Notice of Q1 2011 Results

12 May 2011

Telecom Egypt

NOTICE OF Q1 2011 RESULTS

Telecom Egypt will announce its Consolidated and Standalone Financial Results for the three months ended 31st March 2011 (in accordance with Egyptian Accounting Standards) before the opening sessions of LSE and EGX on Wednesday, 1 June 2011.

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For more information, contact:

Mahmoud Abu Taleb Mohamed Kamal

Director of Investment & IR General Manager of Investor Relations

Tel: +202 31315266 Tel: +202 31315219

Fax: +202 31316115 Fax: +202 31316115

E-mail: [email protected]

About Telecom Egypt

Telecom Egypt (TE), Egypt's incumbent telecommunications operator, started its operations in 1854 with the first telegraph line in Egypt. Then it was corporatized in 1998 to replace the former Arab Republic of Egypt National Telecommunication Organization (ARENTO). The Company is the largest provider of fixed-line services in the Middle East and Africa with 9.3 million subscribers as at 31 December 2010.

TE provides retail telecommunication services including access, local, long distance and international voice, Internet and data, and other services. The company also provides wholesale services including bandwidth capacity leasing to ISPs, and national and international interconnection services. Telecom Egypt's services also include the provision of narrowband and broadband internet access through its subsidiary TE Data. TE Data has active operations in Egypt and Jordan.

TE currently participates in the mobile segment in Egypt by providing mobile interconnectivity through its current, increased 44.95% holding in Vodafone Egypt, one of the three existing Egyptian mobile operators. TE's shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on the Egyptian Exchange and the London Stock Exchange.