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In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
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Approval of Shareholders of EGM & OGM Resolutions

CAIRO, EGYPT -- (Marketwire) -- 02/13/13 --




                                Cairo,Egypt / 13 February 2013, 12:45 PM


OCI Announces Approval of Shareholders of all EGM and OGM Resolutions
Pertaining to OCI N.V. Offer

Orascom Construction Industries (OCI) announced the results of its
Ordinary and Extraordinary General Meetings were convened earlier
today. A total of 83.07% of the Company's shareholders were represented
at the meetings including 59.70% in shares representing the Sawiris
family and The Abraaj Group (Abraaj). At the request of Egyptian
Financial Supervisory Authority (EFSA), the Sawiris family, Abraaj, and
shareholders who have agreed to swap into OCI N.V. have all agreed to
abstain from voting on resolutions pertaining to matters related to the
share exchange offer by OCI N.V. and the planned mandatory tender offer
to holders of ordinary shares.

Attending minority shareholders approved all resolutions for both the
ordinary and extraordinary general meetings with 99.99% voting
favorably and 100 shares voting against.





For additional information contact:
                                   For additional information on OCI:
OCI Investor Relations
Department:
                                   www.orascomci.com
Omar Darwazah
Email:                             OCI stock symbols:
omar.darwazah@orascomci.com        OCIC.CA / ORCI EY /OCICqL / ORSD

Erika Wakid                        Orascom Construction Industries (OCI)
Email:                             Nile City Towers - South Tower
erika.wakid@orascomci.com          2005A Corniche El Nil
                                   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

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