The two awards that Magyar Telekom has been nominated for are:

• 1 Best IR in Central and Eastern Europe
• 2 Best IR in the sector: Communications

TheIR Magazineawards are bestowed annually to companies from across Europe in recognition of the quality and professionalism of their relations with the capital markets. Dissimilar to most other awards, these awards are wholly independent as companies receive votes directly from the audience that matters the most, the analyst and investors themselves; as such, they carry significant prestige.

The winners of the IR Magazine Awards - Europe 2016 will be announced at an evening event in London on June 22, 2016, which Magyar Telekom will be attending.

Christopher Mattheisen, CEO commented:“For Magyar Telekom to be nominated by the investment community for these awards is such a great honor. We take our relationships with the markets extremely seriously and so to receive this level of recognition is hugely gratifying and testimony to our ongoing efforts to enhance the twin standards of dialogue and engagement.”

This investor news may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should not have undue reliance placed upon them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Reports for the year ended December 31, 2015 available on our website athttps://www.telekom.hu