Friday, 25 July 2003

+++ Announcement for payment of dividends for the financial year 2002 +++

The Board of Directors of the Societe' Anonyme Company under the corporate name "INTRACOM S.A. - HELLENIC TELECOMMUNICATIONS AND ELECTRONICS INDUSTRY" and with the distinctive title "INTRACOM", notifies its shareholders that according to the resolution of the company's shareholder's Ordinary General Assembly of June 30, 2003, the dividends, for the financial year 2002, amount to 0,20 Euro (€ 0,20), per share.

Beneficiaries of the dividends are the shareholders of the Company after the expiration of the Athens Stock Exchange assembly of June 30, 2003.

From July 1, 2003, the company's shares will be negotiated in the Athens Stock Exchange, with no right for dividends for the financial year 2002.

The payment of the dividends will begin on Friday August 29, 2003 and will be realized with personal crossed checks of ALPHA BANK, which will be sent by mail to the beneficiaries together with their certificate for the fiscal year.

In case of loss or non receipt of the check, or change of address, the shareholders are requested to contact the Company's offices (19,5 km. Markopoulou Ave. - 190 02 Peania, Attiki, tel. 210-6671731, Investor Relations Department).

Dividends, which have not been collected within five (5) years, are lapsed to the Greek State.