All Rights Reserved © Alcatel-Lucent 2007 Alcatel-Lucent Corporate Overview

2 | Alcatel-Lucent Overview | © 2007 Who are we?

3 | Alcatel-Lucent Overview | © 2007 The most comprehensive portfolio of market-driven integrated end-to-end solutions Unparalleled strategic partnerships Industry-leading research and innovation technologies Strong relationships with every major service provider and enterprises around the world People with the energy and expertise to find innovative answers to your challenges Because the World Is Always On… Alcatel-Lucent, the company that will drive the global communications transformation in the 21st century. Created on November 30, 2006

4 | Alcatel-Lucent Overview | © 2007 Chief Executive Officer: Pat Russo Executive offices in Paris Worldwide presence: 130 countries Annual Revenues: €18.3 billion (CY06 pro forma) Employees: 80,000 R&D: €2.7 billion (CY06 pro forma); active patents held: 25,000; Nobel Prizes won: 6 Alcatel-Lucent at a Glance Pat Russo, Chief Executive Officer Market rankings: No. 1 in Wireline No. 3 in Wireless No. 2 in Services No. 1 in Europe for Enterprise communications solutions

5 | Alcatel-Lucent Overview | © 2007 Our Vision — Our Mission Our Vision To enrich people's lives by transforming the way the world communicates Our Mission To use our unique capabilities to ensure that our customers thrive, our business grows and we enrich the personal communications experience for people around the world

6 | Alcatel-Lucent Overview | © 2007 Our Values Our values guide our day-to-day activities The values of Alcatel-Lucent are commitments we make to ourselves and to our customers, investors and communities. Customers FirstInnovationTeamworkRespectAccountability

7 | Alcatel-Lucent Overview | © 2007 Alcatel-Lucent Brand Identity An infinity symbol with the letters "A" and "L" embedded in it, representing the endless possibilities for the future and our commitment to being a strong, stable and enduring ally for our customers around the world A striking vibrant purple color, symbolizing power and ambition, and associated with wisdom, dignity, independence and creativity These are the characteristics of our company Our new brand identity shows that we are proud of who we are, of where we come from and of what we have created together

8 | Alcatel-Lucent Overview | © 2007 How our customers deliver it our customers deliver What User-Centric Experience Broadband for All Business Critical Communications Competitive Transformation Service Transformation Network Transformation Business Transformation We help customers deliver personalized blended services that are available on any device, at work, at home or on the go. We help customers in high- growth economies to increase voice & data penetration and enable mass-market broadband, profitably. We help enterprises meet their business critical needs with industry-specific, end- to-end, integrated communications. Unmatched agility thanks to our carrier-grade service delivery environment, which binds applications to shared network and management resources User-centric communications and a differentiated quality of experience thanks to a service-aware, converged network. Shortened time-to-market, and a reduction of the complexities inherent in large-scale transformation projects. Helping Transform the Way the World Communicates

9 | Alcatel-Lucent Overview | © 2007 Leading R&D capabilities In 2006, €2.7 billion investment**, 25,000 active patents held ** CY06 pro forma Our Market Strengths We have in-depth experience with our global customers’ networks and business challenges. No. 1 Wireline, No. 3 Wireless, in the top 3 in Applications & Services First true global communications solutions provider A leader in IPTV, Carrier and Enterprise IP, NGN/ IMS, 3G Spread Spectrum (CDMA & UMTS) Diversified portfolio of complementary products ~ 1/3 Europe; ~ 1/3 NAR; ~ 1/3 Rest of World* in 2006 Diverse customer base Critical capabilities in next-gen network transformation, multivendor services Extensive end-to-end services & support capabilities * incl. APAC, Middle East & Africa, Caribbean & Latin America

10 | Alcatel-Lucent Overview | © 2007 One of the largest global R&D capabilities in communications, leveraging the strengths of Bell Labs and Research & Innovation Innovation centers around the world, including the USA, Canada, France, Germany, Belgium, UK, Italy, Spain, Ireland, Russia, Poland, Romania, China and India A heritage of life-changing innovations: DSL, PON, WiMAX, as well as WDM, computer networking, transistor, digital signal processing, charge coupled device (CCD), communications satellite, laser and cellular telephony Leadership in Innovation We are an innovation powerhouse

11 | Alcatel-Lucent Overview | © 2007 Worldwide Innovation Teams 25,000 active patents worldwide Active in 130 standards bodies UK Ireland France Germany Netherlands Belgium Italy Spain Israel Russia Romania Poland Slovakia Canada USA China India Product & Solution Development Centers Research Centers Australia €2.7 billion R&D Investment (CY06) 14% of Alcatel-Lucent revenues

12 | Alcatel-Lucent Overview | © 2007 North America  Plano, TX  Lisle/Naperville, IL  Whippany, NJ Europe  Antwerp, Belgium  Hilversum, Netherlands APAC  Singapore Combined solution integration and project management expertise Global Network of IP Transformation and Operations Centers (IPTCs and GNOCs)

13 | Alcatel-Lucent Overview | © 2007 Alcatel-Lucent: Structure & Organization

14 | Alcatel-Lucent Overview | © 2007 HR / Comm. C.Pedini CFO J-P.Beaufret Communication C.Guillaumin Technology & Strategy M.Quigley Bell Labs J.Kim CTO O.Baujard IS/IT E. Hackenson CMO J. Giere Supply Chain & Procurement M. Lehnich Integration C.Reinaudo Carrier Markets E.Fouques Enterprise H. de Pesquidoux Services J. Meyer Wireless M. Chan Wireline M. Rahier Convergence M. Rouanne CEO P.Russo CAO F.D’Amelio Europe & South O. Picard North America C.Christy Asia-Pacific F.Rose Senior Leadership Team Legal S. Reynolds Compliance J.Davidson Strategy H.Kristoffersen Europe & North C.Reinaudo

15 | Alcatel-Lucent Overview | © Business Groups with primary responsibility for profit and loss Carrier Market Wireless Business Group Wireline Business Group Convergence Business Group Enterprise Business Group Services Business Group Business groups support centers in each of the four regions provide pre- and post-sales technical support and program management. Overview of Our Structure We serve carriers and enterprises with a strong focus on end-to-end solutions that maximize value for customers around the world 4 Geographic Regions with primary responsibility for operations affecting customers North America Europe and South Europe and North Asia-Pacific Corporate Center Functions to support the entire company. A worldwide integrated supply chain and procurement organization, finance, research & innovation, information technology, marketing, human resources, communications, legal, real estate, compliance…

16 | Alcatel-Lucent Overview | © 2007 Alcatel-Lucent Regions North America Europe & South Europe & North APAC

17 | Alcatel-Lucent Overview | © 2007 A Closer Look at Our Financials (2006 pro forma) Revenue by regionRevenue by business group Western Europe ~26% North America ~36% Asia ~15% ROW ~23% Services ~16% Wireline ~31% Convergence ~12% ~32% Wireless ~9% Enterprise Carriers ~75%

18 | Alcatel-Lucent Overview | © 2007 Europe & South Region

19 | Alcatel-Lucent Overview | © 2007 RU: South East Europe

20 | Alcatel-Lucent Overview | © 2007 Our Activities

21 | Alcatel-Lucent Overview | © 2007 Wireless Business Group The Most Comprehensive Portfolio in the Industry CDMA GSM Wireless Transmission RFS WIMAX W-CDMA CDMA Undisputed #1 leader Driving 3G evolution towards EV-DO, VoIP GSM Strong GSM/EDGE position 173 customers 93 countries Wireless Transmission Leadership in long-haul #1 Leadership in ANSI market Radio Frequency Systems Leader in Wireless infrastructure Worldwide presence WIMAX Leadership in (16e) W-CDMA Strong recognition in Tier-1 operators Western Europe, NA, South-Korea

22 | Alcatel-Lucent Overview | © 2007 Wireline Business Group Industry Leader #1 in Broadband Access #2 in IP/MPLS Edge Routing & Carrier Ethernet #1 in Terrestrial & Submarine Optics #1 in Multi-service WAN

23 | Alcatel-Lucent Overview | © 2007 Software + Hardware + Integration Services IP/NGN Network Evolution Payment Charging IMS Services Communication Subs Data Management User Management IPTV & MultiPlay Entertainment #1 in Triple Play 115+ Deployments #1 in Real Time Payment 220+ Customers 1/5 of the world’s mobile subscribers 170+ Customers 15 Deployments Convergence Business Group Six Strategic Market Evolution Areas, Enabled by Six Technologies Unmatched Field Experience 245 IP/NGN Deployments

24 | Alcatel-Lucent Overview | © 2007 Enterprise Business Group Recognized Leadership Customer References #1 worldwide provider of multi-product solutions to telecommunications and networking companies More than 250,000 enterprise and government customers 5 Global Network Operations Centers on three continents serving top Fortune million customer interactions managed every day by more than 3,300 enterprises through contact centers operated by our customers Recognized Product & Technology #1 in Contact Center software #3 in Contact Center agent positions worldwide #1 in Enterprise Telephony Western Europe #1 in Total PBX, EMEA #1 in Enterprise Telephony, EMEA for Q2 2006

25 | Alcatel-Lucent Overview | © 2007 Services Business Group Leading the Way #2 in Services Market Share Globally IP & Network Transformation 40+ triple play, 40+ IP transformation projects Network Operations & Management 50+ networks managed globally from 10 Network Operations Centers Enterprise & Government Services Solutions for Transportation, Energy, and Safety/Security industries Multi-Vendor Maintenance Servicing over 11,000 maintenance agreements

26 | Alcatel-Lucent Overview | © 2007 Europe & South Region

27 | Alcatel-Lucent Overview | © 2007 Alcatel-Lucent South Eastern Europe Alcatel-Lucent business operations in South Eastern Europe are centrally coordinated from Romania and relying on distributed local units: more than 1800 employees in the Region 24/7 regional TAC-Technical Assistance Centre 300 MEUR turnover R&D centers for radio transmission, optics, core switching Alcatel-Lucent certified training centre Corporate International Services Alcatel-Lucent South Eastern Europe : Romania, Bulgaria, Macedonia, Albania, Bosnia&Herzegovina, Croatia, Cyprus, Greece, Moldova, Montenegro, Serbia, Slovenia

28 | Alcatel-Lucent Overview | © 2007 Framework Agreement for the delivery, installation and commissioning of GSM/UMTS network BSS & NSS equipment since 2001 until today  1 MSC, 1 GPRS Core, 30 BSC installed, over 505 BTS swapped (Nortel & Siemens equipment replacement), over 700 BTS installed BSC MSC Contracts in Bulgaria: Mobiltel Maintenance and technical assistance services  field support location : Varna, Burgas, Ruse, Pleven, Tarnovo, Sofia Projects/activities on-going: 2G deployment:, 3G deployment to start in March Local Services relies on a team of more than 20 certified telecom engineers

29 | Alcatel-Lucent Overview | © 2007 Mizia s/s Blagoevgrad-400 s/s RDC South Cherveha Mogila s/s Sofia West s/s NDC Aleko s/sKazichene s/s Stolnik s/s Thessaloniky Greece Simitly s/s “Murgash” 90.0km “Botunets”+ “Serdika” 46.9km “Liulin” 44.8km Bobov dol TPP “Osogovo” 74.3km “Bodrost” 10.3km Existing OPGW OPGW for delivery Underground optical cable for delivery FOTS for delivery Existing FOTS LEGEND OPGW in a near future PRCPRC PRCPRC Contracts in Bulgaria: Natsionalna Elektricheska Kompania NEK 1 -Project Scope: Turnkey integrated communication and control network to link the high-voltage power grids between Bulgaria and Greece SDH Transmission network: 7 nodes OPGW: 195 km, OPUG: 4km Digital PLC equipment: 8 nodes SCADA: 8 RTUs and Data Concentrator Turn-key installation and commissioning Services Contract value: 2.7 MEUR Project Management structure composed of 14 dedicated engineers and 6 central supporting functions (logistics, accounting, order administration, quality audit) Implementation completed in due time November 2004

30 | Alcatel-Lucent Overview | © 2007 Contracts in Bulgaria: Natsionalna Elektricheska Kompania NEK 2- “ENERGY 2” -Package B2 “Development of Telecommunication System of Natsionalna Electricheska Kompania” Procurement of telecommunication equipment in several lots Lot1 delivery, installation and commissioning SDH, PDH, Data Equipment, Power Supply in 47 sites Lot 2 delivery, installation and commissioning of Teleprotection equipments in 34 sites. Lot 3 delivery of inverters, UPS and rectifiers for more than 50 sites. Contract value: 2.3 MEUR Project Acceptance : June 2007

31 | Alcatel-Lucent Overview | © 2007 Contracts in Bulgaria: BTC More than 20 contracts between Alcatel Lucent and BTC AD between 2000 – 2006 BTC national, regional and cities junction SDH transmission network of which 2900 km cable and 250 km M/W. BTC IN system (9 services) BTC: maintenance services for the transmission network More than 35 MEUR projects with BTC between 2000 – 2006

32 | Alcatel-Lucent Overview | © 2007 Other Major Contracts in Bulgaria Alcatel-Lucent build, commissioned and maintain the following major transmission network in Bulgaria: KAFOS (500 km STM 4) and BSFOCS (1300 km STM 16) submarine network systems, where BTC is a part of the consortium. State Agency for Information Technologies and Communication national SDH transmission Network of 1800 km. MoD Strategic National ATM/SDH transmission network 0f 1200 km. Vestitel (Overgas) transmission SDH STM 16 link 120 km. Bulgarian Social Security Institute National network. 30 nation-wide sites(nodes)

33 | Alcatel-Lucent Overview | © 2007 Questions?

34 | Alcatel-Lucent Overview | © 2007 Thank you.

35 | Alcatel-Lucent Overview | ©