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Contribution to Egypt Telecom loan

On 30th October 2006, Banque Misr signed a contribution contract in the syndicated loan of Egypt Telecom, a prominent company in the communications sector, which totaled L.E. 4.525 billion (4 billion five hundred and twenty five million Egyptian Pounds) with a view to increasing Telecom Egypt's shares in Vodafone Egypt to reach 49.2%.
National Bank of Egypt and Citibank act as loan agents.