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Westel Holds Its Annual General Meeting.


Business Editors

BUDAPEST, Hungary--(BUSINESS WIRE)--April 11, 2002

Matav (NYSE NYSE

See: New York Stock Exchange
:MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system.

(2) See M Technology Association.

1. (messaging) MTA - Message Transfer Agent.
.N and BSE See Bombay Stock Exchange.

BSE

See Boston Stock Exchange (BSE).
:MTAV.BU), the leading Hungarian telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. , hereby announces that Westel Mobile Telecommunications Co. Ltd. held its Annual General Meeting on April 10, 2002.

The financial statements according to the Hungarian Accounting Rules (HAR) and report on the 2001 business activities were approved, changes in the governing bodies of the company were approved and a resolution was made for a total dividend payment of HUF HUF

In currencies, this is the abbreviation for the Hungarian Forint.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 23.5 billion.

As a result of the personnel changes, the members of the new Board of Directors are: Elek Straub, dr. Klaus Hartmann, Klara Armuth, Manfred Ohl, dr. Tamas Pasztory, Fridbert Gerlach, Michael Gunther, Martin Boit, Andras Sugar es dr. Zsigmond Bodnar.

The members of the new Supervisory Board are: dr. Stephan von Rosenberg, dr. Dora Petranyi, Siegfried Pleiner, Irene Lange, Jozsef Szucs es Istvan Maradi.

Westel is the largest mobile operator in Hungary with approximately 2.5 million subscribers and over 50% GSM market share as of end of 2001.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EXHU
Date:Apr 11, 2002
Words:173
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