Telekom Austria AG: Additional Item to the Agenda of the Annual General Meeting

Vienna (pta027/27.04.2012/16:30 UTC+2) Telekom Austria Aktiengesellschaft
Company no. 144477t, Commercial Court Vienna
ISIN AT 0000720008

Complying with a request to add an additional item to the agenda in accordance with Para 109 of the Stock Corporation Act, which was received timely and in due form, made by the shareholder Marathon Zwei Beteiligungs GmbH, FN 322708x, on April 27, 2012, which has held at least 66,007,000 shares for more than 3 months continuously, and thereby exceeds 5% of the share capital of the company, we add an additional item to the agenda of the Annual General Meeting of Telekom Austria Aktiengesellschaft to be held on Wednesday, May 23, 2012, at 10:00 in the Wiener Stadthalle, Halle F, A-1150 Vienna, Vogelweidplatz 14, which was published in Wiener Zeitung as well as on the website of Telekom Austria Aktiengesellschaft on April 24, 2012, as follows:

Additional Item to the Agenda

Agenda Item 10: Election to the Supervisory Board.

Purpose and reasons for the request to add an additional item to the agenda including resolution proposals by the shareholder Marathon Zwei Beteiligungs GmbH:

According to Para 8 Sec 1 of the Articles of Association of the Telekom Austria Aktiengesellschaft, the Supervisory Board is comprised of up to ten (10) members elected by the Annual General Meeting and delegated according to Para 110 Sec 1 of the Labor Constitution Act.

Currently the Supervisory Board is comprised of eight (8) members, who were elected by the Annual General Meeting. Up to now the Central Works Council has delegated four (4) members to the Supervisory Board according to Para 110 Labor Constitution Act.

The shareholder Marathon Zwei Beteiligungs GmbH proposes to raise the number of members of the Supervisory Board within the scope of limits defined by the Articles of Association by two more members to be elected by the Annual General Meeting, for a total of ten (10) members elected by the Annual General Meeting.

Moreover, the shareholder Marathon Zwei Beteiligungs GmbH proposes to elect to the Supervisory Board Mr. Ronny Pecik, born on March 4, 1962, and Mr. Naguib Sawiris, born on June 15, 1954, each with effect as of the end of this Annual General Meeting up to expiration of the Annual General Meeting which resolves on the discharge of the members of the Supervisory Board for the fiscal year 2012.

The proposed persons have each submitted a statement according to Para 87 Sec 2 Stock Corporation Act.
The statements according to Para 87 Sec 2 Stock Corporation Act are available on the company website (www.telekomaustria.com/agm).

Persons may only be included in the election of Supervisory Board members according to Para 87 Sec 6 Stock Corporation Act, if the proposals for the election of Supervisory Board members and the statements according to Para 87 Sec 2 Stock Corporation Act for each person proposed are made available on the company website (www.telekomaustria.com) at the latest on the fifth business day prior to the Annual General Meeting, thus on May 15, 2012, otherwise the person concerned may not be included in the election. This also applies to election proposals from shareholders according to Para 110 Stock Corporation Act, which the company must receive in text form at the latest on the seventh business day prior to the Annual General Meeting, thus on May 11, 2012. Here, with regard to particulars and conditions for the consideration of such election proposals, reference is made to the "Shareholder Information" in the invitation published on April 24, 2012 which is available on the website.

To prepare for the forthcoming Annual General Meeting, in addition to the documents already accessible on our website the following documents will also be available as of today with regard to the revised agenda under www.telekomaustria.com/agm:
1. Resolution proposals on Agenda Item 10
2. Statements according to Para 87 Sec 2 Stock Corporation Act
Furthermore, these documents can also be viewed during business hours (weekdays from 8 a.m. to 5 p.m.) at the headquarters of Telekom Austria AG, A-1020 Vienna, Lassallestrasse 9, and can be posted to the shareholders upon request (contact: Department of Investor Relations, Tel +43 (0)50 664 - 47500 or by e-mail hauptversammlung.2012@telekomaustria.com).

Further information on our Annual General Meeting can be found under www.telekomaustria.com/agm.

The Management Board

Vienna, April 27, 2012

International Securities Identification Number (ISIN)
AT 0000720008

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Emitter:	Telekom Austria AG Lassallestrasse 9 1020 Wien Austria
Contact Person:	Matthias Stieber
Phone:	+43 (0)50 664 39126
E-Mail:	matthias.stieber@telekomaustria.com
Website:	www.telekomaustria.com
ISIN(s):	AT0000720008 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)