Hungarian Telecom Co. Ltd.
Proposed Ticker: -
Exchange:New York Stock Exchange HUNGA
Industry:Transportation (SIC Code 4812)

Filing Information
Type of Shares:American Depositary Receipts Filing Date:10/8/97
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $0
Primary Shares:0 Expenses: -
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Merrill Lynch & Co.Lead Manager (212) 449-4600
CS First BostonCo-manager (212) 325-2000

Business Description
The company is a state owned telecommunications company.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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