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Approval of Shareholders of EGM & OGM Resolutions

Approval of Shareholders of EGM & OGM Resolutions

CAIRO, EGYPT -- (Marketwire) -- 02/13/13 -- *T

Cairo,Egypt / 13 February 2013, 12:45 PM

OCI Announces Approval of Shareholders of all EGM and OGM Resolutions Pertaining to OCI N.V. Offer

Orascom Construction Industries (OCI) announced the results of its Ordinary and Extraordinary General Meetings were convened earlier today. A total of 83.07% of the Company's shareholders were represented at the meetings including 59.70% in shares representing the Sawiris family and The Abraaj Group (Abraaj). At the request of Egyptian Financial Supervisory Authority (EFSA), the Sawiris family, Abraaj, and shareholders who have agreed to swap into OCI N.V. have all agreed to abstain from voting on resolutions pertaining to matters related to the share exchange offer by OCI N.V. and the planned mandatory tender offer to holders of ordinary shares.

Attending minority shareholders approved all resolutions for both the ordinary and extraordinary general meetings with 99.99% voting favorably and 100 shares voting against.

For additional information contact:

For additional information on OCI: OCI Investor Relations Department: Omar Darwazah Email: OCI stock symbols: OCIC.CA / ORCI EY /OCICqL / ORSD

Erika Wakid Orascom Construction Industries (OCI) Email: Nile City Towers - South Tower 2005A Corniche El Nil

Cairo, Egypt

Hassan Badrawi Director

Tel: +202 2461 1036/0727/0917 Fax: +202 2461 9409

This information is provided by RNS

The company news service from the London Stock Exchange



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