COSMOTE – MOBILE TELECOMMUNICATIONS S.A. announces that on Friday 15 December2006 its 100% subsidiary COSMOHOLDING CYPRUS LTD acquired, through stock exchange transactions, 344,396 common registered shares of GERMANOS S.A., at the price of Euro 19 per share. Following these transactions, COSMOTE's direct and indirect participation in GERMANOS S.A.'s paid-in share capital is approximately 90.27%.