Investor Releases

Magyar Telekom Ltd. announces that T-Mobile Hungary Ltd. convened its Extraordinary General Meeting

Budapest, December 2, 2005

Magyar Telekom (Reuters: NYSE: MTA.N, BÉT: MTEL.BU and Bloomberg: NYSE: MTA US, BÉT: MTELEKOM HB), the leading Hungarian telecommunications service provider, today announced that its subsidiary, T-Mobile Hungary Ltd. convened its Extraordinary General Meeting to be held on December 19, 2005 in connection with the merger of Magyar Telekom Ltd. and T-Mobile Hungary Ltd.

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