Budapest, October 21, 2008

Magyar Telekom announces the details of share purchase transactions carried out by its senior officers on October 20, 2008.

Name: Christopher Mattheisen
Position: CEO and Chairman of the Board of Directors
Number of shares bought: 15,920
Average price: HUF 617
Investment service provider: Raiffeisen Bank Zrt.
Total number of shares held following the transaction: 19,041

Name: Éva Somorjai
Position: Chief Human Resources Officer
Number of shares bought: 2,300
Average price: HUF 611
Investment service provider: Concorde Értékpapír Zrt.
Total number of shares held following the transaction: 2,300

Name: György Simó
Position: Chief Operating Officer, Alternative Businesses and Corporate Development BU
Number of shares bought: 5,000
Average price: HUF 595
Investment service provider: Concorde Értékpapír Zrt.
Total number of shares held following the transaction: 5,000