Budapest, February 24, 2003

As from March 1, 2003 Mr. Béla Kozma will be the new CEO of Emitel, a subsidiary of Matáv.

Béla Kozma (45) graduated from the Faculty of Electrical Engineering of the Budapest Technical University in 1981 and took a post-graduate diploma in integrated telecommunications engineering in 1985.
For the next four years he worked for the Budapest-area Post Directorate of the Hungarian Post. Between 1987 and 1990 he worked in Austria on the introduction of Hungarian digital exchanges. Since 1990, he has held various management positions at Matáv, including director of the Operations and Maintenance Directorate, deputy chief technical officer and director of the PKI Telecommunications Development Institute.

From March 2001 Mr. Béla Kozma has been the Chief Technical Officer of Makedonskii Telecomunikacii (Maktel). His assignment with Maktel expires on February 28, 2003.

The contract of Mr. Yoel Harel, the current CEO of Emitel, also expires on 28 February 2003. Mr. Harel did not wish to extend his contract.