GLOBAL TELECOM HOLDING ANNOUNCES APPLICATION TO CANCEL ITS GDR PROGRAM
Amsterdam (17 February 2017) – Global Telecom Holding S.A.E. ("GTH" or the "Company") (EGX:
GTHE.CA, LSE: GLTD:LI), an Egyptian joint stock company, today announces that, following receipt by the
Company of the EFSA's ratification of the minutes of the extraordinary general assembly meeting of its
Shareholders to approve the GDR Cancellation (as defined below), it intends to make an application to
each of the Financial Conduct Authority (the "FCA") and the London Stock Exchange for the cancellation
of the listing of the global depositary receipts of the Company ("GDRs") on the Official List of the FCA and
the cancellation of trading of the GDRs on the Main Market for Listed Securities of the London Stock
Exchange plc, respectively (together, the "GDR Cancellation").