Notification of transactions of directors/persons discharging managerial responsibilities and connected persons

Hrvatski Telekom d.d. (“HT d.d.” or “the Company”) hereby notifies that on 30 October 2015 the Raiffeisen Mandatory and Voluntary Pension Funds Management Company d.d. informed the Company of dealings in HT d.d. shares. This notification is made because Mr. Damir Grbavac, an insider on the General Insider List of the Company and a Member of the Supervisory Board of HT d.d., holds the position of President of the Management Board of the Raiffeisen Mandatory and Voluntary Pension Funds Management Company d.d., which is thereby considered a connected person, pursuant to Article 464, paragraph 2 of the Capital Market Act.

Raiffeisen Mandatory and Voluntary Pension Funds Management Company d.d. made the following acquisitions in the name and on behalf of the Raiffeisen Mandatory Pension Fund category B (“ROMF B”), regarding HT d.d. shares, trading symbol HT-R-A (ISIN: HRHT00RA0005), on the Zagreb Stock Exchange:

• On 26 October 2015, 10,000 ordinary shares were acquired at an average price of HRK 144.096630 per ordinary share, representing 0.0122% of the Company’s issued share capital.
• On 27 October 2015, 10,000 ordinary shares were acquired at an average price of HRK 145.710506 per ordinary share, representing 0.0122% of the Company’s issued share capital.
• On 28 October 2015, 10,000 ordinary shares were acquired at an average price of HRK 143.652853 per ordinary share, representing 0.0122% of the Company’s issued share capital.
• On 29 October 2015, 10,000 ordinary shares were acquired at an average price of HRK 146.710829 per ordinary share, representing 0.0122% of the Company’s issued share capital.
• On 30 October 2015, 10,000 ordinary shares were acquired at an average price of HRK 148.002137 per ordinary share, representing 0.0122% of the Company’s issued share capital.

Following these acquisitions, ROMF B holds in total 7,036,167 ordinary shares in the Company, representing 8.5924% of the Company’s issued share capital and the same number of votes at the General Assembly of the Company.