GLOBAL TELECOM HOLDING ANNOUNCES CONCLUSION OF SHARE BUY-BACK WITH 2.53X OVERSUBSCRIPTION

Amsterdam (17 February 2017) - Global Telecom Holding S.A.E. ('GTH' or the 'Company') (EGX:

GTHE.CA, LSE: GLTD:LI), an Egyptian joint stock company, today announces that, following the Expiration

Date, the number of Buy-Back Shares which have been offered for sale in the Share Buy-Back is

1,328,092,079 Shares. In accordance with the announcement made by the Company on 16 January 2017

(the 'Announcement') and the terms of the EGX Share Buy-Back Application, the number of Buy-Back

Shares which will be accepted for sale in the Share Buy-Back is 524,569,062. Accordingly, the number of

Buy-Back Shares which will be accepted from each Shareholder who offered Buy-Back Shares into the

Share Buy-Back will be scaled down pro-rata in relation to the total number of Buy-Back Shares so offered

for sale.

Global Telecom Holding SAE published this content on 17 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 February 2017 07:07:02 UTC.

Original documenthttp://www.gtelecom.com/ir-news-details?articleId=209927

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