Cairo, Egypt / 7 February, 2011 7:30 AM Orascom Construction Industries (OCI) Resumes Activities in Egypt OCI announces that the Construction Group has resumed work on 50 locations across Egypt representing almost 90% of total work sites starting Sunday 6 February. Certain sites remain closed due to the joint venture nature of the projects. Management is actively communicating with partners and clients to resume work on these remaining sites. Our Fertilizer plants have continued to produce at normal operating rates. Several export shipments have been completed this week including 52 thousand tons of urea, which has been sold out through mid-March, as well as two ammonia vessels totaling 38.5 thousand tons which are expected to be completed shortly. Work at our head office has also resumed including all services. OCI's international operations across both the construction and fertilizer groups were unaffected by the events in Egypt and have continued to operate normally. About Orascom Construction Industries OCI is one of Egypt's largest corporations with projects and investments across Europe, the Middle East and North Africa. The company directly employs more than 88,000 people, including over 50,000 Egyptians and has generated US$ 3.6 billion in revenues and US$ 769 million in EBITDA during the first 9 months of 2010. OCI currently has two core business activities. The OCI Construction Group is a leading construction contractor active in emerging markets with a backlog of US$ 6.0 billion as at 30 September 2010. It primarily focuses on infrastructure projects in Europe, the Middle East and Africa in addition to industrial and high-end commercial projects. The OCI Fertilizer Group is a strategic owner and operator of nitrogen fertilizer plants in Egypt, the Netherlands and Algeria with an international distribution platform spanning Latin America, the United States, Europe and Africa. OCI recently announced a joint venture with Morgan Stanley to invest in infrastructure assets in the Middle East and Africa. The proposed joint venture is positioned to capitalize on Morgan Stanley Infrastructure's investing expertise and its global reach as well OCI's local and regional awareness of infrastructure needs. For additional information contact: OCI Investor Relations For additional information on OCI: Department: Omar Darwazah www.orascomci.com Email: OCI stock symbols: OCIC.CA / OCIC EY / omar.darwazah@orascomci.com OCICqL / ORSD / ORSCY Erika Wakid Orascom Construction Industries (OCI) Nile City Towers - South Tower Email: 2005A Corniche El Nil erika.wakid@orascomci.com Cairo, Egypt Hassan Badrawi Director 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 END
Contact Information: Contacts: RNS Customer Services 0044-207797-4400 http://www.rns.com