Telekom Austria (aonTV) Results for the First Half 2008

Wednesday, August 20th, 2008
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Nearly 50,000 aonTV customers at the end of June 2008

VIENNA — Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced its results for the first half 2008 and the second quarter ending June 30, 2008.

Fixed Net – Year-to-date comparison

EBITDA decreased by 18.2% to EUR 312.6 million during the first six months of 2008 compared to the previous year’s period as a result of higher operating expenses which included exceptional costs in the amount of EUR 19.7 million. The exceptional expenses were incurred for the preparation and the promotion of the UEFA EURO 2008™, the exchange to MPEG-4 set-top boxes as well as consulting costs related to the ongoing restructuring program.

aonTV customers (in 000):

4Q07   1Q08   2Q08
----   ----   ----
20.9   38.6   49.1

More: Earnings Release