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<TITLE>FORM S-8</TITLE>
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<P align="center"><FONT size="2">As filed with the Securities and Exchange Commission on September <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>, 2003
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<P align="right"><FONT size="2"><B>Registration No.&nbsp;333- <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></B>
</FONT>

<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION</B>
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<DIV align="center"><FONT size="3"><B>Washington, D.C. 20549</B>
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<P align="center"><FONT size="4"><B>FORM S-8<BR>
REGISTRATION STATEMENT</B>
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<DIV align="center"><FONT size="4"><B>UNDER<BR>
THE SECURITIES ACT OF 1933</B>
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</DIV>
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<P align="center"><FONT size="6"><B>STET HELLAS TELECOMMUNICATIONS S.A.</B>
</FONT>
<DIV align="center"><FONT size="3"><B>(Exact Name of Registrant as Specified in Its Charter)</B>
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</DIV>
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    <TD width="50%">&nbsp;</TD>
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    <TD align="center" valign="top"><FONT size="2"><B>The Hellenic Republic</B><BR>
<B>(State or Other Jurisdiction of</B><BR>
<B>Incorporation or Organization)</B><BR></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>None</B><BR>
<B>(I.R.S. Employer</B><BR>
<B>Identification No.)</B><BR></FONT></TD>
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<P align="center"><FONT size="2"><B>66 Kifissias Avenue<BR>
15125 Maroussi<BR>
Athens<BR>
Greece<BR>
(Address of Principal Executive Offices, Including Zip Code)</B>
</FONT>
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<P align="center"><FONT size="2"><B>STET Hellas A.E.B.E. 2000 Second Stock Option Plan<BR>
(Full Title of the Plan)</B>
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    <TD align="center" valign="top"><FONT size="2"><B>CT Corporation System</B><BR>
<B>111 Eighth Avenue, 13th Floor</B><BR>
<B>New York, NY 10011</B><BR>
<B>(212)&nbsp;624 7666</B><BR>
<B>(Name, Address and Telephone Number,</B><BR>
<B>Including Area Code, of Agent for Service)</B><BR></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B><I>Please send copies of all communications to:</I></B><BR>
<B>John W. Connolly III</B><BR>
<B>Clifford Chance Limited Liability Partnership</B><BR>
<B>10 Upper Bank Street</B><BR>
<B>Canary Wharf</B><BR>
<B>London, E14 5JJ, England</B><BR>
<B>&#043;44 (0)20 7006 1000</B><BR></FONT></TD>
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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B>
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    <TD width="17%">&nbsp;</TD>
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    <TD width="7%">&nbsp;</TD>
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    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Amount</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Amount of</B></FONT></TD>
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    <TD nowrap align="center"><FONT size="1"><B>Title Of Each Class Of</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>To Be</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Offering Price Per</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Registration</B></FONT></TD>
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<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Securities To Be Registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Registered(2)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Share(3)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Price(3)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Fee</B></FONT></TD>
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    <TD colspan="9" valign="top" align="left"><HR size="2" noshade></TD>
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    <TD valign="top" align="center"><FONT size="2">Ordinary Shares(1)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
1,000,000
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">$12.53
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">$12,532,000
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">$1,014</FONT></TD>
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<P align="left"><FONT size="2">In addition, pursuant to Rule&nbsp;416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan(s) described herein.
</FONT>
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    <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">American Depositary Receipts evidencing American Depositary Shares
(&#147;ADSs&#148;) issuable on deposit of the Ordinary Shares, nominal value <FONT face="'Times New Roman',Times">&#128;</FONT>1.52
each (the &#147;Ordinary Shares&#148;), of STET Hellas Telecommunications S.A. (the
&#147;Registrant&#148;) have been registered pursuant to a separate Registration
Statement on Form&nbsp;F-6 (No.&nbsp;333-14166) filed with the Securities and
Exchange Commission (the &#147;Commission&#148;) on February&nbsp;1, 2002. Each American
Depositary Share represents 1 Ordinary Share.</FONT></TD>
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<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
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    <TD width="1%" align="left" nowrap><FONT size="2">(2)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">The number of Ordinary Shares being registered represents the estimated
maximum aggregate number issuable to employees pursuant to the STET Hellas
A.E.B.E. 2000 Second Stock Option Plan, (the &#147;Plan&#148;).</FONT></TD>
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    <TD><FONT size="2">&nbsp;</FONT></TD>
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    <TD width="1%" align="left" nowrap><FONT size="2">(3)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">In accordance with Rule&nbsp;457(h), the proposed maximum offering price per
share has been calculated pursuant to Rule&nbsp;457(c). The proposed maximum
offering price per share of $12.532 has been multiplied by the amount of
shares to be registered to obtain the proposed maximum aggregate offering
price of $12,532,000.</FONT></TD>
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART I<BR> INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II<BR> INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">POWER OF ATTORNEY</A></TD></TR>
<TR><TD colspan="9"><A HREF="#004">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="u46566exv4w3.txt">EXHIBIT 4.3 - MINUTES AND REGULATION OF PLAN</A></TD></TR>
<TR><TD colspan="9"><A HREF="u46566exv5w1.htm">EXHIBIT 5.1 - OPINION OF M & P BERNITSAS</A></TD></TR>
<TR><TD colspan="9"><A HREF="u46566exv23w1.htm">EXHIBIT 23.1 - CONSENT OF ERNST & YOUNG</A></TD></TR>
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<!-- link1 "PART I<BR> INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>PART I<BR>
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
</FONT>

<P align="left"><FONT size="2"><B>Item&nbsp;1. Plan Information</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will send or give the document containing the information specified in
Part 1 of Form&nbsp;S-8 to each employee who is eligible to participate in the STET
Hellas A.E.B.E 2000 Second Stock Option Plan in accordance with Rule&nbsp;428(b)(i)
under the United States Securities Act, as amended (the &#147;Securities Act&#148;).
Information required by Part I to be contained in the Section&nbsp;10(a) prospectus
is omitted from this Registration Statement on Form&nbsp;S-8 (the &#147;Registration
Statement&#148;) in accordance with Rule&nbsp;428 under the Securities Act, and the
&#147;Note&#148; to Part I of Form&nbsp;S-8.
</FONT>
<P align="left"><FONT size="2"><B>Item&nbsp;2. Registrant Information and Employee Plan Annual Information</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will provide, without charge, to each participant in the STET Hellas
A.E.B.E. 2000 Second Stock Option Plan, upon oral or written request, a copy of
any or all documents incorporated by reference in Item&nbsp;3 of Part II of this
Registration Statement (which documents are incorporated by reference in the
Section&nbsp;10(a) prospectus) and any other documents required to be delivered to
eligible employees pursuant to Rule&nbsp;428(b). Requests should be directed to
Ruggero Caterini; STET Hellas Telecommunications S.A., 66 Kifissias Avenue,
15125 Maroussi, Athens, Greece. Our telephone number is (30-210) 615-8000.
</FONT>
<!-- link1 "PART II<BR> INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
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<P align="center"><FONT size="2"><B>PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</FONT>

<P align="left"><FONT size="2"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents, that have been filed with or furnished to the
Commission by the Registrant, are incorporated herein by reference and made a
part hereof:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; the Registrant&#146;s Annual Report on Form&nbsp;20-F filed with the Commission
on May&nbsp;30, 2003 pursuant to Section&nbsp;13 of the Securities Exchange Act of 1934,
as amended (the &#147;Exchange Act&#148;); and
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; the Registrant&#146;s Special Reports on Form&nbsp;6-K dated January&nbsp;15, 2003,
February&nbsp;5, 2003, February&nbsp;20, 2003, March&nbsp;4, 2003 April&nbsp;4, 2003, April&nbsp;16,
2003, April&nbsp;30, 2003, May&nbsp;20, 2003, July&nbsp;23, 2003 and July&nbsp;31, 2003.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents that we file in accordance with Sections&nbsp;13(a), 13(c), 14
and 15(d) of the Exchange Act, subsequent to the effective date of this
Registration Statement and prior to the filing of a post-effective amendment to
this Registration Statement, that indicates that all securities covered by this
Registration Statement have been sold or that deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement and will be a part of this Registration Statement from
the date of filing of those documents.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained herein or in any document incorporated by
reference herein shall be deemed to be modified or superseded for purposes of
this Registration Statement to the extent that a statement contained herein or
in any other subsequently filed document which also is deemed to be
incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed to constitute a
part of this Registration Statement, except as so modified or superseded.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You may request a copy of these filings at no cost, other than exhibits to
those documents which are not specifically incorporated by reference, by
writing or telephoning us at the following address:
</FONT>
<P align="center"><FONT size="2">STET Hellas Telecommunications S.A.<BR>
66 Kifissias Avenue<BR>
15125 Maroussi<BR>
Athens<BR>
Greece<BR>
(30-210) 615-8000
</FONT>
<P align="center"><FONT size="2">2</FONT>
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<P align="left"><FONT size="2"><B>Item&nbsp;4. Description of Securities</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>
<P align="left"><FONT size="2"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>
<P align="left"><FONT size="2"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Articles of Association do not contain any provisions under which
members of the Board of Directors or our executive officers will be indemnified
in any manner against any liability which they may incur in such capacities.
However, Article&nbsp;20 of our Articles of Association provides that:
</FONT>
<P>
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<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">the responsibilities of the members of the Board of Directors
for the administration of the company expires every year after the
approval of the annual financial statements by the Ordinary General
Meeting of Shareholders;</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">the members of the Board of Directors have no personal
liability to third parties of the shareholders for the fulfilment of
their duties; and</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2">the members of the Board of Directors are liable only to the
company for acts or omissions associated with the administration of
the company.</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Greek law, no such discharge applies, however, where damages caused
to the company are determined to be caused through the fault of one or more
directors who cannot show that they exercised prudent care in the exercise of
their duties and obligations as directors.
</FONT>
<P align="left"><FONT size="2"><B>Item&nbsp;7. Exemption from Registration Claimed</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>
<P align="left"><FONT size="2"><B>Item&nbsp;8. Exhibits</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are filed with or incorporated by reference into
this Registration Statement:
</FONT>
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    <TD width="9%">&nbsp;</TD>
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    <TD width="86%">&nbsp;</TD>
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    <TD nowrap align="center"><FONT size="1"><B>Exhibit No.</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
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    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><HR size="1" width="5%" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Articles of Association of the Registrant as in effect on the date
hereof (incorporated by reference to Exhibit&nbsp;1.2 of our annual
report on Form&nbsp;20-F (Commission No.O-29726) for the year ended
December&nbsp;31, 2002 filed with the Commission on May&nbsp;30, 2003).</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Deposit Agreement dated as of December&nbsp;13, 2001 as amended and
restated effective as of February&nbsp;8, 2002, among the Registrant and
The Bank of New York, as Depositary and Holders of the American
Depositary Receipts (incorporated by reference to Exhibit a(2) of
our registration statement on Form&nbsp;F-6 (Commission File No.
33-14166) filed with the Commission on February&nbsp;1, 2002), including
form of American Depositary Receipts.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Minutes of the Extraordinary General Assembly of the Shareholders on
December&nbsp;11, 2000 adopting the STET Hellas A.E.B.E. 2000 Second
Stock Option Plan and Regulation of the STET Hellas Stock Option
Plan.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of M &#038; P Bernitsas as to the validity of the ordinary shares.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Ernst &#038; Young, independent auditors.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of M &#038; P Bernitsas (included in Exhibit&nbsp;5.1).</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney (included in signature page).</FONT></TD>
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<P align="center"><FONT size="2">3</FONT>
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<P align="left"><FONT size="2"><B>Item&nbsp;9. Undertakings</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; The undersigned Registrant hereby undertakes:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp; To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp; to include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act;
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp; to reflect in the prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the
Registration Statement. Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission
pursuant to Rule&nbsp;424(b) if, in the aggregate, the changes in volume and
price represent no more than a 20&nbsp;percent change in the maximum aggregate
offering price set forth in the &#147;Calculation of Registration Fee&#148; table in
the effective Registration Statement;
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp; To include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;
</FONT>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="1%" align="left" nowrap><FONT size="2"><I>&nbsp;</I></FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="93%"><FONT size="2"><I>provided</I>, <I>however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply
if the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to Section&nbsp;13 or
Section&nbsp;15(d) of the Exchange Act of 1934 that are incorporated by
reference in the Registration Statement.</FONT></TD>
</TR>
</TABLE>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp; That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be deemed to
be a new Registration Statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp; To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan&#146;s annual report pursuant to Section&nbsp;15(d) of the Exchange Act of 1934)
that is incorporated by reference in this Registration Statement shall be
deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial <I>bona fide </I>offering thereof.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue.
</FONT>
<P align="center"><FONT size="2">4</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="002"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the
Registrant, STET Hellas Telecommunications S.A., an <I>anonymos etairia</I>
(corporation)&nbsp;incorporated under the laws of The Hellenic Republic, Greece,
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form&nbsp;S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the city of Athens, country of Greece on September&nbsp;12, 2003.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">

<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="93%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="2" valign="top"><FONT size="2"><B>STET Hellas Telecommunications S.A.</B></FONT></TD>
</TR>

<TR>
<TD><FONT size="2">&nbsp;</FONT></TD>
<TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><FONT size="2">By:</FONT></TD>
    <TD valign="top"><FONT size="2">/s/ Nikolaos Varsakis
</FONT>
</TR>

<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD valign="top"><HR size="1" align="left" noshade>
</TR>

<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD valign="top"><FONT size="2">Nikolaos Varsakis<BR>
Managing Director</FONT></TD>
</TR>
</TABLE>
</CENTER>
<!-- link1 "POWER OF ATTORNEY" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B>
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities indicated on September&nbsp;12, 2003. Each person whose signature
appears below hereby constitutes and appoints Nikolaos Varsakis and Ruggero
Caterini, or either of them acting alone, his or her true and lawful
attorney-in-fact and agent, in each case with full power of substitution and
resubstitution, for him or her in his or her name and stead in any and all
capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, or any registration statement for
the same offering that is to be effective upon filing pursuant to Rule&nbsp;462(a)
under the Securities Act of 1993, and to file the same, with exhibits thereto
and other documents in connection therewith or in connection with the
registration of the common stock offered hereby under the Securities Exchange
Act of 1934, with the Securities and Exchange Commission, granting unto such
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary in connection with such matters and
hereby ratifying and confirming all that such attorney-in-fact and agent or his
substitutes may do or cause to be done by virtue hereof.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="51%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Name and Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Nikolaos Varsakis<BR>
</FONT><HR size="1" noshade><FONT size="2">
Nikolaos Varsakis</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Managing Director (Principal Executive Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Ruggero Caterini<BR>
</FONT><HR size="1" noshade><FONT size="2">
Ruggero Caterini</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Finance Director (Principal Financial Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Stylianos Argyros<BR>
</FONT><HR size="1" noshade><FONT size="2">
Stylianos Argyros</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Non-Executive Chairman
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Stefano Rossi<BR>
</FONT><HR size="1" noshade><FONT size="2">
Stefano Rossi</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Non-Executive Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Giuseppe Roberto Opilio<BR>
</FONT><HR size="1" noshade><FONT size="2">
Giuseppe Roberto Opilio</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Non-Executive Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Elisabetta Ripa<BR>
</FONT><HR size="1" noshade><FONT size="2">
Elisabetta Ripa</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Non-Executive Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">/s/ Donald J. Puglisi<BR>
</FONT><HR size="1" noshade><FONT size="2">
Donald J. Puglisi</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Authorized Representative in the United States
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">Sep. 12th, 2003</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">5</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the city of Athens, country of Greece, on September&nbsp;12,
2003.
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="50%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="2" valign="top"><FONT size="2">STET Hellas A.E.B.E. 2000 Second Stock Option Plan</FONT></TD>
</TR>

<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD valign="top"><FONT size="2">By:</FONT></TD>
    <TD><FONT size="2">/s/ Nikolaos Versakis</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2"><HR size="1" noshade></FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">6</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="004"></A></DIV>
<P align="center"><FONT size="2"><B>EXHIBIT INDEX</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="9%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="86%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit No.</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="left"><HR size="1" width="6%" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Articles of Association of the Registrant as in effect on the date
hereof (incorporated by reference to Exhibit&nbsp;1.2 of our annual
report on Form&nbsp;20-F (Commission No.O-29726) for the year ended
December&nbsp;31, 2002 filed with the Commission on May&nbsp;30, 2003).</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Deposit Agreement dated as of December&nbsp;13, 2001 as amended and
restated effective as of February&nbsp;8, 2002 among the Registrant and
The Bank of New York, as Depositary and Holders of the American
Depositary Receipts (incorporated by reference to Exhibit a(2) of
our registration statement on Form&nbsp;F-6 (Commission File No.
33-14166) filed with the Commission on February&nbsp;1, 2002), including
form of American Depositary Receipts.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">4.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Minutes of the Extraordinary General Assembly of the Shareholders on
December&nbsp;11, 2000 adopting the STET Hellas A.E.B.E. 2000 Second
Stock Option Plan and Regulation of the STET Hellas Stock Option
Plan.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of M &#038; P Bernitsas as to the validity of the ordinary shares.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Ernst &#038; Young, independent auditors.</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of M &#038; P Bernitsas (included in Exhibit&nbsp;5.1).</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney (included in signature page).</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">7</FONT>
</BODY>
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FORM S-8
Table of Contents
As filed with the Securities and Exchange Commission on September
, 2003
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
STET HELLAS TELECOMMUNICATIONS S.A.
(Exact Name of Registrant as Specified in Its Charter)
The Hellenic Republic
(State or Other Jurisdiction of
Incorporation or Organization)
None
(I.R.S. Employer
Identification No.)
66 Kifissias Avenue
15125 Maroussi
Athens
Greece
(Address of Principal Executive Offices, Including Zip Code)
STET Hellas A.E.B.E. 2000 Second Stock Option Plan
(Full Title of the Plan)
CT Corporation System
111 Eighth Avenue, 13th Floor
New York, NY 10011
(212) 624 7666
(Name, Address and Telephone Number,
Including Area Code, of Agent for Service)
Please send copies of all communications to:
John W. Connolly III
Clifford Chance Limited Liability Partnership
10 Upper Bank Street
Canary Wharf
London, E14 5JJ, England
+44 (0)20 7006 1000
CALCULATION OF REGISTRATION FEE
Amount
Proposed Maximum
Proposed Maximum
Amount of
Title Of Each Class Of
To Be
Offering Price Per
Aggregate Offering
Registration
Securities To Be Registered
Registered(2)
Share(3)
Price(3)
Fee
Ordinary Shares(1)
1,000,000
$12.53
$12,532,000
$1,014
In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
registration statement also covers an indeterminate amount of interests to be
offered or sold pursuant to the employee benefit plan(s) described herein.
(1)
American Depositary Receipts evidencing American Depositary Shares
("ADSs") issuable on deposit of the Ordinary Shares, nominal value
€
1.52
each (the "Ordinary Shares"), of STET Hellas Telecommunications S.A. (the
"Registrant") have been registered pursuant to a separate Registration
Statement on Form F-6 (No. 333-14166) filed with the Securities and
Exchange Commission (the "Commission") on February 1, 2002. Each American
Depositary Share represents 1 Ordinary Share.
(2)
The number of Ordinary Shares being registered represents the estimated
maximum aggregate number issuable to employees pursuant to the STET Hellas
A.E.B.E. 2000 Second Stock Option Plan, (the "Plan").
(3)
In accordance with Rule 457(h), the proposed maximum offering price per
share has been calculated pursuant to Rule 457(c). The proposed maximum
offering price per share of $12.532 has been multiplied by the amount of
shares to be registered to obtain the proposed maximum aggregate offering
price of $12,532,000.
TABLE OF CONTENTS
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
SIGNATURES
POWER OF ATTORNEY
EXHIBIT INDEX
EXHIBIT 4.3 - MINUTES AND REGULATION OF PLAN
EXHIBIT 5.1 - OPINION OF M & P BERNITSAS
EXHIBIT 23.1 - CONSENT OF ERNST & YOUNG
Table of Contents
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Item 1. Plan Information
We will send or give the document containing the information specified in
Part 1 of Form S-8 to each employee who is eligible to participate in the STET
Hellas A.E.B.E 2000 Second Stock Option Plan in accordance with Rule 428(b)(i)
under the United States Securities Act, as amended (the "Securities Act").
Information required by Part I to be contained in the Section 10(a) prospectus
is omitted from this Registration Statement on Form S-8 (the "Registration
Statement") in accordance with Rule 428 under the Securities Act, and the
"Note" to Part I of Form S-8.
Item 2. Registrant Information and Employee Plan Annual Information
We will provide, without charge, to each participant in the STET Hellas
A.E.B.E. 2000 Second Stock Option Plan, upon oral or written request, a copy of
any or all documents incorporated by reference in Item 3 of Part II of this
Registration Statement (which documents are incorporated by reference in the
Section 10(a) prospectus) and any other documents required to be delivered to
eligible employees pursuant to Rule 428(b). Requests should be directed to
Ruggero Caterini; STET Hellas Telecommunications S.A., 66 Kifissias Avenue,
15125 Maroussi, Athens, Greece. Our telephone number is (30-210) 615-8000.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents, that have been filed with or furnished to the
Commission by the Registrant, are incorporated herein by reference and made a
part hereof:
(a)  the Registrant's Annual Report on Form 20-F filed with the Commission
on May 30, 2003 pursuant to Section 13 of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"); and
(b)  the Registrant's Special Reports on Form 6-K dated January 15, 2003,
February 5, 2003, February 20, 2003, March 4, 2003 April 4, 2003, April 16,
2003, April 30, 2003, May 20, 2003, July 23, 2003 and July 31, 2003.
All documents that we file in accordance with Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act, subsequent to the effective date of this
Registration Statement and prior to the filing of a post-effective amendment to
this Registration Statement, that indicates that all securities covered by this
Registration Statement have been sold or that deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement and will be a part of this Registration Statement from
the date of filing of those documents.
Any statement contained herein or in any document incorporated by
reference herein shall be deemed to be modified or superseded for purposes of
this Registration Statement to the extent that a statement contained herein or
in any other subsequently filed document which also is deemed to be
incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed to constitute a
part of this Registration Statement, except as so modified or superseded.
You may request a copy of these filings at no cost, other than exhibits to
those documents which are not specifically incorporated by reference, by
writing or telephoning us at the following address:
STET Hellas Telecommunications S.A.
66 Kifissias Avenue
15125 Maroussi
Athens
Greece
(30-210) 615-8000
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Item 4. Description of Securities
Not applicable.
Item 5. Interests of Named Experts and Counsel
Not applicable.
Item 6. Indemnification of Directors and Officers
Our Articles of Association do not contain any provisions under which
members of the Board of Directors or our executive officers will be indemnified
in any manner against any liability which they may incur in such capacities.
However, Article 20 of our Articles of Association provides that:
•
the responsibilities of the members of the Board of Directors
for the administration of the company expires every year after the
approval of the annual financial statements by the Ordinary General
Meeting of Shareholders;
•
the members of the Board of Directors have no personal
liability to third parties of the shareholders for the fulfilment of
their duties; and
•
the members of the Board of Directors are liable only to the
company for acts or omissions associated with the administration of
the company.
Under Greek law, no such discharge applies, however, where damages caused
to the company are determined to be caused through the fault of one or more
directors who cannot show that they exercised prudent care in the exercise of
their duties and obligations as directors.
Item 7. Exemption from Registration Claimed
Not applicable.
Item 8. Exhibits
The following documents are filed with or incorporated by reference into
this Registration Statement:
Exhibit No.
Description
4.1
Articles of Association of the Registrant as in effect on the date
hereof (incorporated by reference to Exhibit 1.2 of our annual
report on Form 20-F (Commission No.O-29726) for the year ended
December 31, 2002 filed with the Commission on May 30, 2003).
4.2
Deposit Agreement dated as of December 13, 2001 as amended and
restated effective as of February 8, 2002, among the Registrant and
The Bank of New York, as Depositary and Holders of the American
Depositary Receipts (incorporated by reference to Exhibit a(2) of
our registration statement on Form F-6 (Commission File No.
33-14166) filed with the Commission on February 1, 2002), including
form of American Depositary Receipts.
4.3
Minutes of the Extraordinary General Assembly of the Shareholders on
December 11, 2000 adopting the STET Hellas A.E.B.E. 2000 Second
Stock Option Plan and Regulation of the STET Hellas Stock Option
Plan.
5.1
Opinion of M & P Bernitsas as to the validity of the ordinary shares.
23.1
Consent of Ernst & Young, independent auditors.
23.2
Consent of M & P Bernitsas (included in Exhibit 5.1).
24.1
Power of Attorney (included in signature page).
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Item 9. Undertakings
(a)  The undersigned Registrant hereby undertakes:
(1)  To file, during any period in which offers or sales are being made, a
post-effective amendment to this Registration Statement:
(i)  to include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii)  to reflect in the prospectus any facts or events arising after
the effective date of this Registration Statement (or the most recent
post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the
Registration Statement. Notwithstanding the foregoing, any increase or
decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any
deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission
pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
price represent no more than a 20 percent change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in
the effective Registration Statement;
(iii)  To include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;
provided
,
however
, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply
if the information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the registrant pursuant to Section 13 or
Section 15(d) of the Exchange Act of 1934 that are incorporated by
reference in the Registration Statement.
(2)  That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be deemed to
be a new Registration Statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof.
(3)  To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
(b)  The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Exchange Act of 1934)
that is incorporated by reference in this Registration Statement shall be
deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial
bona fide
offering thereof.
(c)  Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant, STET Hellas Telecommunications S.A., an
anonymos etairia
(corporation) incorporated under the laws of The Hellenic Republic, Greece,
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the city of Athens, country of Greece on September 12, 2003.
STET Hellas Telecommunications S.A.
By:
/s/ Nikolaos Varsakis
Nikolaos Varsakis
Managing Director
POWER OF ATTORNEY
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities indicated on September 12, 2003. Each person whose signature
appears below hereby constitutes and appoints Nikolaos Varsakis and Ruggero
Caterini, or either of them acting alone, his or her true and lawful
attorney-in-fact and agent, in each case with full power of substitution and
resubstitution, for him or her in his or her name and stead in any and all
capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, or any registration statement for
the same offering that is to be effective upon filing pursuant to Rule 462(a)
under the Securities Act of 1993, and to file the same, with exhibits thereto
and other documents in connection therewith or in connection with the
registration of the common stock offered hereby under the Securities Exchange
Act of 1934, with the Securities and Exchange Commission, granting unto such
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary in connection with such matters and
hereby ratifying and confirming all that such attorney-in-fact and agent or his
substitutes may do or cause to be done by virtue hereof.
Name and Signature
Title
Date
/s/ Nikolaos Varsakis
Nikolaos Varsakis
Managing Director (Principal Executive Officer)
Sep. 12th, 2003
/s/ Ruggero Caterini
Ruggero Caterini
Finance Director (Principal Financial Officer)
Sep. 12th, 2003
/s/ Stylianos Argyros
Stylianos Argyros
Non-Executive Chairman
Sep. 12th, 2003
/s/ Stefano Rossi
Stefano Rossi
Non-Executive Director
Sep. 12th, 2003
/s/ Giuseppe Roberto Opilio
Giuseppe Roberto Opilio
Non-Executive Director
Sep. 12th, 2003
/s/ Elisabetta Ripa
Elisabetta Ripa
Non-Executive Director
Sep. 12th, 2003
/s/ Donald J. Puglisi
Donald J. Puglisi
Authorized Representative in the United States
Sep. 12th, 2003
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Pursuant to the requirements of the Securities of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the city of Athens, country of Greece, on September 12,
2003.
STET Hellas A.E.B.E. 2000 Second Stock Option Plan
By:
/s/ Nikolaos Versakis
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EXHIBIT INDEX
Exhibit No.
Description
4.1
Articles of Association of the Registrant as in effect on the date
hereof (incorporated by reference to Exhibit 1.2 of our annual
report on Form 20-F (Commission No.O-29726) for the year ended
December 31, 2002 filed with the Commission on May 30, 2003).
4.2
Deposit Agreement dated as of December 13, 2001 as amended and
restated effective as of February 8, 2002 among the Registrant and
The Bank of New York, as Depositary and Holders of the American
Depositary Receipts (incorporated by reference to Exhibit a(2) of
our registration statement on Form F-6 (Commission File No.
33-14166) filed with the Commission on February 1, 2002), including
form of American Depositary Receipts.
4.3
Minutes of the Extraordinary General Assembly of the Shareholders on
December 11, 2000 adopting the STET Hellas A.E.B.E. 2000 Second
Stock Option Plan and Regulation of the STET Hellas Stock Option
Plan.
5.1
Opinion of M & P Bernitsas as to the validity of the ordinary shares.
23.1
Consent of Ernst & Young, independent auditors.
23.2
Consent of M & P Bernitsas (included in Exhibit 5.1).
24.1
Power of Attorney (included in signature page).
7