Investor Releases

2008. 12. 11. 14:31:33

Magyar Telekom (Reuters: NYSE: MTA.N, BÉT: MTEL.BU and Bloomberg: NYSE: MTA US, BÉT: MTELEKOM HB), the leading Hungarian telecommunications service provider, today announced that Elek Straub, the company’s Chairman and Chief Executive Officer, exercised his option to buy 552,831 Magyar Telekom shares on July 4, 2005. As a result, the number of treasury shares held by Magyar Telekom declined from 4,900,000 to 4,347,169.

Budapest, July 7, 2005

Elek Straub subsequently sold Magyar Telekom shares on the Budapest Stock Exchange through Concorde Értékpapír Rt. as follows:
date                 amount sold        average price
4 July 2005     346,446              HUF 893
5 July 2005       76,575              HUF 888
6 July 2005     129,810              HUF 885

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