OTH Announces a Minor Adjustment to its Financials

Cairo, April 17th, 2012: Orascom Telecom Holding S.A.E. ("OTH" or the "Company") announces that subsequent to the approval of the financial statements for the Year Ended 31 December 2011 by the Board of Directors of OTH on 12 March 2012, the External Auditors of the company requested a change in the calculation of the corporate tax charge on the consolidated financial statements, resulting in an increase in the income tax item in the consolidated income statement for an amount of EGP 241 Million equivalen