Amsterdam, 15 October 2018 -

Global Telecom Holding S.A.E. ('GTH') (EGX: GTHE.CA), announces that:

The Company's press release dated 14/10/2018 mentioned by mistake that the independent financial advisor FinCorp Financial Advisory S.A.E ('FinCorp') report was reviewed by GTH's auditor PricewaterhouseCoopers and the correction is that Mansour&Co. PricewaterhouseCoopers did issue a limited assurance report in connection with the projected financial information included in the valuation report prepared by FinCorp.

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Global Telecom Holding SAE published this content on 16 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 October 2018 05:42:05 UTC