Cairo, Egypt / 5 May, 2010 15:30 PM OCI Confirms Board Approval of Plan to Issue Bond Orascom Construction Industries (OCI) confirmed today that its Board of Directors has approved a plan to issue a bond valued at up to EGP 1.65 billion. The proceeds are expected to be used to finance general corporate purposes including, but not limited to, capital expenditures, potential acquisitions and balance sheet restructuring. The bond will be structured to have a bullet repayment with a five year maturity starting from the close of subscription. The final decision on the bond issuance is subject to shareholders' approval during the upcoming Extraordinary General Meeting (EGM) and to customary regulatory requirements. Further information will be made available in due course. For additional information contact: For additional information on OCI: OCI Investor Relations Department: www.orascomci.com Omar Darwazah Email: OCI stock symbols: OCIC.CA / ORCI EY / omar.darwazah@orascomci.com OCICqL / ORSD Erika Wakid Orascom Construction Industries (OCI) Email: Nile City Towers - South Tower erika.wakid@orascomci.com 2005A Corniche El Nil Cairo, Egypt Hassan Badrawi Director Tel: +202 2461 1036/0727/0917 Fax: +202 2461 9409 This information is provided by RNS The company news service from the London Stock Exchange END
Contact Information: Contacts: RNS Customer Services 0044-207797-4400 http://www.rns.com