SOURCE: Orascom Construction Inds, S.A.E.

May 17, 2012 05:25 ET

OCI Announces Results of AGM and EGM

CAIRO, EGYPT--(Marketwire - May 17, 2012) -

                                Cairo, Egypt / 17 May 2012, 10:00 AM

OCI Announces Results of Annual General Meeting and Extraordinary
General Meeting Approving the Company's Proposed Demerger

Orascom Construction Industries (OCI) announced the results of its
Annual and Extraordinary General Meetings convened earlier today.

At the Extraordinary General Meeting (EGM), the Company's shareholders
unanimously approved all resolutions on the meeting's agenda pertaining
to the demerger of OCI's construction business from its fertilizer
business. OCI reported a record shareholder participation rate of
84.48% of the Company's total outstanding shares at the EGM.

Shareholders also approved all resolutions on the Annual General
Meeting's (AGM) agenda as detailed in the Proxy Statement dated 1 May
2011 and available for download on OCI's corporate website: 

Hassan Badrawi

Tel: +202 2461 1036/0727/

Fax: +202 2461 9409

For additional information contact:
OCI Investor Relations Department:
Omar Darwazah
Erika Wakid
Hassan Badrawi
Tel: +202 2461 1036/0727/0917
Fax: +202 2461 9409

For additional information on OCI: 
OCI stock symbols: OCIC.CA / ORCI EY / OCICqL / ORSD
Orascom Construction Industries (OCI)
Nile City Towers - South Tower
2005A Corniche El Nil
Cairo, Egypt
                    This information is provided by RNS
          The company news service from the London Stock Exchange


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