Eurotel CEO Resigns

Eurotel Praha CEO Terrence Valeski and CFO Robert Bowker resign

May 7, 2004

1 Min Read

PRAGUE -- The statutory representatives of Eurotel Praha, spol. s.r.o., received the resignation of Mr. Terrence Valeski, Eurotel’s Chief Executive Officer. Mr. Robert Bowker, Eurotel’s Chief Financial Officer also resigned from his position to pursue other career opportunities.

“We respect the decisions of Messrs.Valeski and Bowker. We recognize their contribution to Eurotel’s business and wish them all the best in their future endeavours”, said Mr. Gabriel Berdar, Chairman of the Board of Directors and CEO of CESKY TELECOM.

“We believe that Mr. Valeski’s cooperation in the transfer of his position to his successor will enable smooth transition and continuity of Eurotel’s operations,” added Mr. Berdar.

Eurotel Praha spol. s.r.o.

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