Tuesday, 1 July 2003

+++ INVITATION To the First Follow-up Session of the 30.6.03 Ordinary General Assembly of the Shareholders of the Societe' Anonyme (S.A.) registered under the corporate name "INTRACOM S.A. - HELLENIC TELECOMMUNICATIONS AND ELECTRONICS INDUSTRY" and with the distinctive title "INTRACOM" Reg. No. (S.A. Register): 13906/06/Β/86/20 +++

In accordance with the Greek Law and the Company's Articles and after the resolution of its Board of Directors, the Company's shareholders are invited to the First Follow-up Session of the Ordinary General Assembly, which was initially set for June 30, 2003 but -due to lack of lawful quorum- postponed reaching a decision on the 7th item of the Agenda. Thus, the Follow-up Session will take place on Thursday, July 17, 2003 at 9.30 a.m. at the Company Head Offices, in Peania, Attiki (precise location: 19,5 km of the new Peania - Markopoulo Ave., complex B, on the right heading for Markopoulo) to resolve upon the following single item on the Agenda:

- Amendment of clause 5 of the Company's Articles, regarding the company's share capital, due to Stock Options.

Under the Greek law and the Company's Articles, in order for the shareholders and their representatives to be eligible for attending the above General Assembly, they must declare the number of shares with which they wish to join in the First Follow-up Session of the Ordinary General Assembly at least five (5) days before the session of the Assembly. In declaring the number of shares, the interested parties must address the Central Security Depository, provided that the number of shares to be deposited is already registered in the Special Account, otherwise they should firstly request from their authorized Security Accounts administrators to issue a tying-up certificate for them, and secondly, submit relevant letters of attorney to the company offices within the same deadline.