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EuroTel Bratislava a.s., a leading Slovak telecommunications company, has announced that it has entered into a series of Credit Agreements with Citibank, N.A., Vseobecna uverova banka, a.s., a member of the Gruppo Banca Intesa, as Mandated Lead Arrangers and other participating banks as Lenders and Citibank (Slovakia) a.s., as Agent, to secure a series of credit facilities in an aggregate principal amount of up to Sk6 billion (euro 147.5(1) million), to provide funds for a possible early redemption of all amounts outstanding under the euro 175 million Senior Secured Notes due 2007 issued by EuroTel's subsidiary, Slovak Wireless Finance Company, B.V. ("SWFC"), pursuant to an Indenture entered into on March 23, 2000 between EuroTel, SWFC and The Bank of New York, as trustee.