TELEKOM AUSTRIA MANDATES BANKS FOR POTENTIAL HYBRID BOND(ENG,GE)

(The following press release from Telekom Austria was received by e-mail. It was not confirmed by the sender.)

Dear Sir or Madam,

Vienna, 16 January 2013: Today, the Telekom Austria Group ("the issuer") (VSE: TKA, OTC US: TKAGY) announces that it has mandated Citigroup and Morgan Stanley as joint structuring advisors and joint bookrunners, and BofA Merrill Lynch and Unicredit as joint bookrunners, for the organisation of a roadshow ahead of the potential issuance of Euro Undated Deeply Subordinated Hybrid Capital Securities under RegS format. The issuance of the securities remains subject to market conditions and the successful completion of the roadshow.

Best regards Telekom Austria Investor Relations

Tel: +43 (0) 50 664 47500

email: investor.relations@telekomaustria.com

Telekom Austria AG Lassallestrasse 9 1020 Vienna www.telekomaustria.com FN 144477t, Commercial Court Vienna