Qatar Telecom (Qtel) Q.S.C.

Wataniya AGM Approves listing its shares on Qatar Exchange

Qtel Telecom Q.S.C (“Qtel”) announced today that at the Annual General Meeting (“AGM”) of its Kuwait listed subsidiary Wataniya Telecom (National Mobile Telecommunications Company K.S.C. or “Wataniya”), approval was granted to list Wataniya Telecom’s shares on the Qatar Exchange or any other foreign market, should the listing be in the best interest of the Company.

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About The Qtel Group

Qatar Telecom (Qtel) provides a full range of telecommunications services in Qatar and across its presence in 17 countries. Our vision is to be among the top 20 telecommunications companies in the world by 2020 through expansion in both the MENA region and South East Asia.

Qatar Telecom (Qtel) Q.S.C. cautions investors that certain statements contained in this document state management's intentions, hopes, beliefs, expectations, or predictions of the future are forward-looking statements. Management wishes to caution the reader that forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: Our ability to manage domestic and international growth and maintain a high level of customer service; Future sales growth; Market acceptance of our product and service offerings; Our ability to secure adequate financing or equity capital to fund our operations; Network expansion; Performance of our network and equipment; Our ability to enter into strategic alliances or transactions; Cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment; Regulatory approval processes; Changes in technology; Price competition; Other market conditions and associated risks.

The company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise.