OTH Submits Formal Notice of Arbitration Against Algeria


Cairo, April 12, 2012: Orascom Telecom Holding S.A.E. ("OTH" or the "Company") announces that it is submitting a formal Notice of Arbitration against the People’s Democratic Republic of Algeria (“Algeria”) in respect of the unlawful actions taken since 2008 by the Algerian government against Orascom Telecom Algerie (“OTA”).