Release of 21.10.2014

Voluntary announcement analogous to §§ 91ff Austrian Stock Exchange Act

Today the Telekom Austria Group (VSE: TKA, OTC US: TKAGY) was informed by Schönherr Rechtsanwälte GmbH, representing América Móvil, S.A.B. de C.V. ("América Móvil"), Sercotel, S.A. de C.V. ("Sercotel"), and Carso Telecom B.V. ("Carso Telecom") about the following:

"On behalf of our clients we notify you, for the sake of completeness without being legally obliged to do so, on the shareholding of América Móvil group in Telekom Austria Aktiengesellschaft (ISIN: AT0000720008), Lassallestrasse 9, 1020 Vienna ("Telekom Austria AG" or "Issuer"), after expiration of the additional acceptance period according to sec 19 para 3 Austrian Takeover Act ("ATA"):

Carso Telecom B.V. is a company established under Dutch Law, which is via Sercotel controlled by América Móvil as defined in Section 92 no 4 Stock Exchange Act ("SEA"): Sercotel is a wholly-owned subsidiary of América Móvil and Sercotel holds 100 % of the shares in Carso Telecom.

Until date, América Móvil directly held a participation corresponding to 1.7914 % of the voting rights in the Issuer. After settlement of the tender offer by Carso Telecom for all shares of the Issuer on 17/7/2014, América Móvil also held an indirect participation (via Carso Telecom) corresponding to 49.0179 % of the voting rights in the Issuer.

After additional share purchases on market made by Carso Telecom and upon settlement of the tender offer for all shares tendered during the additional acceptance period pursuant to sec 19 para 3 ATA, América Móvil will hold, directly and indirectly via Carso Telecom 264,470,131 shares with voting rights issued by Telekom Austria AG corresponding to 59.6998 % of the voting rights in the Issuer.

125,917,735 shares with voting rights issued by Telekom Austria AG, held by Österreichische Industrieholding AG, registered under 80286v ("ÖIAG"), corresponding to 28.4239 % of the voting rights in the Issuer, are attributable pursuant to sec 92 SEA and sec 20 Austrian Banking Act.

Therefore, taking into account shares held by ÖIAG, América Móvil directly and indirectly hitherto held a total of 390,387,866 shares with voting rights issued by Telekom Austria AG corresponding to 88.1237 % of the voting rights in the Issuer."

Disclaimer for forward-looking statements:
This document contains forward-looking statements. These forward-looking statements are usually accompanied by words such as "believe", "intend", "anticipate", "plan", "expect" and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This report does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.