Telecom Egypt S.A.E (ETEL.CI) said Tuesday that it has agreed with Vodafone Group PLC (VOD.LN) that it is in the best interest of Vodafone Egypt that the current ownership structure should remain in place.

MAIN FACTS:

-The Parties remain committed to working together to ensure the ongoing success of Vodafone Egypt.

-By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; tommy.stubbington@dowjones.com