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HELLENIC TELECOM S.A.

Announcement

March 11, 2008

The Hellenic Telecommunications Organization SA (OTE SA), in accordance with article 292 par. 2 of the Hellenic Stock Exchange Regulation, announces that:

1. The annual general shareholders meeting, will take place on Thursday, 26 June 2008 at OTE headquarters, 99 Kifisias Av., Marousi, Athens.

2. The 2007 stand-alone and consolidated financial statements will be released on Thursday, 20 March 2008 (and uploaded on the company's website: www.ote.gr/english/investorrelations) and published in the press on the following day.

3. The company will hold a conference call, with analysts and investors, to discuss its 2007 financial results, on Thursday, 20 March 2008.

4. The ex-dividend date will be Tuesday, 1 July 2008.

5. The starting date of 2007 dividend payment will be Tuesday, 8 July 2008.



For further information, please contact: Mr. Dimitris Tzelepis, Head of Investor Relations, Tel: +30 210 611 1574, Fax: +30 210 6111030.

Distributed by Capital Link Inc. in New York at (212) 661-7566. (Nicolas Bornozis, President) This information can be also accessed on Hellenic Telecommunication Organization's website at www.ote.gr or on Capital Link website at www.capitallink.com with historical company news.


     




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