Forthnet S.A.

Announcement of regulated information of the Law 3556/2007 and the article 13 of the Law 3340/2005

Forthnet S.A. (the "Company") announces that the shareholder "Cyrte Investments GP I B.V.", a legal entity closely related according to art. 13 of Law 3340/2005 to the non executive Member of the Company Mr. Franciscus Botman, notified on the 24th of March 2011 the Company:
1. of the acquisition of 30,000 common registered shares in the Company, with a total value of €14,412.96 which took place on the 17th of March 2011.
2. of the acquisition of 60,000 common registered shares in the Company, with a total value of €28,225.38 which took place on the 17th of March 2011.
3. of the acquisition of 40,000 common registered shares in the Company, with a total value of €20,218.18 which took place on the 21st of March 2011.
4. of the acquisition of 24,485 common registered shares in the Company, with a total value of €12,498.59 which took place on the 22nd of March 2011.
Τhe announcement is made 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 1/434/03.07.2007, as well as the Athens Exchange Rulebook, par. 4.1.3.1 and 4.1.3.8.