Orascom Telecom Holding renamed to

Cairo/London, September 22, 2013: The company is pleased to announce that it has changed its name to “Global Telecom Holding S.A.E.”. The Egyptian Stock Exchange (“EGX”) and the London Stock Exchange (“LSE”) will amend the new name of the company, “Global Telecom Holding S.A.E.”, and amend the ticker symbol on the trading screens to “GTHE.CA” on the EGX and “GLTD:LI” on the LSE with effect from September 23, 2013. This gives effect to the decision of the shareholders at the Extraordinary General Assembly Meeting held on November 12, 2012.

All references to the previous company name shall be substituted by the new name. The company was obliged to change its name as part of the S.p.A. and VimpelCom Ltd. merger, under which the company and its subsidiaries were required to cease the use of the “Orascom” name, designs and logos.

Ahmed Abou Doma, Group CEO of Global Telecom Holding S.A.E. commented: “Our new name and corporate identity are intended to provide a modern look and feel, and emphasize our specific strengths as an international telecom group. The Global Telecom Holding S.A.E. new corporate identity allows our group to leverage on the goodwill, the strong growth and outstanding performance of our parent company VimpelCom Ltd. and will provide our organization with a solid platform to build upon in our upcoming endeavors and growth potential in the telecom sector.”

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About Global Telecom Holding: Global Telecom (“GTH”) is a leading international company operating GSM networks in high growth markets in the Middle East, Africa and Asia, having a total population under license of approximately 459 million with an average penetration of approximately 53% as of June 30, 2013. Global Telecom operates GSM networks in (“”), (“”) and (“”) and has an indirect equity shareholding in Globalive Canada (“WIND Mobile”). In addition it has an indirect equity ownership in Telecel (Zimbabwe) and, through its subsidiary Telecel Globe, GTH also operates in and the . Global Telecom reached over 86 million subscribers as of June 30, 2013.

Global Telecom is traded on the Egyptian Exchange under the symbol “GTHE.CA”, and on the London Stock Exchange its GDSs are traded under the symbol “GLTD:LI”.

Investor Relations Contacts: Mamdouh Abdel Wahab Head of Investor Relations Email: [email protected] Tel: +202 2461 5120/21 : +202 2461 5055/54 Website: www.gtelecom.com