Investor Presentaiton

800 Telekom Austria Debt Maturity Profile Telekom Austria Debt Maturity Profile* (EUR million) 700 595 600 500 400 244 237 300 300 200 100 0 2005 2006 101 2007 2008 2009 2010 5 5 - 2011 2012 2013 thereafter Long-term debt and current portion of long-term debt EUR 750 million bond 2003 - 2013 750** Highlights As of Sept. 30, 2004 Telekom Austria had cash and cash equivalents, short-term and long-term investments amounting to EUR 197 million ■ Telekom Austria has access to committed lines of credit amounting to EUR 800 million (incl. a EUR 350 million ABS programme) ■ The proceeds from the bond will be used to refinance existing corporate debt and to increase the financial flexibility for 2005 Mid-term financial targets: - - Net debt/equity < 120% - Net debt/adj. EBITDA < 2.0 Adjusted EBITDA/ net interest expense > 8.0 * ** 15 TELE KOM AUS TRIA

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