0001144204-09-010380 Sample Contracts

DEPOSIT AGREEMENT
Deposit Agreement • February 23rd, 2009 • Invitel Holdings a/S • Communications services, nec • Delaware

DEPOSIT AGREEMENT, dated as of February 27, 2009 by and among (i) Invitel Holdings A/S, a public limited company incorporated under the laws of the Kingdom of Denmark, and its successors (the "Company"), (ii) Deutsche Bank Trust Company Americas, an indirect wholly owned subsidiary of Deutsche Bank A.G., acting in its capacity as depositary, and any successor depositary hereunder (the "Depositary"), and (iii) all Holders and Beneficial Owners of American Depositary Shares evidenced by American Depositary Receipts issued hereunder (all such capitalized terms as hereinafter defined).

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