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Exercise of Over-Allotment

15th Dec 2005 07:00

Telecom Egypt S.A.E14 December 2005 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. 14 December 2005 Exercise of Over-allotment option: Telecom Egypt S.A.E Offering of 341,414,320 Ordinary Shares in the form of Ordinary Shares or GDSs Telecom Egypt S.A.E Ordinary Shares (EGS48031C016)Telecom Egypt S.A.E GDR Reg S (US87927T2024)Telecom Egypt S.A.E GDR 144A (US87927T1034) In connection with the Offer of 341,414,320 shares in the form of OrdinaryShares and Global Depository Shares ("GDS") of Telecom Egypt S.A.E., CreditSuisse First Boston (Europe) Limited hereby announces that it has exercised theOver-allotment option over 41,920,000 ordinary shares, equal to 8,384,000 GDS,granted to it by the Selling Shareholder. This information is provided by RNS The company news service from the London Stock Exchange

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Telecom Egypt S
FTSE 100 Latest
Value7,964.18
Change50.93