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

July 02, 2013 03:10 ET

OCI Construction Group Awarded US$ 420 MM in KSA

CAIRO, EGYPT--(Marketwired - Jul 2, 2013) - Orascom Construction Inds, S.A.E. (LSE: ORSD)

                       Amsterdam, the Netherlands / 2 July, 2013 8:00 AM

OCI Construction Group Awarded USD 420 Million in Infrastructure
Projects in Saudi Arabia

OCI N.V. announced today that the OCI Construction Group, through its
subsidiary Orascom Saudi Limited Company (OSL), has concluded
negotiations for the award of infrastructure contracts worth a combined
value of SAR 1.6 billion (USD 420 million).

The projects will be executed at several locations in Saudi Arabia,
where the Construction Group is currently executing approximately USD
790 million worth of work, excluding these new contracts.

OCI Construction Group Chief Operating Officer, Osama Bishai,
commented: "These contracts reflect the OCI Construction Group's
on-going commitment to expand our Saudi Arabian operations. We are well
positioned to continue to grow our Saudi Arabian backlog by
capitalizing on our strong track record in executing large-scale
infrastructure projects in Saudi Arabia."

OCI expects to formally sign the contracts in the coming weeks.

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

Tel: +202 2461 1036/0727/0917

Fax: +202 2461 9409

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