OrascomTelecom Hldgs (OTLD) - OTH is currently performing a strategic review RNS Number : 8341P Orascom Telecom Holdings S.A.E 30 October 2012 Orascom Telecom is currently performing a strategic review and valuation assessment of its Sub-Saharan African Operations Cairo October 30^th, 2012: Orascom Telecom Holding S.A.E. ("OTH") announces that it is currently performing a strategic review and valuation assessment of its operations in Burundi, Zimbabwe and Central African Republic (the "Sub-Saharan African Operations") to identify, examine and consider a range of strategic alternatives. Those strategic options include, but are not limited to, a sale of all or a material part of the Sub-Saharan African Operations either in one transaction or in a series of transactions. -END- About Orascom Telecom: Orascom Telecom is a leading international telecommunications company operating GSM networks in high growth markets in the Middle East, Africa and Asia, having a total population under license of approximately 415 million with an average mobile telephony penetration of approximately 51% as of June 30^th, 2012. Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink") and Bangladesh ("banglalink") and has an indirect equity shareholding in Globalive Wireless Canada ("Wind Mobile"). In addition it has an indirect equity ownership in Telecel Zimbabwe (Zimbabwe) and through its subsidiary Telecel Globe, OTH also operates in Burundi and the Central African Republic. Orascom Telecom reached over 83 million subscribers as of June 30^th, 2012. Orascom Telecom is traded on the Egyptian Exchange under the symbol (ORTE.CA, ORAT EY), and on the London Stock Exchange, its GDRs are traded under the symbol (ORTEq.L, OTLD LI). Investor Relations Contacts: OTInvestorrelations@otelecom.com Tel+20(2)24615050/51 Fax+20(2)24615054/55 www.orascomtelecom.com This information is provided by RNS The company news service from the London Stock Exchange END MSCGCBDGCUXBGDG -0- Oct/30/2012 10:00 GMT
OrascomTelecom Hldgs OTLD OTH is currently performing a strategic review
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