ADR program

On June 18, 2010 Deutsche Telekom AG effectively delisted from the New York Stock Exchange (NYSE). Since June 21, 2010 Deutsche Telekom AG is trading its American Depositary Shares (ADSs) on the OTC market’s highest tier, OTCQX International Premier (ticker symbol: "DTEGY").

OTCQX is a financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market. For further information on OTCQX, please check www.otcqx.com.

The ratio between the American Depositary Receipts (ADRs) and the underlying ordinary shares is 1:1, i.e. one Deutsche Telekom AG ADR represents one Deutsche Telekom AG ordinary share.

Deutsche Telekom maintains an American Depositary Receipt program on a Level I basis, which allows investors to hold their securities in the form of ADSs.

As an ADR holder on the record date, you will have the right to vote the equivalent number of underlying shares as represented by your ADR holdings. ADR holders receive the dividend payment in U.S. dollars. Investors can find current financial disclosure and Real-Time Level II quotes for the company on www.otcqx.com.

Deutsche Bank acts as Depositary for Deutsche Telekom’s ADR program and serves as Deutsche Telekom’s Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

For further information see the related documents in the link box.

ADR Holder Services
Deutsche Telekom is listed on OTCQX. The ADR ticker symbol is "DTEGY". If you are a holder of our ADRs and require any assistance regarding ADR-related matters, such as certificate transfers, dividends, or proxy/AGM materials, please contact our depositary bank:

Within the United States and Canada: +1-866-282-3744

Outside the United States and Canada: +1-718-921-8137

For Hearing Impaired: +1-718-921-8386

Regular Mail
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050

Registered or Overnight Mail
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Operations Center
6201 15th Avenue
Brooklyn, NY 11219
e-mail: DB@amstock.com

Deutsche Telekom has implemented an "International Direct Investment Program" for its American Depositary Shares (ADSs). The program is sponsored and administrated by Deutsche Telekom's Depositary Bank, Deutsche Bank, through their U.S. based partner, American Stock Transfer & Trust Company. To obtain a brochure describing the plan and the enrollment form, interested investors should call:

TOLL-FREE +1-866-282-3744 (Toll-free numbers valid in the U.S. and Canada only)

Investor Relations office
As part of Deutsche Telekom's ongoing efforts to improve communications with the North American financial community, we maintain an Investor Relations office in New York.

If you have any questions regarding Deutsche Telekom, please contact:
Deutsche Telekom, Inc.
14 Wall Street, Suite 6B
New York, NY 10005
U.S.A.

Phone: +1-212-424-2959
Phone: +1-877-DT-SHARE (TOLL-FREE)
Fax: +1-212-424-2977
e-mail: investor.relations@telekom.com