Investor Presentaiton

21 Revenue Breakdown YOY Consolidated Revenue In EGP Millions 12 Months Period Ending Dec FY 2014 FY 2013 % Change Retail Services: Home Services Margin/Retail Services 3,129 60.64% 2,984 62.61% 4.84% Enterprise Solutions Margin/Retail Services 2,031 39.36% 1,782 37.39% 13.97% Total Retail Revenue 5,160 4,766 8.25% Margin/Total Revenue 42.44% 42.79% Wholesale Services: Domestic Wholesale Margin/Wholesale Services 2,681 38.32% 2,258 35.44% 18.74% International Carriers Affairs 3,067 3,142 -2.41% Margin/Wholesale Services 43.82% 49.32% International Customers & Networks Margin/Wholesale Services 1,250 17.86% 971 15.24% 28.71% Total wholesale Revenue 6,998 6,372 9.83% Margin/Total Revenue 57.56% 57.21% Total Revenues 12,158 11,138 9.15% Note: All financial figures reported are based on Consolidated financials under Egyptian Accounting Standards. HS BU IC&NBU ICA BU DW BU ES BU FY 2014 Results HS BU revenues increased primarily to the growing demand for broadband services reflecting an increase of 20% in ADSL subscriber base on 2013, and growth in data revenues by 29.4%, offsetting the decline in voice revenues. The rise in ES BU was mainly due to the expansion in New Urban Development Communities (i.e.: NUCA) generating an additional EGP 275 Million. The increase was attributable to the additional EGP 256 million, on FY 2013, from the introduction of new products to drive capacity sales on the new IRU model • The decrease was on-top of the unforeseen changes in retail activities in the Saudi market that had an aggressive impact in Q1 2014, having a net year-on- year downside of EGP 157 million. The increase was mainly due to the two major Cable Project transaction recognized in Q2 2014, providing crossing services to SMW-5 and AAE-1 cable systems, amounting for an additional EGP 543 Million on 2013. te

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