Orascom Telecom is currently performing a strategic review and valuation assessment of its Sub-Saharan African Operations

Cairo October 30th, 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.