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Blue Ridge Capital Holdings LLC

The Offering Circular relating to the offering of 1,250,000 registered shares (and an over-allotment option for up to 185,000 registered shares) of Orascom Development Holding AG dated 13 May 2008, page 99 (Principal Shareholders), has to be corrected as follows with respect to the shareholdings of Blue Ridge, Janus and Others/Public in Orascom Development Holding AG: Holding immediately prior to the offering: Blue Ridge: 851 660 shares, 4.09% of voting rights Janus: 1 007 515 shares, 4.84% of voting rights Others/Public: 5 443 238 shares, 26.15% of voting rights Expected holding upon completion of the offering (assuming Over-Allotment Option not exercised): Blue Ridge: 851 660 shares, 3.86% of voting rights Janus: 1 007 515 shares, 4.57% of voting rights Others/Public: 6 543 238 shares, 29.65% of voting rights Expected holding upon completion of the offering (assuming full exercise of Over-Allotment Option): Blue Ridge: 851 660 shares, 3.83% of voting rights Janus: 1 007 515 shares, 4.53% of voting rights Others/Public: 6 728 238 shares, 30.23% of voting rights * The figures do not take into consideration any additional Shares expected to be issued in response to tenders of OHD shares received after expiry of the Exchange Offer. Blue Ridge Capital Holdings LLC with its principal office at 660 Madison Avenue, New York, New York 10065, is the general partner of Blue Ridge Limited Partnership, which holds 533,984 Shares, with its principal office at 660 Madison Avenue, New York, New York 10065. Blue Ridge Capital Offshore Holdings LLC with its principal office at 660 Madison Avenue, New York, New York 10065, is the general partner of Blue Ridge Offshore Master Limited Partnership, which holds 317,676 Shares, with its principal office at P.O. Box 309, Grand Cayman KY1-1104, Cayman Islands. Janus Capital Management LLC with its principal office at 151 Detroit Street, Denver, CO. 80206, is the investment adviser of Janus Overseas Fund, which holds 671,025 Shares, with its principal office at 151 Detroit Street, Denver, CO. 80206. Janus Capital Management LLC with its principal office at 151 Detroit Street, Denver, CO. 80206, is the investment adviser of Janus Adviser International Growth Fund, which holds 110,424 Shares, with its principal office at 151 Detroit Street, Denver, CO. 80206. Janus Capital Management LLC with its principal office at 151 Detroit Street, Denver, CO. 80206, is the investment adviser of Janus Aspen Series International Growth Portfolio, which holds 226,066 Shares, with its principal office at 151 Detroit Street, Denver, CO. 80206.; 13.05.2008