COSMOTE MOBILE TELECOMMUNICATIONS S.A. announces its Board of Directors decision at its meeting on March 3rd, 2006, to recommend to the 9th Annual General Shareholder' Meeting, which will be convened on June 8th, 2006: (a) the fiscal year 2005 dividend distribution of a total amount of euro 216,897,271.5 (Euro 0.65 per share), b) all holders of the Company's shares as at the 9th of June 2006, inclusive, to be entitled to this dividend c) shares to be trading ex-dividend from June 13th 2006, and d) dividend payment to commence on June 21st 2006.