Investor Presentaiton

Q1 2015 financial and operational highlights Financial KPIs in bn DZD Q1 Q1 Q4 Q1 (1 US$ 93.1 dzd) YOY QoQ (Avg FX during Q1 2015) 2014 2015 2014 2015 Revenue 23,631 25,839 +9.3% 26,021 25,839 -0.7% EBITDA 9,140 9,337 +2.2% 2,614 9,337 +257.2% EBITDA Margin 38.7% 36.1% -2.6ppt 10.0% 36.1% +26.1ppt Profit / Loss 3,333 -1,505 -145% -5,124 -1,505 +70.6% Revenue Share (%) 33.3% 35.5% +2.2ppt 34.3% 35.5% +1.2ppt Data Revenue 10.4% 16.8% +6.4ppt 12.9% 16.8% +3.9ppt Weight (%) Data Market 61.7% 57.9% -3.8ppt 60.7% 57.9% -2.8ppt Revenue Share (%) ooredoo Ooredoo Capital Markets Day | 25 May 2015 7

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