OTMT Announcement

Orascom Telecom Media and Technology Holding S.A.E.

Established pursuant to the provisions of Law 95/1992

Head Office: Nile City Towers, South Tower,

2005 A Croniche El Nile, Ramlet Beaulac, 11221, Cairo, Egypt

Authorized Capital: EGP 22 Billion

Issued Capital:

EGP: 2,203,190,060.40

(Fully paid)

Number of Issued Shares:

5,245,690,620

Summary of Board of Directors Resolutions

No: (3) of 2017

By Circulation

8 July 2017

On Saturday, the 8 of July 2017, the following members of the Board of Directors resolved:

· Eng. Naguib Onsi Naguib Sawiris - Executive Chairman;

· Eng. Akil Bashir - Non-Executive Deputy Chairman (independent);

· Eng. Tamer Mokhtar Ahmed El Mahdi - Managing Director;

· Mr. Ayman Mohamed El Tayeb Soliman - Non-Executive Expert Board Member;

· Eng. Khaled Galal Girgis Bishara - Non-executive Board Member;

· Mr. Iskandar Shalaby Naguib Rizk Shalaby - Non-Executive Board Member;

· Dr. Sameh Youssef El Torgoman - Non-Executive Expert Board Member;

· Mr. Ashraf Abdel Tawab Abdel Razak Salman - Non-Executive Expert Board Member (independent);

· H.E. Ambassador Mohamed Ibrahim Mahmoud Shaker Mohamed - Non-executive Board Member (independent).

The Board of Directors has decided the following:

Fist resolution: The Board of Directors unanimously resolved to approve the Audit Committee's report on the standalone and consolidated financial statements for the financial period starting on 1/1/2017 and ending on 31/3/2017.

Second resolution: The Board of Directors unanimously resolved to approve the Auditor's report on the standalone and consolidated financial statements for the financial period starting on 1/1/2017 and ending on 31/3/2017.

Third Resolution: The Board of Directors unanimously resolved to approve the Board of Directors' report on the standalone and consolidated financial statements for the financial period starting on 1/1/2017 and ending on 31/3/2017, as well as the outcome of the business for such period.

Fourth resolution: The Board of Directors unanimously resolved to approve the standalone and consolidated financial statements for the financial period starting on 1/1/2017 and ending on 31/3/2017, as well as the outcome of the business for said period.

The Board of Directors unanimously resolved to delegate Mr. Mostafa Mamdouh Abdel Razek, Mr. Oussama Daniel Nassif, Mr. Ashraf Hassan Zaki Elibrachy, Mr. Mostafa Mohamed Gaber Mohamed Elshafei, Mr. Hatem Hassan Tolba Mohamed and Mr. Mostafa Said Aly Mohamed jointly or severally to undertake all required procedures to ratify and receive these minutes from the Egyptian Financial Supervisory Authority.

Head of Investor Relation

Marwan Mohamed Hussein