Telekom Austria AG: Results for the First Nine Months 2012

Vienna (pta007/14.11.2012/07:00 UTC+1) Highlights

> Group revenues decline by 3.8% primarily due to pricing and regulatory pressure on the mobile businesses in Austria and Bulgaria

> Almost stable revenues in Croatia and Belarus as well as top line growth in the Additional Markets segment

> Strong fixed line performances in Austria, Bulgaria and Croatia

> OPEX savings of net EUR 86.7 million limit the decline of Group EBITDA comparable at 4.5% and keep the margin almost stable

> EBITDA comparable growth in Croatia and Additional Markets

> Group Outlook 2012 reiterated: Revenues approximately EUR 4.2 bn, EBITDA comparable EUR 1.40 bn to EUR 1.45 bn, CAPEX* EUR 0.70 bn to EUR 0.75 bn, Operating Free Cash Flow** EUR 0.70 bn to EUR 0.75 bn

> Expected dividend per share of EUR 0.05 for 2012 and 2013

in EUR million	Q3 2012	Q3 2011	% change	1-9 M 2012	1-9 M 2011	% change
Revenues	1,093.7	1,111.4	-1.6%	3,212.0	3,338.7	-3.8%
EBITDA comparable	410.4	412.9	-0.6%	1,136.6	1,190.4	-4.5%
Operating income	177.0	166.1	6.5%	388.1	208.8	85.9%
Net income	99.2	127.9	-22.5%	180.1	68.7	162.1%
Earnings per share (in EUR)	0.22	0.29	-22.6%	0.41	0.16	161.7%
Free cash flow per share (in EUR)	0.37	0.44	-15.6%	0.70	0.86	-18.5%
Capital Expenditures	158.4	177.8	-10.9%	489.4	454.9	7.6%
in EUR million				Sept 30, 2012	Dec. 31, 2011	% change
Net Debt				3,261.5	3,380.3	-3.5%
Net Debt/EBITDA comparable (12 months) excluding restructuring program				2.2x	2.2x

All financial figures are based on IFRS; if not stated otherwise, all comparisons are given year-on-year. EBITDA comparable is defined as net income excluding financial result, income tax expense, depreciation and amortization, restructuring and impairment charges.
* Does not include investments for licenses and spectrum and acquisitions
** Operating Free Cash Flow = EBITDA comparable - CAPEX (excluding investments for licenses and spectrum and acquisitions)

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