Press release

Telefónica O2 Czech Republic, a.s. is pleased to announce its unaudited financial results for the first half of 2008. These results are consolidated and prepared according to International Financial Reporting Standards and fully include the results of Telefónica O2 Slovakia and Deltax Systems.

“I am glad that in the first half of 2008 we delivered solid results. Mobile business continued to be the key driver of the Group’s growth. Our continuous effort focusing on efficient operation enabled us to keep the manageable costs under control thus maintaining a high operational margin. In addition, a sale of a part of our real estate portfolio positively contributed our results for the first half,” says Salvador Anglada, Chief Executive Officer and Chairman of the Board of Directors of Telefónica O2 Czech Republic, when commenting on the operator’s financial results.

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