Investor Presentaiton

36 Vodafone Egypt Highlights VFE's Subscribers Base / Voice Minutes (In Million Subs/In Billion Minutes) VFE's Financial Highlights (In EGP Millions) VFE Subscribers Voice Minutes Revenue NPAT 45 40 40.2 35 36.8 30 31.8 25 20 15 43.2 10 5 0 0 ON WO 100 90 41.9 39.5 80 13,152 13,449 12,572 70 12,064 12,093 71.3 68.4 68.2 50 57.5 40 20 2,908 2,002 L L L L L 1,948 1,990 1,849 Q4 2010 Q4 2011 Q4 2012 Q4 2013 Q4 2014 Q4 2010 Q4 2011 Q4 2012 Q4 2013 Q4 2014 VFE's Capital Expenditure (In EGP Millions / In Percent %) VFE's Contribution to te's Net Profit (In EGP Millions / In Percent %) CAPEX O-Capex/Sales IVFE Contribution -0% of te's NPAT 3,500 70% 1,600 90.0% 3,000 60% 1,400 80.0% 3,160 1,200 1,345 70.0% 2,500 50% 60.0% 2,000 2,394 2,302 2,385 1,000 40% 831 50.0% 2,086 800 969 900 1,500 876 30% 40.0% 600 42.8% 40.9% 30.0% 1,000 20% 23.5% 400 33.4% 32.7% 30.1% 20.0% 19.8% 500 19.0% 18.1% 16.6% 10% 200 10.0% 0 0% 0 0.0% Q4 2010 Q4 2011 Q4 2012 Q4 2013 Q4 2014 Q4 2010 Q4 2011 Q4 2012 Q4 2013 Q4 2014 te

View entire presentation