Budapest, November 17, 2004

The Matáv Group submitted its Sustainability Report 2003 to the "Central European Environmental Reporting Award" (CEERA) competition invited by Deloitte for the third time for the annual environmental or sustainability reports of Central European companies. Matáv won the second place in the "Green Frog Award".

The winner of the "Green Frog Award" was Dreher Breweries, Matáv and the Budapest Electricity Company finished second in the competition, and the third place went to the Hungarian Electricity Company. The prize was presented at the joint event of the Hungarian Business Leaders Forum and Deloitte in the Budapest Hilton Hotel on November 16, 2004 by Minister of Environment and Water Management Dr. Miklós Persányi.

The international jury included the EBRD, the Central European University, the Business Council for Sustainable Development, the Central and East European Regional Environmental Center and HVG. When judging the applications, the jury examined the environmental impacts presented in the environmental report published by the given company, the depth of the data series, the outer appearance of the report, the standard of environmental management, the company's customer relations and the share of environmental spending in the company's overall expenditures.

Applications were also submitted by Audi Hungaria Motor Kft., BorsodChem Rt., British American Tobacco Hungary, Csepeli Erőmű Rt., Opel Magyarország Autóipari Kft., Tetra Pak Rt. and Tiszai Vegyi Kombinát Rt.