Investor Presentaiton

Wireline ■ 2002 revenue decline due to strong price competition and lower volumes significant revenue improvement over course of year (4Q revenue growth of 2.1% vs. 1Q decline of 9.7%) . ■ Stable EBITDA margin due to sustainable improvement in efficiency ☐ ☐ headcount reduction by 1,690 Stabilisation of market share . stronger position in business market following increased sales efforts Number of fixed line competitors fell from 39 to 28 in 2002 ⚫ further consolidation expected in 2003 Wireline Revenues and EBITDA** EUR mln Revenues -6.0% EBITDA** -6.6% Voice Market Shares* 7% 3% 5% 6% Telekom Austria Tele2 UTA 53% telering etel 2,402.40* 2,259.40* 905.7* 12% 846.0* 2001 2002 2001 2002 14% * excluding intragroup business ** excl. costs for idle workforce and retirement of long-lived assets Telekom Austria estimates Telekabel Others TELE KOM AUS TRIA

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