Forthnet S.A. (the "Company") announces in accordance with the Law 3340/2005 (article 13), the HCMC Decision 3/347/2005, as well as the Law 3556/2007 and the HCMC Decision 3/347/2005 that Forgendo Ltd, a legal entity related to Forthnet's BoD Members Mr. Deepak Srinivas Padmanabhan and Mr. Saviour Portelli, notified on the 14th of July 2008 the Company of the acquisition of 75,000 common registered shares in the Company, with a total value of 299,812.50 euro, which took place on the 11th of July 2008.