Ooredoo Nine Month Revenue Increases 3 Percent to QAR 25.7 Billion

Net Profit Attributable to Shareholders stood at QAR 2,069 Million

Doha, Qatar: Ooredoo today announced that Group revenue grew by 2.6% year-on-year to QAR 25.65 billion (9M 2012: QAR 25 billion) over the first nine months of 2013. This increase was fuelled by continued strong performances in Qatar, Algeria and Iraq.

As of 30 September 2013, the Group's consolidated customer base stood at 89.6 million (9M 2012: 89.2 million), representing year-on-year growth of 0.4%.

Net profit attributable to Ooredoo shareholders was QAR 2,069 million, representing a 4% year-on-year decrease (9M 2012: QAR 2,156 million). Net profit attributable to Ooredoo shareholders includes Foreign Exchange losses, primarily from Indosat. Excluding this FX impact, the Net Profit to Ooredoo shareholders stood at the same level as in Q3 2012 and increased by 12% for 9 months 2013.

Group EBITDA decreased by 3.2 percent year-on-year in the period, to stand at QAR 11.29 billion (9M 2012: QAR 11.67 billion).EBITDA margin at the end of 9M 2013 was 44% (9M 2012: 47%).

Positioning the company for future growth, Ooredoo Myanmar continued the commercial roll-out of next generation of mobile services and, post-period, Nedjma was granted a provisional license to operate 3G services by the Algerian Regulatory Authority for Post and Telecommunications.

Commenting on the results, His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani, Chairman of Ooredoo said: “Our success as a business comes from the strength of our relationship with our customers. Throughout the year, as we have transformed our brand and executed our strategy for growth, we have remained focused on supporting human growth in all its aspects. Through new initiatives such as investments in sports sponsorship, youth coaching and other community programmes, we are making a positive contribution to the lives of our customers and reinforcing our role as a trusted provider and partner. We look to the final quarter with confidence and believe that we are well placed for a robust outcome to the year as a whole.”

Ooredoo will publish its 1H 2013 financial statement on its website, accessible at: www.Ooredoo.com.

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 South-East 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 and Indonesia. The company reported revenues of $9.3 billion U.S. dollars in 2012 and had a consolidated global customer base of more than 89. 6 million as of 30 September 2013. Ooredoo's shares are listed on the Qatar Exchange and the Abu Dhabi Securities Exchange.