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HELLENIC TELECOM S.A.

Financial Calendar

March 12, 2009

The Hellenic Telecommunications Organization SA (OTE SA), in accordance with paragraphs 4.1.2 and 4.1.4.3.1 of the Hellenic Stock Exchange Regulation, announces the Financial Calendar, according to which:

1. The annual general shareholders meeting, will take place on Wednesday, 24 June 2009 at OTE headquarters, 99 Kifisias Av., Marousi, Athens.

2. The 2008 stand-alone and consolidated financial statements will be released on Friday, 27 March 2009 (and uploaded on the company's website: http://www.ote.gr/portal/page/portal/InvestorRelation) and published in the press on the following day.

3. The company will hold a conference call, with analysts and investors, to discuss its full year 2008 financial results, on Friday, 27 March 2009.

4. The ex-dividend date will be Monday, 29 June 2009. During this meeting the shares will be traded without the right of receiving dividend for the year 2008.

5. The record date will be Wednesday, 1 July 2009 [according to the new revised Hellenic Stock Exchange Regulation the dividend beneficiaries are the investors that are registered in the records of the DSS (Dematerialised Securities System) as beneficiaries on the above-mentioned record date - since 1-1-2009 the corporate actions are carried out according to the "record date" rule, which replaces the "trade date" rule].

6. The starting date of 2008 dividend payment will be Tuesday, 7 July 2009.



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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