IPO Company Profile
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Hellenic Telecommunications Organization S.A.
Athens, Greece

The company provides a variety of telecommunications services.

Primary Underwriting Group
ManagerTierPhone
CS First BostonLead Manager (212) 325-2000
HSBC James CapelCo-manager (212) 825-6688
Salomon Smith BarneyCo-manager (212) 723-7300

Offering Information
NASNTL:OTE Service: SIC 4812
Type of Shares:American Depositary Receipts Filing Date:10/6/98
U.S. Shares:15,341,000 Offer Date:11/2/98
Non-U.S. Shares:0 Filing Price:$22.67
Primary Shares:0 Offer Price:$11.00
Secondary Shares:15,341,000 Gross Spread:$0.15
Offering Amount: $347,780,471 Selling:$0.08
Expenses: - Reallowance:
Post-IPO Shares: -

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

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