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Panafon Hellenic Tel (PFHD)

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Tuesday 07 September, 1999

Panafon Hellenic Tel

Response to Earthquake

PANAFON HELLENIC TELECOM CO. SA
7 September 1999

                  Earthquake in Athens

Panafon   Hellenic  Telecommunications  S.A.  ('Panafon')
announces  that,  following  the  earthquake  in   Athens
earlier  today, it has sustained no material  damage  and
that its network remains fully operational.

Understandably, Panafon is experiencing an  unprecedented
level  of call traffic on its network in the Athens  area
but  is,  however,  endeavouring to assist  the  emergency
services  in  any  way  it can with their  communications
needs.

For further information:

Lulu Bridges
Tavistock Communications
Tel:  0171 600 2288

                                                                                                            

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