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HELLENIC TELECOM S.A.

Announcement of Regulated Information

July 14, 2008

Αthens, July 14, 2008 - The Hellenic Telecommunications Organization SA (OTE SA), in accordance with Law 3556/2007, 1/434/3.07.2007 Decision of the Hellenic Capital Market Commission, article 13 of Law 3340/2005 and 3/347/12.07.2005 Decision of the Hellenic Capital Market Commission announces that:

DEUTSCHE TELEKOM AG, where Dr. Eick Karl-Gerhard and Mr. Hamid Akhavan, members of the Board of Directors of OTE SA, are members of the Board of Management, on July 10, 2008 purchased 282,000 shares of OTE SA of a total value of 4,337,654.35 euro.

INVESTOR RELATIONS

Τel. +0030 210-611-1574/7593/1121

E-mail: dtzelepis@ote.gr

Fax: +0030 210-6111030



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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