Pursuant to Article 460-d of the Law on Trade Companies, Makedonski Telekom AD - Skopje (hereinafter referred to as the: 'Makedonski Telekom' or 'Company') hereby informs that a Framework Cooperation and Service Agreement has been concluded with Magyar Telekom, as a transaction with an interested party considering that Magyar Telekom is a sole shareholder of Stonebridge Communications AD, shareholder that owns 56.67% voting shares (outstanding shares) in Makedonski Telekom.

With the Resolution adopted at the regular meeting held on 16 September 2015 the Board of Directors of Makedonski Telekom approved the conclusion of the Framework Cooperation and Service Agreement with Magyar Telekom, as a transaction with an interested party for the provision of services in connection with Fix Access Shared Service Centers that will increase the efficiency in development and operational activities, optimize costs and explore additional business potentials for future oriented platforms.

The value of the Framework Agreement is up to 196,177 EUR, wherein the said Agreement shall be implemented and the respective payments shall be effectuated by Makedonski Telekom to Magyar Telekom until 31.12.2018.

Makedonski Telekom AD issued this content on 27 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 January 2016 14:25:13 UTC

Original Document: http://www.telekom.mk/ns-newsarticle-information-about -a-transaction-with-an-interested-party.nspx