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Orascom Telecom renews its management contract of "Alfa"

Hayek: "We re-emphasize our commitment towards the Lebanese mobile market, and we are looking forward to the future to support the Lebanese mobile sector in regaining its pioneering position in the region"

Beirut, 22 February 2011: Reiterating its commitment towards the growth of the telecom sector in Lebanon, Orascom Telecom announced that it has signed with the Lebanese Ministry of Telecom the extension of its management contract of Lebanon's first mobile network, known as " Alfa ," for one year as of February 1^st, 2011.

The renewal of the contract is an opportunity for Orascom Telecom to execute the long-term development plans and projects it is planning for the telecom sector in Lebanon, and on top of those, comes the introduction of the third generation mobile communication technology (3G) in Lebanon. This, in addition, to introducing a new variety of services, expanding Alfa 's coverage to new regions, and spreading the outreach of information technology services to all over Lebanon.

On the occasion, Orascom Telecom Lebanon Chairman & CEO, Mr. Marwan Hayek said: "We are pleased to renew our management contract of the first Lebanese mobile telecom network with Lebanon's Ministry of Telecom , which is an opportunity for us to re-emphasize our commitment towards the Lebanese mobile market." "We are looking forward to the future, to accomplish new achievements within Alfa , and to support the Lebanese mobile sector in regaining its pioneering position in the region, in line with the ambitious plan set by the Lebanese Ministry of Telecom for the sector."

It's worth mentioning that " Orascom Telecom Holding " ( OTH ) is the international leading mobile operator in the Middle East, Africa and South Asia and counts almost 98 million subscribers.

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About Alfa
Alfa is the brand name of the first Lebanese mobile network managed by " Orascom Telecom Holding " ( OTH ) since February 2009.

Alfa capitalizes on OTH expertise in the telecom field in order to deliver a global and professional solution for the GSM sector in Lebanon. Alfa has more than 1.2 million subscribers.

For more information: www.alfa.com.lb

About Orascom Telecom
Orascom Telecom is a leading international telecommunications company operating GSM networks in high growth markets in the Middle East, Africa and Asia, having a total population under license of approximately 506 million with an average mobile telephony penetration of approximately 48% as of September 30^th, 2010. Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink"), Egypt ("Mobinil"), Bangladesh ("banglalink"), North Korea ("koryolink") and Canada ("Wind Mobile") through its indirect equity shareholding in Globalive Wireless. In addition it has an indirect equity ownership in Telecel Zimbabwe (Zimbabwe) and through its subsidiary Telecel Globe; OTH also operates in Burundi, the Central African Republic and Namibia. Orascom Telecom reached almost 98 million subscribers as of September 30^th, 2010.

Orascom Telecom is traded on the Cairo & Alexandria Stock Exchange under the symbol (ORTE.CA, ORAT EY), and on the London Stock Exchange its GDR is traded under the symbol (ORTEq.L, OTLD LI). For more information visit www.orascomtelecom.com.

© Press Release 2011