Annual General Meeting - April 28, 2004

Time: Wednesday, April 28, 2004 at 11.00 a.m.
Registration: from 9.00 a.m. to 10.30 a.m.
Venue: Matáv Headquarters, Tölösi Conference Center,
Krisztina krt. 55. Budapest, Hungary

Right to attend and vote:

The condition of exercising the voting right at the General Meeting is that the shareholder or the duly authorized proxy of the shareholder is registered in the Stock Registers Department of KELER Rt. (1075 Budapest, Asbóth u. 9-11. Tel: 483 6100/237,253) at least six (6) working days (at the latest by April 15, 2004) prior to the General Meeting. Those shareholders whose shares are deposited are kindly asked to notify the administrator of the deposit in writing - in order to avoid possible misunderstandings - of their wish to participate in the General Meeting by April 15, 2004.