EANS-General Meeting

Telekom Austria AG / Invitation to the General Meeting - Seite 2

Management Board for the appropriation of the net profit and the
Supervisory Board report for the fiscal year 2016; 2. complete text
of this Invitation to the General Meeting; 3. the resolution
proposals for the agenda by the Management Board and the Supervisory
Board; 4. forms for proxy and revocation of proxy; 5. statements
according to Sec 87 para 2 Stock Corporation Act.

Furthermore, these documents are also available to the public during
business hours (workdays 8:00 a.m. to 5:00 p.m. (CEST)) at the seat
of the company, Telekom Austria AG, A-1020 Vienna, Lassallestrasse 9.
For postal delivery, please contact our Investor Relations Department
(phone [phone] - 47500 or e-mail
[e-mail]).

Additional items to the agenda: Shareholders whose shares
collectively amount to 5% of the share capital may request in writing
(signature required) that additional items are placed on the agenda
of the General Meeting of 9 June 2017, and that these additional
items are published. Each additional item must be accompanied by a
proposal for the resolution to be passed (in any event in German and
if desired in an additional language) including reasons (in German
required). In case of election of members of the Supervisory Board,
the reasons which must be attached are replaced by a declaration of
the Supervisory Board candidate according to Sec 87 para 2 Stock
Corporation Act. The written request must be submitted to Telekom
Austria AG, Investor Relations Department, A-1020 Vienna,
Lassallestrasse 9, at the latest by the 21st day prior to the General
Meeting (thus by 19 May 2017). The requesting shareholders must be
owners of the shares since at least 3 months prior to the date of the
request. Proof of this shall be given at the same time the request is
made by means of a deposit confirmation by the custodian bank
according to Sec 10a Stock Corporation Act in German or English that
is no more than seven days old upon submission to the company. The
custodian bank shall have its registered office in a member state of
the European Economic Area (EEA) or in a full member state of the
OECD. Furthermore, the deposit confirmation must show that the
requesting shareholder has held the shares continuously for at least
3 months at the time of the date of the request. For several
shareholders who only jointly hold the required number of shares
amounting to 5% of the share capital, the deposit confirmations for
all the shareholders shall refer to the same point of time (date and
time).

Resolution proposals: Until the end of the 7th business day prior to