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    PPF Group: Announcement regarding the statement of Telefónica S.A.
    10/16/2013

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    Response to the information released by TELEFÓNICA, S.A., yesterday about strategic options and alternatives under consideration in relation to Telefónica Czech Republic.

    PPF Group announces that, as a part of its evaluation of potential investment opportunities in the Czech telecommunications sector, it is currently taking part in discussions with TELEFÓNICA, S.A., regarding their plans for their stake in Telefónica Czech Republic. At this point in time, it is not yet clear what results these talks will bring, whether there will be an agreement on the purchase of this stake, or what the terms of any such transaction might be.

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