Admission to the Main Market of the Stock Exchange of shares TELNET HOLDING

On April 4, 2011, The Financial Market Council has granted a visa to "TELNET HOLDING" for his admission to the Main Market of the Stock Exchange under reference 11-0738.

Previously, on 18 February 2011, the Tunis Stock Exchange has given its agreement in principle to the admission of the shares of "TELNET HOLDING" on the Stock Exchange main market.

This consecration is the culmination of the sustained growth recorded by the Holding since its creation and the very high value of its services.

The offering of securities shall be open to the public from April 19 to May 10, 2011.

The offer shall be effected by the introduction of the placing on the market of 2 070 000 shares with a nominal value of 1 dinar each, and this, in the context of a price offer:

1. 828 000 new shares through a capital increase of the company, representing 7.51% of the capital after completion of this increase.

1. 1 242 000 ordinary shares from the sale by existing shareholders of existing shares, representing 11,26% of the capital after the completion of such increase.

As for the share price of the holding, it was set to 5,8 DT for both old shares and the new shares.

With this introduction, TELNET HOLDING entering a new phase in its continued expansion and acquire a more important dimension in the Tunisian economy and in the high technology sector, being the first Tunisian company of technology to be quoted .