COSMOTE - MOBILE TELECOMMUNICATIONS S.A. announces that it is in exclusive negotiations with Mr. Panos Germanos, main shareholder and founder of Athens listed company Germanos S.A., which, if successfully concluded, will result to the acquisition by COSMOTE of Panos Germanos' stake and, consequently, to the acquisition of a controlling shareholding stake of Germanos S.A., subject to receiving the necessary approvals by COSMOTE's corporate bodies and the relevant public authorities. Consequently, and for the protection of investors, COSMOTE has requested the suspension of trading of its shares until Monday 8 May 2006 inclusive, when it expects to make a new announcement regarding the negotiations' outcome.