updated annual report

  Tip announcement for financial statements transmitted by euro adhoc. The
  issuer is responsible for the content of this announcement.

The financial statement is available:
in the internet at: http://pandatel.com/investor_relations/reports.php
in the internet on:    06.07.2007

end of announcement                               euro adhoc 05.07.2007 16:40:53

Further inquiry note:

Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade