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26.08.2004 – 13:49

Telekom Austria AG

euro adhoc: Telekom Austria AG
Telekom Austria Group: Start of Share Buyback (E)

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Vienna, August 26, 2004: Telekom Austria (VSE: TKA, NYSE: TKA) announced, that the share buyback will begin within the framework of the program published earlier.

Details of the purchases from the previous week will be published each Tuesday on our website

end of announcement            euro adhoc 26.08.2004

Further inquiry note: Martin Bredl Telekom Austria Public Relations Phone: +43 (0) 59059 1 11001 mailto:

Hans Fruhmann Investor Relations Telekom Austria Tel.: +43 (0) 59059 1-20917

Branche: Telecommunications Equipment
ISIN:      AT0000720008
WKN:        720008
Index:    ATX, ATX Prime, WBI
Börsen:  Wiener Börse AG / official dealing
              New York / official dealing

Original content of: Telekom Austria AG, transmitted by news aktuell