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Trading Statement for the Second Quarter and the First Half of 2018 - ATTACHMENT

  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Vienna - Today, A1 Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces its
highlights for the second quarter and the first half of 2018, ending 30 June
2018. The full earnings release including the results for the second quarter and
the first half of 2018 will be published on 24 July 2018.

Highlights for the second quarter of 2018

* Group total revenues increased by 1.3% (reported: +1.5%), mainly driven by
  higher equipment revenues and the solid retail fixed-line performance.
  Excluding FX and the minor one-off effects total revenues grew by 2.3%
  (reported: +2.5%), with service revenue growth in all markets except for
* The strong comparison period Q2 2017 was positively impacted by project-driven
  revenues and some reversals of accruals in Austria. Together with investments
  into A1 Digital and a negative FX impact in Q2 2018 this led to a decline in
  Group EBITDA of 0.9% (reported: -0.8%).

  o Excluding FX and the minor one-off effects (restructuring charges had
    basically no impact), Group EBITDA increased slightly by 0.2% (reported:
    +0.3%), with strong contribution from CEE compensating for A1 Digital
    investments; Austria showed a stable performance despite the strong
    comparable in Q2 2017.

* Net result grew by 15.9% in Q2 2018 excluding D&A from the brand value
  amortisation of EUR 72.4 mn (reported net result Q2 2018: EUR 58.0 mn; Q2
  2017: EUR 112.5 mn).
* Reported free cash flow increased by 35.4% to EUR 205.7 mn in the first half
  of 2018. This was mainly attributable to lower interest payments and
  operational improvements as well as lower capital expenditures paid.
* Group outlook 2018 unchanged: total revenue growth of 1-2% (on a reported
  basis), CAPEX [1] of approx. EUR 750 mn.

[1] Does not include investment in spectrum and acquisitions.

Further inquiry note:
Susanne Reindl
Head of Investor Relations
A1 Telekom Austria Group
Tel: +43 (0) 50 664 39420

end of announcement                         euro adhoc

Attachments with Announcement:

issuer:       Telekom Austria AG
              Lassallestrasse 9
              A-1020 Wien
phone:        004350664 47500
ISIN:         AT0000720008
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

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