Half Yearly Report

Ooredoo Q.S.C.

Standard & Poor's Affirms Ooredoo at 'A-'; Outlook Stable

Doha, Qatar, 11 January 2016: Ooredoo Q.S.C. ("Ooredoo") - Ticker: ORDS - notes Standard and Poor's affirmation of Ooredoo's long term corporate credit ratings at 'A-'. In their latest research update Standard and Poor's highlights its view of Ooredoo's improved liquidity due to significant cash balances and a balanced debt maturity profile. Their assessment of Ooredoo's competitive positioning has also been revised upwards.

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About Ooredoo

Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named "Most Innovative Company of the Year - MEA Region" at the 2015 International Business Awards.

The company reported revenues of US$ 9.1 billion in 2014 and had a consolidated global customer base of 114.9 million customers as of 30 September 2015. Ooredoo's shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.