Doha, Qatar, 21 January 2015: Ooredoo Q.S.C. (“Ooredoo”) - Ticker: ORDS.QA notes that while Moody’s has affirmed its A2 long-term issuer rating, Moody’s has revised its outlook from stable to negative on the A2 long- term issuer rating of Ooredoo; the (P)A2 rating of Ooredoo’s global medium term notes programme issued by Ooredoo’s wholly owned finance vehicle, Ooredoo International Finance Limited; and the (P)A2 rating of the sukuk issuance programme Ooredoo Tamweel Limited. 

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