Ooredoo Announces New Fitch Rating

Ooredoo Q.S.C.

Fitch Affirms Ooredoo at 'A+'; Outlook Stable

Doha, Qatar, 19 March 2015: Ooredoo Q.S.C. ("Ooredoo") - Ticker: ORDS.QA - notes Fitch's affirmation of Ooredoo's Long-term foreign currency Issuer Default Rating at 'A+' with Stable Outlook. In addition, Fitch has also affirmed Ooredoo's outstanding Bonds and Sukuk issues, including Ooredoo International Finance Limited's global medium-term note programme and Ooredoo Tamweel Limited's Sukuk programme at 'A+'.

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About Ooredoo

Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named "Best Mobile Operator of the Year" at the World Communication Awards 2013.

The company reported revenues of US$ 9.1 billion in 2014 and had a consolidated global customer base of more than 107 million people as of 31 December 2014. Ooredoo's shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.