OCI Construction Group Cairo, Egypt / 27 January, 2011 10:15 AM Orasqualia Awarded African PPP Water Deal 2010 by Euromoney's Project Finance Magazine Orascom Construction Industries (OCI) announced today that its 50/50 joint venture with Spanish group Aqualia (Orasqualia) has been awarded "African PPP Water Deal of the Year 2010" by Euromoney's Project Finance Magazine. The award recognizes innovation, best practice, problem solving, risk minimization and the economic value of infrastructure financings all over the world. Orasqualia was also awarded the "Water Deal of the Year" by Global Water Intelligence in May 2010. The waste water plant is Egypt's first PPP concession and will serve over one million people. The overall contract value during the concession period is EGP 2.646 billion and includes the Engineering, Procurement and Construction (EPC) of the plant and the Operations and Maintenance (O&M). Participant banks in the loan facility include National Societe Generale Bank (NSGB) SAE, Commercial International Bank (CIB) Egypt SAE, Arab African International Bank SAE and Ahli United Bank Egypt SAE. NSGB is acting as the facility agent and CIB is the security agent and technical bank. Baker and McKenzie acted as legal counsel for Orasqualia on this loan facility and Zulficar & Partners for the project lenders. About OCI Construction Group The Construction Group ranks among the top global contractors and operates under three distinct brands. The three groups provide a range of construction services in key regional markets in the Middle East and North Africa in addition to Europe, Africa and Central Asia. The Group primarily focuses on infrastructure (energy and related infrastructure including oil & gas, power and petrochemicals / social infrastructure including large-scale educational campuses and healthcare facilities / water including wastewater and desalination), transportation (including roads, airports, ports and railway), industrial and high-end commercial projects. To complement the construction business, OCI also owns and operates National Steel Fabrication, the largest manufacturer of fabricated steel products in the Middle East, and has investments in manufacturers of glass curtain walling, paints and concrete pipes. OCI recently announced a joint venture with Morgan Stanley to invest in infrastructure assets in the Middle East and Africa. The proposed joint venture is positioned to capitalize on Morgan Stanley Infrastructure's investing expertise and its global reach as well OCI's local and regional awareness of infrastructure needs. About Aqualia Aqualia, the Grupo FCC company specializes in water and serves more than 27 million people in over 1,100 municipalities worldwide. The Company, with a turnover of EUR872 million in 2009 and a business portfolio of almost 13,000, is currently working in several countries such as Spain, Italy, Portugal, Algeria, Czech Republic, Mexico and China. During 2007, Aqualia was named Water Company of the Year by Global Water Intelligence, an award that recognizes its international expansion over the last few years. In addition, the Company has received others awards such as Customer Service Leadership of the Year, from Frost & Sullivan, and Best of European Business, from Roland Berger. FCC is the parent company of one of Europe's leading citizen services groups in terms of both revenues and profitability. It has traditionally focused on growth through diversification: originally founded as a construction company, in 1911 it branched into municipal services with a contract to clean and maintain Barcelona's sewer network. Its business portfolio is now highly diversified. FCC's core businesses are environmental services and water management, construction of large infrastructure, cement production, and renewable energy production. It has a footprint in 54 countries worldwide and over 44% of its revenues come from outside Spain (mainly Europe and the US). Revenues in 2009 amounted to EUR12.7 billion and the group had 92,324 employees. For additional information contact: For additional information on OCI: OCI Investor Relations Department: www.orascomci.com Omar Darwazah Email:omar.darwazah@orascomci.com OCI stock symbols: OCIC.CA / OCIC EY /OCICqL / ORSD / ORSCY Erika Wakid Orascom Construction Industries (OCI) Email:erika.wakid@orascomci.com Nile City Towers - South Tower 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
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