6   226.0   -25.8%
Earnings per share
(in EUR)             0.19    0.22 -14.5%      0.38    0.51  -25.8%
Free cash flow per share
(in EUR)             0.45    0.40  12.1%      0.75    0.73    2.4%
Capital
expenditures       149.3   190.7  -21.7%    265.3   350.3   -24.3%

in EUR million            June 30, 09     Dec. 31, 08     % change
Net debt                    4,003.9          3,993.3          0.3%
Net debt/EBITDA (12 months) excluding
restructuring program           2.1x             2.1x

The full report and further information is available on our website 
at www.telekomaustria.com/ir/investor-relations-en.php

end of announcement                               euro adhoc

Further inquiry note:

Peter E. Zydek
Head of Investor Relations
Tel.: +43 (0) 59059 1-19001
mailto:peter.zydek@telekom.at

Elisabeth Mattes
Telekom Austria Group's Spokeswoman
Tel.: +43 (0) 664 331 2730
mailto:elisabeth.mattes@telekom.at

Branche: Telecommunications
ISIN: AT0000720008
WKN: 555750
Index: WBI, ATX Prime, ATX
Börsen: Wien / official dealing