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

August 29, 2013 04:15 ET

OCI Construction Group Awarded Contract in Algeria

Cairo, Egypt--(Marketwired - Aug 29, 2013) - Orascom Construction Inds, S.A.E. (LSE: ORSD)

OCI Construction Group Awarded Oil & Gas Contract in Algeria

OCI N.V. announced today that the OCI Construction Group has been
awarded a contract by Technip France (Technip) to execute greenfield
and brownfield work at Sonatrach's Algiers Refinery in Sidi Arcine,
located approximately 15 kilometres from the Port of Algiers. Technip
is the Engineering, Procurement and Construction (EPC) contractor on
site and OCI Algeria, a wholly-owned subsidiary of the OCI Construction
Group, will execute some of the civil works, paving works, underground
piping and related brownfield construction work as part of the
rehabilitation and adaptation of the refinery.

OCI Construction Group Chief Operating Officer, Osama Bishai,
commented: "We are pleased to announce a new contract award in Algeria
from our new client Technip. This recent contract award is a testament
to our strong presence in the country. We are also very pleased to
strengthen our existing relationship with a major client such as
Sonatrach and look forward to building on our relationship further in
the future."

About OCI N.V.:

OCI N.V. is a global nitrogen-based fertilizer producer and engineering&
construction contractor based in the Netherlands. The Fertilizer
Group owns and operates nitrogen fertilizer plants in the Netherlands,
the United States, Egypt and Algeria and has an international
distribution platform spanning from the Americas to Asia. The
Fertilizer Group ranks among the world's top fertilizer producers with
a fertilizer production capacity of nearly 7 million metric tons. The
Construction Group provides international engineering and construction
services primarily on infrastructure, industrial and high-end
commercial projects in the United States, Europe, the Middle East,
North Africa and Central Asia for public and private clients. The
Construction Group ranks among the world's top global contractors. OCI
N.V. employs more than 75,000 people in 35 countries around the globe
and is listed on the NYSE Euronext in Amsterdam.

For additional information contact:

Investor Relations Department:  For additional information on OCI N.V.:
Omar Darwazah           

Email:                          Mijnweg 1,        6167 AC Geleen,
                                The Netherlands
Erika Wakid
Email:                          OCI N.V. stock symbols: OCI / OCI.NA /           OCI.AS / OCINY

Hassan Badrawi

Tel: +202 2461 1036/0727/0917

Fax: +202 2461 9409

                    This information is provided by RNS
          The company news service from the London Stock Exchange


Contact Information