EDITA Board of Directors Resolutions 8 August 2016

Cairo, August 8, 2016

The Board of Directors in its meeting on August 8, 2016 unanimously resolved the following:

1. Approved the minutes of the previous Board of Directors Meeting (No. 114) dated July 26, 2016; and with respect to the Forth Resolution thereof regarding the acceptance of the resignation of the Company's Chief Financial Officer, Mr. Sherif Mohamed Fathy Ahmed, the Board Of Directors' unanimously approved to consider the resignation effective as of October 1, 2016, while maintaining the authorities of Mr. Sherif Mohamed Fathy Ahmed in force until October 1, 2016 to enable handover of the responsibilities to his successor..

2. Approved the Board of Directors' report for the company's activities for the financial period ended on June 30, 2016.

3. Approved the audit committee's report for the financial statements for the financial period ended on June 30, 2016

4. Approved the auditor's limited review report for the consolidated and standalone financial statements for the financial period ended on June 30, 2016.

5. Approved the consolidated and standalone financial statements for the financial period ended on June 30, 2016.

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-Ends-

Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development DirectorT: +202 3851 6464 | M: +20 100 1542428 |  [email protected]

Ms. Yasmine Ghobrial

Senior Investor Relations SpecialistT: +202 3851 6464 | M: +20 1227563935 | [email protected]