Adhoc News

Orascom Development Holding AG: Nine months results 2012 postponed to 6 December 2012

Orascom Development Holding AG / Key word(s): Quarter Results/Interim Report

23.11.2012 17:45

Release of an ad hoc announcement pursuant to Art. 53 KR

Nine months results 2012 postponed to 6 December 2012

Altdorf/Cairo, 23 November 2012 - Orascom Development announces that it will postpone the publication of its nine months 2012 financial results from 29 November 2012 to 6 December 2012. The company noticed the need for additional time to ensure data reliability and therefore management decided to postpone the publication date.

About Orascom Development Holding AG Orascom Development is a leading developer of fully integrated destinations that include hotels, private villas and apartments, leisure facilities such as golf courses, marinas and supporting infrastructure. Orascom Development's diversified portfolio of destinations is spread over nine jurisdictions (Egypt, UAE, Jordan, Oman, Switzerland, Morocco, Montenegro, United Kingdom and Romania), with primary focus on touristic destinations and budget housing. The Group currently operates six destinations; three in Egypt El Gouna, Taba Heights and Haram City, The Cove in United Arab Emirates and Jebel Sifah and Salalah Beach in Oman. Orascom Development has a dual listing, with a primary listing on the SIX Swiss Exchange and a secondary listing on the EGX Egyptian Exchange.

Contact Investor Relations Till Leisner +41 41 874 88 07 Sara El Gawahergy +2 01 205 20 52 18 ir@orascomdh.com

Contact Media Relations Daniel Göring +41 41 874 88 33 media@orascomdh.com

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