ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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  announcement.

3-month report

12.05.2010

Results for the First Quarter 2010

- Stabilization of Fixed Net subscriber base with just 0.8% lines 
lost - Mobile Communication continues to grow its subscriber base 
with a 6.0% increase to 19.0 million customers - Revenues decline by 
5.9% to EUR 1,126.0 million primarily driven by lower revenues in 
domestic operations and Bulgaria - Cost reductions absorb half of the
revenue pressure and limit EBITDA decline to 6.4% - Free cash flow 
increases by almost 26% to EUR 165.7 million - Outlook 2010 
reiterated, excluding effects from merger of domestic businesses - 
Dividend per share floor of 75 cents reiterated for 2010-2012

in EUR million                   1Q 10      1Q 09      % change
Revenues                        1,126.0    1,197.1       -5.9%
EBITDA                            425.9      454.8       -6.4%
Operating income                  166.3      180.1       -7.7%
Net income                         91.2       85.3        6.9%
Earnings per share (in EUR)         0.21       0.19       6.7%
Free cash flow per share (in EUR)   0.37       0.30      25.8%
Capital expenditures              136.4      116.0       17.6%

in EUR million               March 31, 10  Dec. 31, 09
Net debt                        3,450.2    3,614.8       -4.6%
Net debt/EBITDA (12 months)         2.0x       2.0x

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 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 market