Investor Presentaiton

Financial Overview - Telekom Austria Group Credit Ratios Improving Adj. EBITDA/Net Interest FY2000 - Q3 2004 (LTM) Net Debt/Adj. EBITDA FY2000 - Q3 2004 (LTM) 6.6x 3.2x 10.8x 9.7x 9.4x 2.4x 2.2x 8.7x 1.7x 1.2x FY 2000 FY 2001 FY 2002 FY 2003 Q3 2004 (LTM) FY 2000 FY 2001 FY 2002 FY 2003 Q3 2004 (LTM) ■ Telekom Austria managed to strongly improve its net interest coverage since FY2000 ■ Net debt/adj. EBITDA has dropped to 1.2x in Q3 04 from 3.2x in FY2000 16 TELE KOM AUS TRIA

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