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Press release

Swisscom successfully concludes share buy-back programme

20 December 2005

On 19 December 2005 Swisscom successfully concluded the CHF 2 billion share buy-back programme launched in line with the company's pay-out policy on 20 May 2005. A total of 4,764,200 registered shares, equivalent to 7.75% of the share capital, were repurchased. The buy-back was conducted via a second trading line set up for the purpose on the virt-x exchange. The average purchase price per share amounted to CHF 419.80.

During the current year, Swisscom has thus distributed a total of CHF 2.9 billion to shareholders, in the form of a dividend (CHF 861 million) and a share buy-back (CHF 2 billion). A key element of the current pay-out policy is the annual distribution of equity free cash flow (ECFC) via a dividend and a possible share buy-back.

Kontakt

Swisscom AG
Media Relations
3050 Bern

media@swisscom.com