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Celcom's solicitors have today received a letter dated 30 August 2005 from the Secretariat of the ICC International Court of Arbitration enclosing the final award dated 2 August 2005 handed down by the Arbitral Tribunal pursuant to the Rules of the ICC International Court of Arbitration.

The Arbitral Tribunal has found Celcom liable for breach of the Amended and Restated Supplemental Agreement dated 4 April 2002 between inter alia Celcom and DeTe.

The Arbitral Tribunal has consequently found Celcom liable to DeTe in respect of the following sums:

(i) the sum of USD177,243,609 ("the principal sum") plus USD16,252,139 representing simple interest at the rate of 8% for the period from 16 October 2002 to 27 June 2003 and simple interest at the rate of 8% on the principal sum awarded from 28 June 2003 until payment.
(ii) the costs of the arbitration in the amount of USD820,000 (of which the sum of USD410,000 representing Celcom's share of costs has already been paid).
(iii) the sum of USD1,800,000 representing legal costs.

Celcom is seeking legal advice in respect of options available regarding the decision of the Arbitral Tribunal.