Telecom Egypt ordinary shares are traded on the Egyptian Exchange (EGX), and the Global Depositary Receipts (GDRs) on the London Stock Exchange (LSE). TE shares in EGX are traded as ordinary shares under the ticker symbol “ETEL.CA”. Both Egyptian and foreign investors and stock brokers can trade TE shares directly. TE shares are traded on LSE as GDRs under the ticker symbol “TEEG.LN”. One GDR share equals 5 ordinary shares. The GDR programme is managed by The Bank of New York Mellon (BONY).