euro adhoc: Telekom Austria AG / Board of Directors (Appointments and Changes) / Telekom Austria...

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Vienna, July 21, 2008: The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) today announced that the Vice Chairman of the Board and CEO of the Fixed Net segment Rudolf Fischer will resign as of August 31, 2008 due to personal reasons. However, he will continue to support the Fixed Net segment for another year to guarantee an efficient transition. Peter Michaelis, Chairman of the Supervisory Board, said: "I accept Mr. Fischer´s decision and I´d like to thank him on behalf of the entire Supervisory Board for his excellent work. In the last 10 years Rudolf Fischer has made a major contribution to transforming the former monopolist into a... [read full story]