Investor Presentaiton

Group results 2015 Q1 highlights A satisfactory start to 2015 in a challenging and competitive environment • • Number of customers increased by 14% to 111 million, driven by Indonesia, Algeria, and Myanmar Q1 2015 revenue stable at QAR 8,037 million with strong performances in Qatar, Oman, Maldives and Myanmar, challenging market conditions remain in Iraq and Tunisia. Excluding the negative FX impact in Indonesia and Algeria, revenue increased by 3% EBITDA down 5% to QAR 3,205 million. Excluding the impact of currency depreciation (mainly in Indonesia and Algeria) the decrease in EBITDA was limited to 1 % • Excluding the adverse FX impact Net Profit decreased by 4%, instead of the reported 43% . Q1 2015 data revenue increased to 30% of Group revenue due to Ooredoo's strategy to market innovative services for consumer and B2B customers Asiacell launched 3G service in January - 2 million 3G customers; Ooredoo Kuwait launched 4G+ . Investment grade credit ratings maintained (Moody's “A2”, S&P "A-", Fitch "A+") . Post period: New USD 500 Mill. Revolving Credit Facility (RCF) signed in May 2015 ooredoo Ooredoo Capital Markets Day 25 May 2015 | 18

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