Magyar Telekom (Reuters: NYSE: MTA.N, BSE: MTEL.BU and Bloomberg: NYSE: MTA US, BSE: MTELEKOM HB), the leading Hungarian telecommunications service provider, today announced that Dr. Mihály Patai, member of its Board of Directors sold 58,190 Magyar Telekom shares at an average price of HUF 861 on the Budapest Stock Exchange on June 30, 2005 through HVB Bank.