```
 
```

|    | Summary of      investment holdings according to §313 (2) HGB, consolidated financial      statements of      Deutsche Telekom AG as of December 31,      2009 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                |
|    |                                                                                                                                                                |   |
| Seq.No. | Name      and place of business                                                                                                                                     |
|    |                                                                                                                                                                | 1.      Included companies |
| 1.      |                                                                                                                                                                | Accumio      Finance Services GmbH, Heidelberg |
| 2.      |                                                                                                                                                                | ActiveBilling      GmbH & Co. KG, Bonn |
| 3.      |                                                                                                                                                                | Albania      Mobile Communications Sh.A, Tirana |
| 3.      |                                                                                                                                                                | Albania      Mobile Communications Sh.A, Tirana |
| 4.      |                                                                                                                                                                | Atrada      Trading Network AG, Nuremberg |
| 5.      |                                                                                                                                                                | AutoScout24      AS GmbH, Vienna |
| 6.      |                                                                                                                                                                | AutoScout24      Belgium S.A., Brussels |
| 7.      |                                                                                                                                                                | AutoScout24      Espana S.A., Madrid |
| 8.      |                                                                                                                                                                | AutoScout24      France SAS, Trappes |
| 9.      |                                                                                                                                                                | AutoScout24      GmbH, Munich |
| 10.     |                                                                                                                                                                | AutoScout24      Italia S.R.L., Padua |
| 11.     |                                                                                                                                                                | AutoScout24      Nederland B.V., Amsterdam |
| 12.     |                                                                                                                                                                | Axelero      Kft., Budapest |
| 12.     |                                                                                                                                                                | Axelero      Kft., Budapest |
| 13.     |                                                                                                                                                                | BERCOS      Gesellschaft für Kommunikationstechniken mbH, Bonn |
| 14.     |                                                                                                                                                                | CMobil      B.V., Amsterdam |
| 15.     |                                                                                                                                                                | COSMOTE      S.A., Maroussi, Athen |
| 16.     |                                                                                                                                                                | Combridge      S.R.L., Sfântu Gheorghe |
| 17.     |                                                                                                                                                                | Compargo      Kft., Budapest |
| 18.     |                                                                                                                                                                | Cook      Inlet/VS GSM IV PCS Holdings, LLC, Bellevue |
| 18.     |                                                                                                                                                                | Cook      Inlet/VS GSM IV PCS Holdings, LLC, Bellevue |
| 19.     |                                                                                                                                                                | Cook      Inlet/VS GSM VII PCS Holding, LLC, Bellevue |
| 20.     |                                                                                                                                                                | Cook      Inlet/VS GSM VII PCS L.L.C., Bellevue |
| 21.     |                                                                                                                                                                | Cosmo      Bulgaria Mobile EAD, Sofia |
| 22.     |                                                                                                                                                                | Cosmo      Holding Albania Societe Anonyme, Maroussi, Athen |
| 23.     |                                                                                                                                                                | Cosmoholding      Cyprus Limited, Limassol |
| 24.     |                                                                                                                                                                | Cosmoholding      Romeania Ltd, Limassol |
| 25.     |                                                                                                                                                                | Cosmote      Romeanian Mobile Telecommunications S.A., Bukarest |
| 25.     |                                                                                                                                                                | Cosmote      Romeanian Mobile Telecommunications S.A., Bukarest |
| 26.     |                                                                                                                                                                | Crnogorski      Telekom a.d. Podgorica, Podgorica |
| 27.     |                                                                                                                                                                | DFMG      Deutsche Funkturm GmbH, Münster |
| 27.     |                                                                                                                                                                | DFMG      Deutsche Funkturm GmbH, Münster |
| 28.     |                                                                                                                                                                | DFMG      Holding GmbH, Bonn |
| 29.     |                                                                                                                                                                | DIERGASIA      Interim Employment S.A., Athens |
| 30.     |                                                                                                                                                                | Dataplex      Infokommunikációs Infrastruktúra Szolgáltató és Ingatlanhasznosító      Korlátolt FelelQsségq Társaság, Budapest |
| 31.     |                                                                                                                                                                | DeTeAssekuranz      - Deutsche Telekom Assekuranz-Vermittlungsgesellschaft mbH,      Monheim |
| 32.     |                                                                                                                                                                | DeTeFleetServices      GmbH, Bonn |
| 33.     |                                                                                                                                                                | DeTeMedien,      Deutsche Telekom Medien GmbH, Frankfurt/Main |
| 34.     |                                                                                                                                                                | Detecon      (Schweiz) AG, Zurich |
| 35.     |                                                                                                                                                                | Detecon      Asia-Pacific Ltd., Bangkok |
| 36.     |                                                                                                                                                                | Detecon      International GmbH, Bonn |
| 37.     |                                                                                                                                                                | Detecon,      Inc., Reston, VA |
| 38.     |                                                                                                                                                                | Deutsche      Telekom Accounting GmbH, Bonn |
| 39.     |                                                                                                                                                                | Deutsche      Telekom BK-Holding GmbH, Bonn |
| 40.     |                                                                                                                                                                | Deutsche      Telekom International Finance B.V., Amsterdam |
| 41.     |                                                                                                                                                                | Deutsche      Telekom Kundenservice GmbH, Bonn |
| 42.     |                                                                                                                                                                | Deutsche      Telekom Netzproduktion GmbH, Bonn |
| 43.     |                                                                                                                                                                | Deutsche      Telekom Shared Services s.r.o., Bratislava |
| 43.     |                                                                                                                                                                | Deutsche      Telekom Shared Services s.r.o., Bratislava |
| 44.     |                                                                                                                                                                | Deutsche      Telekom Technischer Service GmbH, Bonn |
| 45.     |                                                                                                                                                                | Deutsche      Telekom Training GmbH, Bonn |
| 46.     |                                                                                                                                                                | Deutsche      Telekom Value Added Services Austria GmbH , Vienna |
| 47.     |                                                                                                                                                                | Deutsche      Telekom Venture Funds GmbH, Bonn |
| 48.     |                                                                                                                                                                | E-Value      Collection L.T.D., Agios Stefanos |
| 49.     |                                                                                                                                                                | E-Value      Societe Anonyme of Direct Marketing and Customer Support Services, Agios      Stefanos |
| 50.     |                                                                                                                                                                | EURACCOUNT      Kft., Budapest |
| 50.     |                                                                                                                                                                | EURACCOUNT      Kft., Budapest |
| 51.     |                                                                                                                                                                | Elso      Pesti Telefontársaság NyRt., Budapest |
| 52.     |                                                                                                                                                                | Erste      DFMG Deutsche Funkturm Vermögens-GmbH & Co. KG,      Heusenstamm |
| 53.     |                                                                                                                                                                | FinanceScout24      GmbH, Munich |
| 54.     |                                                                                                                                                                | FriendScout24      GmbH, Munich |
| 55.     |                                                                                                                                                                | GMG      Generalmietgesellschaft mbH, Bonn |
| 56.     |                                                                                                                                                                | Germanos      Societe Anoyme Instrustrial & Commercial Company of Electronic      Telecommunicationmaerial & Services, Agios Stefanos |
| 57.     |                                                                                                                                                                | Germanos      Telecom Bulgaria AD, Sofia |
| 58.     |                                                                                                                                                                | Germanos      Telecom Romeania S.A., Ilfov County, Volunatri town |
| 59.     |                                                                                                                                                                | HELLAS-SAT      Consortium Ltd., Nicosia |
| 60.     |                                                                                                                                                                | HELLAS-SAT      S.A. Satellite System Services & Communications , Maroussi,      Athen |
| 60.     |                                                                                                                                                                | HELLAS-SAT      S.A. Satellite System Services & Communications , Maroussi,      Athen |
| 61.     |                                                                                                                                                                | HOLDCO      Sp.z o. o., Warsaw |
| 62.     |                                                                                                                                                                | HT      - Hrvatske telekomunikacije d.d., Zagreb |
| 63.     |                                                                                                                                                                | Hellenic      Telecommunications Organization S.A.  ( OTE ),      Athens |
| 64.     |                                                                                                                                                                | I.T.E.N.O.S.      International Telecom Network Operation Services GmbH,  Bonn |
| 65.     |                                                                                                                                                                | IQSYS      Informatikai és Tanácsadó Zártkörüen Müködö Részvénytársaságként,      Budapest |
| 66.     |                                                                                                                                                                | IT      Services Hungary Szolgáltató Kft., Budapest |
| 67.     |                                                                                                                                                                | Immobilien      Scout GmbH, Berlin |
| 67.     |                                                                                                                                                                | Immobilien      Scout GmbH, Berlin |
| 68.     |                                                                                                                                                                | Infovan      (Proprietary) Limited, Midrand |
| 69.     |                                                                                                                                                                | Institute      of Next Generation Networks, Zilina |
| 70.     |                                                                                                                                                                | Interactive      Media CCSP GmbH, Darmstadt |
| 71.     |                                                                                                                                                                | International      System House Informatika Kft., Budapest |
| 72.     |                                                                                                                                                                | International      System House Kereskedelmi és SzoftverfejlesztQ Kft.,    Budapest |
| 73.     |                                                                                                                                                                | Investel      Magyar Távközlési Befektetési ZRt., Budapest |
| 74.     |                                                                                                                                                                | Iskon      Internet d.d., Zagreb |
| 75.     |                                                                                                                                                                | JobScout24      GmbH, Munich |
| 76.     |                                                                                                                                                                | JobScout24      International Holding AG, Baar |
| 77.     |                                                                                                                                                                | KFKI  Rendszerintegrációs      Zártkörüen Müködö Részvénytársaság, Budapest |
| 78.     |                                                                                                                                                                | KFKI-Digitális      RendszerelQállító és Karbantartó Kft., Budapest |
| 79.     |                                                                                                                                                                | Kabelsko      distributivni sustav d.o.o., Cakovec |
| 80.     |                                                                                                                                                                | Kitchen      Budapest Kft., Budapest |
| 80.     |                                                                                                                                                                | Kitchen      Budapest Kft., Budapest |
| 81.     |                                                                                                                                                                | M      Factory Kommunikációs Zártkörqen Müködö Részvenytársaság,      Budapest |
| 82.     |                                                                                                                                                                | Magyar      Telekom Távközlési Nyilvánosan Müködö Részvénytársaság (Magyar Telekom      Telecommunications Public Limited Company) [ehem. MATAV],      Budapest |
| 83.     |                                                                                                                                                                | MagyarCom      Holding GmbH, Bonn |
| 84.     |                                                                                                                                                                | Makedonski      Telekom  A.D., Skopje |
| 85.     |                                                                                                                                                                | Matáv      Kft, Budapest |
| 85.     |                                                                                                                                                                | Matáv      Kft, Budapest |
| 86.     |                                                                                                                                                                | Mindentudás      Egyeteme Tudományos Közhasznú Nonprofit Kft., Budapest |
| 87.     |                                                                                                                                                                | Mobilbeep      Telecommunications One Person Limited Liability, Maroussi,      Athen |
| 88.     |                                                                                                                                                                | Novatel      EOOD , Sofia |
| 89.     |                                                                                                                                                                | Novatel      Ukraine Ltd., Kiev |
| 89.     |                                                                                                                                                                | Novatel      Ukraine Ltd., Kiev |
| 90.     |                                                                                                                                                                | ORBIT      Gesellschaft für Applikations- und Informationssysteme mbH,      Bonn |
| 91.     |                                                                                                                                                                | OTE      Academy S.A., Maroussi, Athen |
| 91.     |                                                                                                                                                                | OTE      Academy S.A., Maroussi, Athen |
| 92.     |                                                                                                                                                                | OTE      Estate S.A., Athens |
| 92.     |                                                                                                                                                                | OTE      Estate S.A., Athens |
| 93.     |                                                                                                                                                                | OTE      International Investments Limited, Limassol |
| 94.     |                                                                                                                                                                | OTE      International Solutions S.A., Maroussi, Athen |
| 94.     |                                                                                                                                                                | OTE      International Solutions S.A., Maroussi, Athen |
| 95.     |                                                                                                                                                                | OTE      Investment Services S.A., Maroussi, Athen |
| 96.     |                                                                                                                                                                | OTE      Plc., London |
| 97.     |                                                                                                                                                                | OTE      Properties S.A., Athens |
| 98.     |                                                                                                                                                                | OTEplus      Technical & Business Solutions Bulgaria EAD, Sofia |
| 99.     |                                                                                                                                                                | OTEplus      Technical & Business Solutions S.A., Athens |
| 100.    | One      2 One Personal Communications Ltd., Hatfield                                                                                                               |
| 101.    | One2One      Limited, Hatfield                                                                                                                                      |
| 102.    | Online      Breedband B.V., Amsterdam                                                                                                                               |
| 103.    | Orbitel      A.D., Sofia                                                                                                                                            |
| 104.    | P      & I Holding GmbH, Darmstadt                                                                                                                              |
| 105.    | PASM      Power and Air Condition Solution Management GmbH & Co. KG,      Munich                                                                                |
| 106.    | PTC      International Finance (Holding) B.V., Amsterdam                                                                                                            |
| 107.    | PTC,      Polska Telefonia Cyfrowa Sp.z o.o., Warsaw                                                                                                                |
| 107.    | PTC,      Polska Telefonia Cyfrowa Sp.z o.o., Warsaw                                                                                                                |
| 107.    | PTC,      Polska Telefonia Cyfrowa Sp.z o.o., Warsaw                                                                                                                |
| 108.    | Polpager      Sp.z o.o., Warsaw                                                                                                                                     |
| 109.    | Powertel      Memphis Licenses, Inc., Bellevue                                                                                                                      |
| 110.    | Powertel/Memphis,      Inc., Bellevue                                                                                                                               |
| 111.    | Pro-M      Zrt, Budapest                                                                                                                                            |
| 112.    | Qingdao      DETECON Consulting Co. Ltd., Peking                                                                                                                    |
| 113.    | SAF      Forderungsmanagement GmbH, Heidelberg                                                                                                                      |
| 114.    | SC      Rometelecom SA, Bukarest                                                                                                                                    |
| 115.    | SCS      Personalberatung GmbH, Düsseldorf                                                                                                                     |
| 116.    | Scout24      AG, Baar                                                                                                                                               |
| 117.    | Scout24      GmbH, Munich                                                                                                                                           |
| 118.    | Scout24      Holding GmbH, Munich                                                                                                                                   |
| 119.    | Scout24      International Management AG, Baar                                                                                                                      |
| 120.    | Scout24      Schweiz AG, Flamatt                                                                                                                                    |
| 120.    | Scout24      Schweiz AG, Flamatt                                                                                                                                    |
| 121.    | Scout24      Schweiz Holding AG, Wünnewil-Flamatt                                                                                                              |
| 122.    | Slovak      Telekom, a.s., Bratislava                                                                                                                               |
| 123.    | Software      Daten Service Gesellschaft m.b.H., Vienna                                                                                                             |
| 124.    | Soluciones      y Proyectos Consulting, S.L., Barcelona                                                                                                             |
| 125.    | Stonebridge      Communication A.D., Skopje                                                                                                                         |
| 126.    | SunCom      Wireless Holdings Inc., Bellevue                                                                                                                        |
| 127.    | SunCom      Wireless Investment Co., LLC, Bellevue                                                                                                                  |
| 128.    | SunCom      Wireless License Co, LLC, Bellevue                                                                                                                      |
| 129.    | SunCom      Wireless Management Co, Inc, Bellevue                                                                                                                   |
| 130.    | SunCom      Wireless Operating Co, LLC, Bellevue                                                                                                                    |
| 131.    | SunCom      Wireless Property Co, LLC, Bellevue                                                                                                                     |
| 132.    | SunCom      Wireless, Inc., Bellevue                                                                                                                                |
| 133.    | Sunlight      Romeania - Filiala Bucuresti S.R.L., Ilfov County, Volunatri      town                                                                                |
| 134.    | T-Kábel      Magyarország Kft., Budapest                                                                                                                  |
| 134.    | T-Kábel      Magyarország Kft., Budapest                                                                                                                  |
| 135.    | T-Mobile      (UK) Limited, Hatfield                                                                                                                                |
| 136.    | T-Mobile      (UK) Pension Trustee Limited, Hatfield                                                                                                                |
| 137.    | T-Mobile      Austria GmbH, Vienna                                                                                                                                  |
| 138.    | T-Mobile      Austria Holding GmbH, Vienna                                                                                                                          |
| 139.    | T-Mobile      Central LLC, Bellevue                                                                                                                                 |
| 140.    | T-Mobile      Czech Republic a.s., Prague                                                                                                                           |
| 141.    | T-Mobile      Deutschland GmbH, Bonn                                                                                                                                |
| 142.    | T-Mobile      Global Holding GmbH, Bonn                                                                                                                             |
| 143.    | T-Mobile      Global Holding Nr. 2 GmbH, Bonn                                                                                                                       |
| 144.    | T-Mobile      Global Zwischenholding GmbH, Bonn                                                                                                                     |
| 145.    | T-Mobile      Holdings Limited, Hatfield                                                                                                                            |
| 146.    | T-Mobile      HotSpot GmbH, Bonn                                                                                                                                    |
| 147.    | T-Mobile      Hrvatska d.o.o., Zagreb                                                                                                                               |
| 148.    | T-Mobile      International Austria GmbH, Vienna                                                                                                                    |
| 149.    | T-Mobile      International Limited, Hatfield                                                                                                                       |
| 150.    | T-Mobile      International UK Ltd., Hatfield                                                                                                                       |
| 151.    | T-Mobile      License LLC, Bellevue                                                                                                                                 |
| 152.    | T-Mobile      Ltd., Hatfield                                                                                                                                        |
| 153.    | T-Mobile      Macedonia A.D. Skopje, Skopje                                                                                                                         |
| 154.    | T-Mobile      Netherlands B.V., 's-Gravenhage                                                                                                                       |
| 155.    | T-Mobile      Netherlands Holding B.V., Den Haag                                                                                                                    |
| 156.    | T-Mobile      Netherlands Klantenservice B.V., Den Haag                                                                                                             |
| 157.    | T-Mobile      Netherlands Retail B.V. , Den Haag                                                                                                                    |
| 158.    | T-Mobile      Newco Nr. 4 GmbH, Bonn                                                                                                                                |
| 159.    | T-Mobile      No. 1 Limited, Hatfield                                                                                                                               |
| 160.    | T-Mobile      No. 2 Limited, Hatfield                                                                                                                               |
| 161.    | T-Mobile      No. 4 Limited, Hatfield                                                                                                                               |
| 162.    | T-Mobile      No. 5 Limited, Hatfield                                                                                                                               |
| 163.    | T-Mobile      Northeast LLC, Bellevue                                                                                                                               |
| 164.    | T-Mobile      PCS Holdings, LLC, Bellevue                                                                                                                           |
| 165.    | T-Mobile      Poland Holding Nr. 1 B.V., Eindhoven                                                                                                                  |
| 166.    | T-Mobile      Puerto Rico Holdings LLC, Bellevue                                                                                                                    |
| 167.    | T-Mobile      Puerto Rico LLC , Bellevue                                                                                                                            |
| 168.    | T-Mobile      Resources Corporation, Bellevue                                                                                                                       |
| 169.    | T-Mobile      Retail Limited, Hatfield                                                                                                                              |
| 170.    | T-Mobile      Slovensko, a.s., Bratislava                                                                                                                           |
| 171.    | T-Mobile      South LLC, Bellevue                                                                                                                                   |
| 172.    | T-Mobile      Subsidiary IV Corporation, Bellevue                                                                                                                   |
| 173.    | T-Mobile      Subsidiary V Corporation, Bellevue                                                                                                                    |
| 174.    | T-Mobile      USA, Inc., Bellevue                                                                                                                                   |
| 175.    | T-Mobile      United Kingdom Ltd., Hatfield                                                                                                                         |
| 176.    | T-Mobile      West Corporation, Bellevue                                                                                                                            |
| 177.    | T-Mobile      Worldwide Holding GmbH, Bonn                                                                                                                          |
| 178.    | T-Online      Service GmbH, Darmstadt                                                                                                                               |
| 179.    | T-Online      Travel GmbH, Darmstadt                                                                                                                                |
| 180.    | T-Online      Venture Fund GmbH & Co. KG, Bonn                                                                                                                  |
| 180.    | T-Online      Venture Fund GmbH & Co. KG, Bonn                                                                                                                  |
| 181.    | T-Systems      Austria GesmbH, Vienna                                                                                                                               |
| 182.    | T-Systems      Belgium NV, Groot-Bijgaarden                                                                                                                         |
| 182.    | T-Systems      Belgium NV, Groot-Bijgaarden                                                                                                                         |
| 183.    | T-Systems      CIS, Moscow                                                                                                                                          |
| 184.    | T-Systems      Canada, Inc., Toronto                                                                                                                                |
| 185.    | T-Systems      Czech Republic a.s., Prague                                                                                                                          |
| 186.    | T-Systems      DDM GmbH, Weingarten                                                                                                                                 |
| 187.    | T-Systems      Eltec, S.L., Barcelona                                                                                                                               |
| 188.    | T-Systems      Field Services, S.A., Madrid                                                                                                                         |
| 189.    | T-Systems      France SAS, Courbevoie                                                                                                                               |
| 190.    | T-Systems      GEI GmbH, Aachen                                                                                                                                     |
| 191.    | T-Systems      Hosting Services GmbH, Bonn                                                                                                                          |
| 192.    | T-Systems      ITC Iberia, S.A., Barcelona                                                                                                                          |
| 193.    | T-Systems      Individual Desktop Solutions GmbH, Frankfurt am Main                                                                                                 |
| 194.    | T-Systems      International GmbH, Frankfurt am Main                                                                                                                |
| 195.    | T-Systems      Italia S.p.A., Vicenza                                                                                                                               |
| 196.    | T-Systems      Japan K.K., Tokyo                                                                                                                                    |
| 197.    | T-Systems      Limited, London                                                                                                                                      |
| 198.    | T-Systems      Malaysia Sdn. Bhd., Kuala Lumpur                                                                                                                     |
| 199.    | T-Systems      Mexico, S.A. de C.V., Puebla                                                                                                                         |
| 200.    | T-Systems      Multimedia Solutions GmbH, Dresden                                                                                                                   |
| 201.    | T-Systems      Nederland B.V., Vianen (Utrecht)                                                                                                                     |
| 202.    | T-Systems      Nordic TC Services A/S, Farum                                                                                                                        |
| 203.    | T-Systems      North America, Inc., Wilmington, DW                                                                                                                  |
| 204.    | T-Systems      Polska Sp. z o.o., Breslau                                                                                                                           |
| 205.    | T-Systems      Regional Services and Solutions GmbH, Frankfurt am Main                                                                                              |
| 206.    | T-Systems      SFPH GmbH, Düsseldorf                                                                                                                           |
| 207.    | T-Systems      Schweiz AG, Münchenbuchsee                                                                                                                      |
| 208.    | T-Systems      Singapore Pte. Ltd., Singapore                                                                                                                       |
| 209.    | T-Systems      Slovakia s.r.o., Kosice                                                                                                                              |
| 209.    | T-Systems      Slovakia s.r.o., Kosice                                                                                                                              |
| 210.    | T-Systems      Solutions (Proprietary) Limited, Midrand                                                                                                             |
| 211.    | T-Systems      Solutions for Research GmbH, Weßling                                                                                                            |
| 212.    | T-Systems      South Africa (Proprietary) Limited, Midrand                                                                                                          |
| 213.    | T-Systems      South Africa Holdings (Proprietary) Limited, Midrand                                                                                                 |
| 214.    | T-Systems      Spring Italia S.r.l., Fiumicino                                                                                                                      |
| 215.    | T-Systems      Telecomunicacoes e Servicos Ltda., Sao Paulo                                                                                                         |
| 215.    | T-Systems      Telecomunicacoes e Servicos Ltda., Sao Paulo                                                                                                         |
| 216.    | T-Systems      do Brasil Ltda., Sao Paulo                                                                                                                           |
| 216.    | T-Systems      do Brasil Ltda., Sao Paulo                                                                                                                           |
| 217.    | T-Systems      on site services GmbH, Berlin                                                                                                                        |
| 218.    | T-Venture      Holding GmbH, Bonn                                                                                                                                   |
| 219.    | Tele-Data      Távközlési Adatfeldolgozó és Hirdetésszervezö Kft.,  Budaõrs                                                 |
| 220.    | Telekom      Content and Rights Média és Technológia Ügynökség Kft.,      Budapest                                                    |
| 221.    | Telekom      Média Holding Zártkörqen MqködQ Részvénytársaság,  Budapest                                                    |
| 222.    | Telekom      New Media Szolgáltató Kft., Budapest                                                                                                         |
| 223.    | Telekom      Sec, s.r.o., Bratislava                                                                                                                                |
| 224.    | Telekom      Shop Vertriebsgesellschaft mbH, Bonn                                                                                                                   |
| 225.    | Telemacedónia      A.D., Skopje                                                                                                                                |
| 226.    | Triton      PCS Finance Co, Inc., Bellevue                                                                                                                          |
| 227.    | Triton      PCS Holdings Company, LLC, Bellevue                                                                                                                     |
| 228.    | Tulip      B.V., Den Haag                                                                                                                                           |
| 229.    | VIOLA      Kabelgesellschaft (Deutschland) mbH, Bonn                                                                                                                |
| 229.    | VIOLA      Kabelgesellschaft (Deutschland) mbH, Bonn                                                                                                                |
| 230.    | Vidanet      ZRt., Budapest                                                                                                                                         |
| 230.    | Vidanet      ZRt., Budapest                                                                                                                                         |
| 231.    | Vivento      Customer Services GmbH, Bonn                                                                                                                           |
| 232.    | Vivento      Technical Services GmbH, Bonn                                                                                                                          |
| 233.    | VoiceStream      PCS I Iowa Corporation, Bellevue                                                                                                                   |
| 234.    | VoiceStream      Pittsburgh General Partner, Inc., Bellevue                                                                                                         |
| 235.    | VoiceStream      Pittsburgh, L.P, Bellevue                                                                                                                          |
| 235.    | VoiceStream      Pittsburgh, L.P, Bellevue                                                                                                                          |
| 236.    | Telemobil      S.A., Bukarest                                                                                                                                       |
| 237.    | Zoznam      Mobile, s.r.o., Bratislava                                                                                                                              |
| 238.    | Zoznam,      s.r.o., Bratislava                                                                                                                                     |
| 239.    | Zweite      DFMG Deutsche Funkturm Vermögens - GmbH & Co. KG,      Heusenstamm                                                                             |
| 240.    | [origo      ] Média és Kommunikációs Zrt, Budapest                                                                                              |
| 241.    | congstar      GmbH, Cologne                                                                                                                                         |
| 242.    | d-Core      NETWORK IBERIA, S.L., Tarragona                                                                                                                         |
| 243.    | operational      services GmbH & Co. KG, Frankfurt am Main                                                                                                      |
| 244.    | NextGen      Communications SRL, Buharest                                                                                                                           |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 2.      Not included affiliated companies according to HGB |
| 1.      |                                                                                                                                                                | 3.T-Venture      Beteiligungsgesellschaft mbH (3. TVB), Bonn |
| 2.      |                                                                                                                                                                | ActiveBilling      Beteiligungs-GmbH, Bonn |
| 3.      |                                                                                                                                                                | Aesop      Telekommunikationsdienste GmbH, Bonn |
| 4.      |                                                                                                                                                                | Atrada      Trading Network Limited, Manchester |
| 5.      |                                                                                                                                                                | AutoScout24      Scandinavia A.B., Stockholm |
| 6.      |                                                                                                                                                                | AutoScout24      d.o.o., Zagreb |
| 7.      |                                                                                                                                                                | COSMO-ONE      HELLAS MARKET SITE SOCIETE ANONYME OF ELECTRONIC COMMERCE SERVICES ,      Athens |
| 7.      |                                                                                                                                                                | COSMO-ONE      HELLAS MARKET SITE SOCIETE ANONYME OF ELECTRONIC COMMERCE SERVICES ,      Athens |
| 8.      |                                                                                                                                                                | Cato      Telekommunikationsdienste GmbH, Bonn |
| 9.      |                                                                                                                                                                | Cicero      Telekommunikationsdienste GmbH, Bonn |
| 10.     |                                                                                                                                                                | Compendo      GmbH, Nuremberg |
| 11.     |                                                                                                                                                                | Dataware      Szolgáltató Kft., Budapest |
| 12.     |                                                                                                                                                                | DeTeAsia      Holding GmbH, Bonn |
| 13.     |                                                                                                                                                                | Detecon      Consulting Austria GmbH, Vienna |
| 14.     |                                                                                                                                                                | Detecon      Consulting España S.A., Madrid |
| 14.     |                                                                                                                                                                | Detecon      Consulting España S.A., Madrid |
| 15.     |                                                                                                                                                                | Detecon      Vezetési Tanácsadó Kft., Budapest |
| 16.     |                                                                                                                                                                | Deutsche      TELEKOM Asia Pte Ltd, Singapore |
| 17.     |                                                                                                                                                                | Deutsche      TELEKOM Ltd., London |
| 18.     |                                                                                                                                                                | Deutsche      Telekom España, S.L. i.L., Madrid |
| 19.     |                                                                                                                                                                | Deutsche      Telekom Holding B.V., Amsterdam |
| 20.     |                                                                                                                                                                | Deutsche      Telekom K.K., Tokyo |
| 21.     |                                                                                                                                                                | Deutsche      Telekom North America Inc., Wilmington, DW |
| 22.     |                                                                                                                                                                | Deutsche      Telekom, Inc., New York, NY |
| 23.     |                                                                                                                                                                | Eutelis      Consult GmbH, Ratingen |
| 24.     |                                                                                                                                                                | Fal      Dete Telecommunications S.A.L., Furn El Chebbak |
| 25.     |                                                                                                                                                                | GEMAPPS      Gesellschaft für mobile Lösungen mbH , Hamburg |
| 26.     |                                                                                                                                                                | Global      TIMES Ventures Administration GmbH (GTV), Bonn |
| 27.     |                                                                                                                                                                | Global      TIMES Ventures GmbH&Co. KG, Bonn |
| 28.     |                                                                                                                                                                | HATWAVE      Hellenic-American Telecommunications Wave Ltd., Donetsk |
| 29.     |                                                                                                                                                                | Hellascom      International  A.E., Athens |
| 30.     |                                                                                                                                                                | Horaz      Telekommunikationsdienste GmbH, Bonn |
| 31.     |                                                                                                                                                                | ImmoCom      Verwaltungs GmbH, Heusenstamm |
| 32.     |                                                                                                                                                                | Immobilien      Scout Deutschland GmbH, Berlin |
| 33.     |                                                                                                                                                                | Kappa      Telekommunikationsdienste GmbH, Bonn |
| 34.     |                                                                                                                                                                | Lambda      Telekommunikationsdienste GmbH, Bonn |
| 35.     |                                                                                                                                                                | MAGYARCOM      SZOLGÁLTATÓ KOMMUNIKÁCIÓS Kft., Budapest |
| 36.     |                                                                                                                                                                | Norma      Telekommunikationsdienste GmbH, Bonn |
| 37.     |                                                                                                                                                                | OTE      Insurance Agency S.A., Athens |
| 37.     |                                                                                                                                                                | OTE      Insurance Agency S.A., Athens |
| 38.     |                                                                                                                                                                | Omega      Telekommunikationsdienste GmbH, Bonn |
| 39.     |                                                                                                                                                                | Omikron      Telekommunikationsdienste GmbH, Bonn |
| 40.     |                                                                                                                                                                | PASM      Power and Air Condition Solution Management Beteiligungs GmbH,      Bonn |
| 41.     |                                                                                                                                                                | Residenzpost      GmbH & Co. Liegenschafts KG, Heusenstamm |
| 42.     |                                                                                                                                                                | SCOUT      Business Services GmbH, Munich |
| 43.     |                                                                                                                                                                | Sallust      Telekommunikationsdienste GmbH, Bonn |
| 44.     |                                                                                                                                                                | Satellic      Traffic Management GmbH, Berlin |
| 45.     |                                                                                                                                                                | Satellite      and Maritime Telecommunications S.A., Athens |
| 45.     |                                                                                                                                                                | Satellite      and Maritime Telecommunications S.A., Athens |
| 46.     |                                                                                                                                                                | Scout24      S.L., Madrid |
| 47.     |                                                                                                                                                                | Scout24      Verwaltungs- und Beteiligungsgesellschaft mbH, Munich |
| 48.     |                                                                                                                                                                | Sigma      Telekommunikationsdienste GmbH, Bonn |
| 49.     |                                                                                                                                                                | T      SYSTEMS TELEKOMÜNIKASYON LIMITED SIRKETI, Istanbul |
| 49.     |                                                                                                                                                                | T      SYSTEMS TELEKOMÜNIKASYON LIMITED SIRKETI, Istanbul |
| 50.     |                                                                                                                                                                | T-Com      Venture Fund GmbH & Co. KG, Bonn |
| 50.     |                                                                                                                                                                | T-Com      Venture Fund GmbH & Co. KG, Bonn |
| 51.     |                                                                                                                                                                | T-Corporate      Venture Fund GmbH & Co. KG, Bonn |
| 51.     |                                                                                                                                                                | T-Corporate      Venture Fund GmbH & Co. KG, Bonn |
| 52.     |                                                                                                                                                                | T-Mobile      Global Holding Nr. 3 GmbH, Bonn |
| 53.     |                                                                                                                                                                | T-Mobile      Global Holding Nr. 4 GmbH, Bonn |
| 54.     |                                                                                                                                                                | T-Mobile      Global Holding Nr. 5 GmbH, Bonn |
| 55.     |                                                                                                                                                                | T-Mobile      Newco Nr. 3 GmbH, Bonn |
| 56.     |                                                                                                                                                                | T-Mobile      Service GmbH, Vienna |
| 57.     |                                                                                                                                                                | T-Mobile      Venture Fund GmbH & Co. KG, Bonn |
| 57.     |                                                                                                                                                                | T-Mobile      Venture Fund GmbH & Co. KG, Bonn |
| 58.     |                                                                                                                                                                | T-Mobile      Venture Fund II GmbH & Co. KG, Bonn |
| 58.     |                                                                                                                                                                | T-Mobile      Venture Fund II GmbH & Co. KG, Bonn |
| 59.     |                                                                                                                                                                | T-Mobile      Zahlungsdienste GmbH, Vienna |
| 60.     |                                                                                                                                                                | T-Online      Beteiligungs GmbH, Darmstadt |
| 61.     |                                                                                                                                                                | T-Online      Verwaltungs GmbH, Darmstadt |
| 62.     |                                                                                                                                                                | T-Systems      Argentina S.A., Buenos Aires |
| 62.     |                                                                                                                                                                | T-Systems      Argentina S.A., Buenos Aires |
| 63.     |                                                                                                                                                                | T-Systems      Beteiligungsverwaltungsgesellschaft mbH, Frankfurt am  Main |
| 64.     |                                                                                                                                                                | T-Systems      China Limited, Hongkong |
| 65.     |                                                                                                                                                                | T-Systems      IT Epsilon GmbH, Bonn |
| 66.     |                                                                                                                                                                | T-Systems      IT Eta GmbH, Bonn |
| 67.     |                                                                                                                                                                | T-Systems      IT Gamma GmbH, Bonn |
| 68.     |                                                                                                                                                                | T-Systems      IT Theta GmbH, Bonn |
| 69.     |                                                                                                                                                                | T-Systems      IT Zeta GmbH, Bonn |
| 70.     |                                                                                                                                                                | T-Systems      ITS Austria GmbH, Vienna |
| 71.     |                                                                                                                                                                | T-Systems      Information and Communication Technology E.P.E., Athens |
| 71.     |                                                                                                                                                                | T-Systems      Information and Communication Technology E.P.E., Athens |
| 72.     |                                                                                                                                                                | T-Systems      Information and Communication Technology India Private Limited,      Pune |
| 72.     |                                                                                                                                                                | T-Systems      Information and Communication Technology India Private Limited,      Pune |
| 73.     |                                                                                                                                                                | T-Systems      Luxembourg S.A., Luxembourg |
| 73.     |                                                                                                                                                                | T-Systems      Luxembourg S.A., Luxembourg |
| 74.     |                                                                                                                                                                | T-Systems      P.R. China Ltd., Peking |
| 75.     |                                                                                                                                                                | T-Systems      TMT Limited, Milton Keynes |
| 76.     |                                                                                                                                                                | T-Systems      Venture Fund GmbH & Co. KG, Bonn |
| 76.     |                                                                                                                                                                | T-Systems      Venture Fund GmbH & Co. KG, Bonn |
| 77.     |                                                                                                                                                                | T-Systems      d.o.o., Belgrad |
| 78.     |                                                                                                                                                                | T-Systems      d.o.o., Sarajevo |
| 79.     |                                                                                                                                                                | T-Systems,      informacijski sistemi, d.o.o., Ljubljana |
| 80.     |                                                                                                                                                                | T-Venture      Telekom Funds Beteiligungs-GmbH, Bonn |
| 81.     |                                                                                                                                                                | T-Venture      of America, Inc., Foster City |
| 82.     |                                                                                                                                                                | TAMBURO      Telekommunikationsdienste GmbH, Heusenstamm |
| 83.     |                                                                                                                                                                | TOB      T-Systems Ukraine, Kiev |
| 83.     |                                                                                                                                                                | TOB      T-Systems Ukraine, Kiev |
| 84.     |                                                                                                                                                                | Theta      Telekommunikationsdienste GmbH, Bonn |
| 85.     |                                                                                                                                                                | Tibull      Telekommunikationsdienste GmbH, Bonn |
| 86.     |                                                                                                                                                                | Transparent      Goods GmbH, Cologne |
| 87.     |                                                                                                                                                                | Traviata      Telekommunikationsdienste GmbH, Bonn |
| 88.     |                                                                                                                                                                | VOICENET      Limited Company Telecommunications Services & Infrastructures SA,      Athens |
| 89.     |                                                                                                                                                                | XL      AG, Munich |
| 90.     |                                                                                                                                                                | ZODIAC      Telekommunikationsdienste GmbH, Bonn |
| 91.     |                                                                                                                                                                | operational      services Beteiligungs-GmbH, Frankfurt am Main |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 3.a      Included associated companies ('at equity' balanced) - Joint      venture |
| 1.      |                                                                                                                                                                | Hrvatske      telekomunikacije d.o.o. Mostar, Mostar |
| 2.      |                                                                                                                                                                | Mobile      Broadband Network Limited, Borehamwood |
| 3.      |                                                                                                                                                                | Mobile      TV Sp. z. o. o. , Warsaw |
| 4.      |                                                                                                                                                                | Toll      Collect GbR, Berlin |
| 5.      |                                                                                                                                                                | Toll      Collect GmbH, Berlin |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 3.b      Included associated companies ('at equity' balanced) - Associated      companies |
| 1.      |                                                                                                                                                                | Axentra      Corporation, Ottawa |
| 2.      |                                                                                                                                                                | Budakalász      KTV Kft., Budakalàsz |
| 3.      |                                                                                                                                                                | CTDI      GmbH, Malsch (Kreis Karlsruhe) |
| 4.      |                                                                                                                                                                | CoreMedia      AG, Hamburg |
| 5.      |                                                                                                                                                                | Cyworld      Europe GmbH i.L., Frankfurt am Main |
| 6.      |                                                                                                                                                                | DETECON      AL SAUDIA Co. Ltd., Riyadh |
| 7.      |                                                                                                                                                                | Hrvatska      posta d.o.o. , Mostar |
| 8.      |                                                                                                                                                                | Hunsat      Magyar Urtávközlés ZRt., Budapest |
| 9.      |                                                                                                                                                                | Iowa      Wireless Services LLC, Bellevue |
| 10.     |                                                                                                                                                                | NETREKÉSZ      Nonprofit Közhasznú Kft i.L., Budapest |
| 11.     |                                                                                                                                                                | SEARCHTEQ      GmbH, Frankfurt am Main |
| 12.     |                                                                                                                                                                | solute      holding GmbH & Co. KG, Hannover |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 4.a      Other investments - not included joint venture |
| 1.      |                                                                                                                                                                | DT-FT      Italian Holding GmbH i.L., Bonn |
| 2.      |                                                                                                                                                                | Electrocycling      Anlagen GmbH, Goslar |
| 3.      |                                                                                                                                                                | European      Center for Information and Communications Technologies - EICT GmbH,      Berlin |
| 4.      |                                                                                                                                                                | Vivento      Interim Services GmbH, Frankfurt am Main |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 4.b      Other investments - not included associated companies |
| 1.      |                                                                                                                                                                | Atypisch      stille Beteiligung am Deutschen Adreßbuchverlag für Wirtschaft und Verkehr      GmbH, Hamburg |
| 2.      |                                                                                                                                                                | Callahan      Nordrhein-Westfalen GmbH, Cologne |
| 3.      |                                                                                                                                                                | Central      Georgian Communications Co. Ltd., Roustavi |
| 4.      |                                                                                                                                                                | Cittadino      GmbH, Düsseldorf |
| 5.      |                                                                                                                                                                | Cosmo-Megala      Katastimata Societe Anonyme, Glyfada |
| 6.      |                                                                                                                                                                | Das      Telefonbuch Servicegesellschaft mbH, Frankfurt am Main |
| 7.      |                                                                                                                                                                | Das      Örtliche Service- und Marketinggesellschaft mbH, Essen |
| 8.      |                                                                                                                                                                | Deutscher      Adreßbuchverlag für Wirtschaft und Verkehr GmbH (DAV),    Hamburg |
| 9.      |                                                                                                                                                                | Donbass      Telecom Ltd., Donetsk |
| 10.     |                                                                                                                                                                | EDEKT-OTE      Asset management S.A., Athens |
| 11.     |                                                                                                                                                                | Electrocycling      GmbH, Goslar |
| 12.     |                                                                                                                                                                | Firstgate      Holding AG, Zug |
| 12.     |                                                                                                                                                                | Firstgate      Holding AG, Zug |
| 13.     |                                                                                                                                                                | Gelbe      Seiten Marketing Gesellschaft mbH, Hamburg |
| 14.     |                                                                                                                                                                | HWW-Höchstleistungsrechner      für Wissenschaft und Wirtschaft Betriebsgesellschaft mbH,      Stuttgart |
| 14.     |                                                                                                                                                                | HWW-Höchstleistungsrechner      für Wissenschaft und Wirtschaft Betriebsgesellschaft mbH,      Stuttgart |
| 15.     |                                                                                                                                                                | HiProCall,      Inc., Wilmington, DE |
| 16.     |                                                                                                                                                                | Internet      Service Provider, E-Commerce, Telecommunication Kai Site Management,      Maroussi, Athen |
| 17.     |                                                                                                                                                                | LOCANIS      AG, Unterföhring |
| 18.     |                                                                                                                                                                | Logalty      Servicios de Tercero de Confianza, S.L. , Madrid |
| 19.     |                                                                                                                                                                | MGRID      B.V., Amsterdam |
| 20.     |                                                                                                                                                                | MindMatics      AG, Munich |
| 21.     |                                                                                                                                                                | Portavita      B.V., Amsterdam |
| 22.     |                                                                                                                                                                | PrimaCom      Osnabrück Beteiligungs-GmbH, Osnabrück |
| 23.     |                                                                                                                                                                | Scortel-FMS      Ltd., Sofia |
| 24.     |                                                                                                                                                                | Sones      GmbH, Erfurt |
| 25.     |                                                                                                                                                                | South      Eastern Europe Telecommunications & Informatics Research      Institute  S.A., Thessaloniki |
| 25.     |                                                                                                                                                                | South      Eastern Europe Telecommunications & Informatics Research      Institute  S.A., Thessaloniki |
| 26.     |                                                                                                                                                                | T-Systems      Telecomunicaciones de Mexico, S.A. de C.V., Puebla |
| 27.     |                                                                                                                                                                | TVG      Telefon- und Verzeichnisverlag GmbH & Co. KG i.G.,      Frankfurt/Main |
| 28.     |                                                                                                                                                                | Tele-Auskunft      Online GmbH, Frankfurt am Main |
| 29.     |                                                                                                                                                                | TeleOp      Gesellschaft mit beschränkter Haftung, Oberpfaffenhofen |
| 30.     |                                                                                                                                                                | Telekom      SRBIJA a.d. Belgrade, Belgrad |
| 31.     |                                                                                                                                                                | Telesens      KSCL AG i.L., Cologne |
| 32.     |                                                                                                                                                                | Trans      Jordan For Communication Services Company Ltd., Amman |
| 32.     |                                                                                                                                                                | Trans      Jordan For Communication Services Company Ltd., Amman |
| 33.     |                                                                                                                                                                | Ukrainian      Wave Ltd., Lviv |
| 34.     |                                                                                                                                                                | Yemen  Public      Payphone Company Ltd., Sana'a |
| 34.     |                                                                                                                                                                | Yemen  Public      Payphone Company Ltd., Sana'a |
| 35.     |                                                                                                                                                                | e-fellows.net      GmbH & Co. KG, Munich |
| 36.     |                                                                                                                                                                | e-fellows.net      Verwaltungs-GmbH, Munich |
| 37.     |                                                                                                                                                                | iesy      Holdings GmbH, Oberursel (Taunus) |
| 38.     |                                                                                                                                                                | jCOM      1 AG, Rohrbach |
| 39.     |                                                                                                                                                                | mediapeers      GmbH, Berlin |
| 40.     |                                                                                                                                                                | myON-ID      Media GmbH, Munich |
| 41.     |                                                                                                                                                                | swoodoo      AG, Munich |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                | 4.c      Other investments - the rest investments (> 5% investments, large      capital companies) |
| 1.      |                                                                                                                                                                | Wireless      Alliance, LLC, Bellevue |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                |   |
| 1)      |                                                                                                                                                                | The      company exercises the disclosure simplification option according to § 264      (3) HGB |
|    |                                                                                                                                                                |     and      there is a loss transfer agreement according to § 302 AktG (Stock      Corporation Act). |
| 2)      |                                                                                                                                                                | The      company exercises the disclosure simplification option according to § 264      b HGB. |
| 3)      |                                                                                                                                                                | The      company is included as held for sale in the consolidated financial      statements. |
|    |                                                                                                                                                                |   |
|    |                                                                                                                                                                |   |

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