Hellenic Telecommunications Organization SA (ASE: HTO, NYSE: OTE), the Greek full-service telecommunications provider announces that during the meeting of its Board of Directors, which was held today, the member of OTE's BoD, Dr. Karl-Gerhard Eick, resigned. In replacement of the aforementioned resigned member, for the rest of his term of service and under the same capacity, OTE's Board of Directors elected and appointed Mr. Guido Kerkhoff.

Mr. Guido Kerkhoff, was born in 1967 and holds a degree in Business Administration. He began his career in the Group Accounting Department of VEW AG, where he worked from 1995 through 1996. He then moved on to Bertelsmann AG, where he held the position of Head of Projects and General Corporate Accounting and Controlling. Since April 2002, Mr. Guido Kerkhoff has held various management positions in Deutsche Telekom?s Finance department and since mid-2006 he has been the Head of Deutsche Telekom Group Accounting and Controlling. On March 1, 2009, Mr. Kerkhoff was appointed Member of Deutsche Telekom's Board of Management, responsible for South Eastern Europe.