Doha, Qatar

(QATAR TELECOM (QTEL) Q.S.C) HAS APPROVED THE 2012 FINANCIALS AND DECIDED TO RECOMMEND TO THE GENERAL ASSEMBLY TO DISTRIBUTE CASH DIVIDENDS OF 50% OF THE SHARE FACE VALUE.

The Board of Directors of Ooredoo, formerly known as Qtel Group met on March 03, 2013 and approved the financial statements for the year ended December 31, 2012.  The Board of Directors decided to recommend to the General Assembly to distribute a full year cash dividend of 50% of the share face value (QAR 5 for each share).

Ooredoo’s financial statements revealed the following for the twelve months ended December 31st.