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COSMOTE, the Largest Mobile Provider in Greece, Deploys Amdocs Partner Relationship Management and Collections 
 
ST. LOUIS, MO - May 20, 2003 - Amdocs Ltd. (NYSE: DOX), the world’s leading provider of billing and CRM, announced today that COSMOTE, subsidiary of the Greek Telecommunications Organization (OTE) and the dominant mobile provider in Greece, has successfully deployed the Amdocs Partner Relationship Management (PRM) product and the Amdocs Collections module. Amdocs PRM provides COSMOTE with the system capabilities to manage the entire lifecycle of partnerships, including billing and revenue settlements. The Amdocs Collections module fully automates COSMOTE’s collection processes.

The Amdocs PRM product provides COSMOTE with one system to fully support all business agreements, including inter-carrier, roaming and content partnerships. Amdocs PRM supports COSMOTE in generating additional revenue streams through innovative partner business models, service bundling and the introduction of new products. The Amdocs Collections module provides COSMOTE with improved collections handling via a single view of all information required to ensure efficient and timely revenue collection. By automatically enforcing pre-defined collection steps on delinquent accounts, the Amdocs Collections module enables COSMOTE to significantly reduce operational costs and outstanding receivables.

“As we continue our growth throughout Greece and the Balkans, we require flexible systems that can support our expanding customer base and service offerings, while helping us to reduce operational costs,” said Christos Christopoulos, IT Director of COSMOTE. “The Amdocs combination of software products and services translates to reduced implementation risk with a faster time to deployment. The Amdocs PRM product will also enable us to launch leading-edge services, allowing us to further enrich our comprehensive service portfolio.”

“Our products are built to support the carrier grade requirements of leading service providers while utilizing an open architecture that supports seamless integration with current and future system environments,” said Michael Couture, Vice President of Marketing at Amdocs. “We are pleased to be working with international industry leaders such as COSMOTE, as they continue to grow and differentiate themselves in the market.”

About COSMOTE
COSMOTE, the dominant mobile telecommunications in Greece, also operates in Albania through its Albanian subsidiary, AMC, as well as in Bulgaria and F.Y.R.O. Macedonia, managing its parent company’s mobile assets. Being a late entrant in the Greek market, the company launched commercially in 1998 and within only a few years of operation, having run an impressive course, has become the No. 1 mobile phone operator in Greece both in terms of subscribers, as well as financial performance, being among the fastest growing mobile phone operators in the world.

About Amdocs
Amdocs is the world’s leading provider of billing and CRM. With a 20-year track record of delivery excellence, our products empower major communications operators around the globe. We enable rapid time-to-market for next generation voice, content, commerce and application services, while enhancing subscriber loyalty and lowering total cost of ownership. We offer our customers flexible modes of delivery -- products, solutions and outsourcing. For more information, visit our web site at www.amdocs.com.

MEDIA CONTACTS:

Amdocs

Dan Ginsburg
Porter Novelli for Amdocs
Tel: 1-212-601-8020
Fax: 1-212-601-8101
E-Mail: dginsburg@porternovelli.com

COSMOTE
Lilly Gallis
Head of Public & Media Relations
COSMOTE
Tel: 30-210-6177566
Fax: 30-210-6177771
E-Mail: MediaRelations@cosmote.gr
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