JAZZTEL p.l.c. (hereinafter “JAZZTEL” or the “Company”) in accordance with the
provisions of Article 82 of the “Mercado de Valores” Law 24/1988 of 28th July,
herebymakes the following:

ANNOUNCEMENT
In accordance with the prospectus for the admission of the Warrants issued in July 2009
to the official register of the Comisión Nacional del Mercado de Valores (“CNMV”) dated
28 July 2009 (the “Prospectus”), Boussard & Gavaudan informed us the 17 of
September of 2009 that it is exercising a total of 16,000,000 Series B Warrants. Boussard
& Gavaudan is one of the two principal holders of the bonds issued by JAZZTEL in April
2005 (the “Bonds”) which have been the subject of a recent restructuring. On exercise of
such Warrants, the Company will issue a total of 16,000,000 new ordinary shares in
JAZZTEL at a price of €0.18 per share (€0.08 in nominal value and €0.10 of premium), for
which JAZZTEL receives total proceeds of €2,880,000.00. The new ordinary shares will
represent 0.68% of the current share capital of the company.
Finally, in accordance with the Prospectus, the Company will request admission to listing
of the new shares on the stock exchanges of Madrid, Barcelona, Valencia and Bilbao and
on the Mercado Continuo.

In Alcobendas (Madrid), 18 September 2009
José Ortiz Martinez
Company Secretary
JAZZTEL p.l.c.
7月5日上证综指
Creative Commons License photo credit: Qiao-Da-Ye賽門譙大爺