Investor Presentaiton

Telekom Austria Ownership Structure as of March 31, 2003 Shareholder Structure Free Float 38.0% Telecom Italia 14.8% ÖIAG 47.2% ÖIAG Highlight Holding and Privatisation Agency of the Republic of Austria ■ New Austrian Government has reiterated its intention to proceed with a full privatisation Telecom Italia Strategic shareholder since 1998 ■ Sold 15% to become pure financial investor in November 2002, in line with its strategic de-leveraging plan Free Float ■ IPO in November 2000 Currently 38% TELE KOM AUS TRIA

View entire presentation