T-HT invites present and former employees to check their data regarding purchase of shares at preferential terms

( Mar 17, 2008 )The Law on the Privatization of Hrvatske telekomunikacije d.d. (the Company) dating from 1999 and its subsequent amendments of 2001, which regulates the framework for privatization of the Company, provides for the sale of 7% of shares to present and former employees of the Company and Hrvatske pošte d.d. and former employees of Public Enterprise for Postal and Telecommunications Traffic HPT – Croatian Post and Telecommunications.

Pursuant to this Law, the Government of the Republic of Croatia passed a corresponding decision (Decision) in November 2007 through which the basic terms governing the sale of shares were defined.  Through the sale of 7% of shares, The Government of the Republic of Croatia would decrease its ownership stake in the Company to 2.5%.

Accordingly, T-Hrvatski Telekom (T-HT) has announced today in the media, as an integral part of preparations for implementing this Decision, an invitation to those present and former employees who are entitled to purchase shares at preferential terms to check their data, which can be done online at www.t.ht.hr or via a free telephone number 0800 9900.  The final deadline for the checking of this data and the delivery of relevant documentation is 30 March 2008.

In due course the Government of the Republic of Croatia will define final terms and method of purchase, as well as define the conditions for any potential lock-up period.   

 

Investor Relations:

Erika Kašpar	+ 385 1 4912 000
Elvis Knežević	+ 385 1 4911 114
Email:	ir@t.ht.hr
Web:	www.t.ht.hr