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.

quarterly report

10.11.2010

Results for the First Nine Months 2010

> Further stabilization of fixed line losses to 1,200 in Q3 2010 
versus 7,000 lines lost in Q3 2009

> Mobile subscriber growth of 5.4% to more than 19.4 million 
customers

> Group revenues decline 3.8% to EUR 1,185.4 million driven by 
continued challenging macro-economic environment, fierce competition 
and regulatory pressure

> Decline of Group EBITDA comparable, which excludes restructuring 
and impairment charges, by 8.3% to EUR 449.1 million in Q3 2010

> 5.0% reduction of CAPEX to EUR 146.8 million in Q3 2010 due to 
lower access investments in Croatia and Additional Markets

> 5.8% increase of free cash flow due to focus on working capital and
lower CAPEX

> FY 2010 guidance unchanged and dividend floor of EUR 0.75 until 
2012 reiterated

in EUR million  Q3 2010   Q3 2009   %change  1-9 M 2010   1-9 M 2009 %change
Revenues        1,185.4   1,231.7     -3.8%     3,480.1      3,620.5   -3.9%
EBITDA comparable 449.1     489.8     -8.3%     1,292.5      1,394.7   -7.3%
Operating income  176.0    -126.4       n.a.      476.4        223.9  112.8%
Net income         96.5    -136.3       n.a.      256.5         31.3    n.a.
Earnings/share(EUR)0.22     -0.31       n.a.       0.58         0.07    n.a.
FCF/share(EUR)     0.51      0.48       5.7%       1.34         1.23    8.8%
CAPEX             146.8     154.5      -5.0%      443.3        419.8    5.6%

in EUR million          Sept. 30, 2010         Dec. 31, 09          % change
Net debt                       3,350.0             3,614.8             -7.3%

Net debt/EBITDA comparable (12 months)
excl. restructuring program       2.0x                2.0x

All financial figures are based on IFRS; if not stated otherwise, all
comparisons are given year-on-year. EBITDA comparable is defined as 
net income excluding financial result, income tax expense, 
depreciation and amortization, restructuring and impairment charges.

end of announcement                               euro adhoc

Further inquiry note:

Matthias Stieber
Director Investor Relations
Telekom Austria Group
Tel.: +43 (0)50 664 39126
Email: matthias.stieber@telekomaustria.com

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