SWISSCOM AG

Swisscom is Switzerland's leading telecommunications operator. Net sales break down by activity as follows:

- fixed and mobile telecommunications services (69.9%): fixed and mobile telephony, data transmission, Internet access, TV and radio broadcasting services, etc.;

- realisation, maintenance and operation of communication infrastructures (8.9%);

- interconnection services (8%): for telecommunications operators;

- sale of fixed and mobile telephones (7.8%);

- other (5.4%).

Net sales are distributed geographically as follows: Switzerland (78.3%), Italy (21.5%) and Europe (0.2%).