GO Plc

M&A Activity • Aug 23, 2016

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by GO p.l.c. ("the Company") pursuant to the Malta Financial Services Authority Listing Rules.

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go.com.mt

The Company refers to its previous company announcements issued in relation to the sales process for the shares in GO and to the offer made to the shareholders of GO by TT ML Limited (a wholly owned subsidiary of Tunisie Telecom) pursuant to the Voluntary Bid offer document published on 14 June 2016 in terms of Chapter 11 of the Listing Rules.

Further to those announcements, the Company announces that 66,281,050 ordinary shares in the Company, representing 65.4% of the entire issued share capital of the Company, have been transferred to TT ML Limited (a wholly owned subsidiary of Tunisie Telecom registered in Malta) with effect from today.

The Company also announces that Tunisie Telecom earlier today also issued a press release which is being reproduced below as part of this Company Announcement.

Creating a strong trans-Mediterranean telecoms operator: Tunisie Telecom acquires majority stake in GO p.l.c.

Tunis, 23 August 2016 – Tunisie Telecom is delighted to announce the successful conclusion of the Voluntary Public Offer ("the Offer") made by its fully owned subsidiary, TT ML Limited ("the Offeror"), for shares in GO p.l.c. ("GO" or "the Company"). As per announcement dated 17 August 2016, all the conditions to the Offer, set out in the Offer Document dated June 14, 2016, have been satisfied, and completion of the necessary share transfers as well as settlement of the Cash Consideration have been duly effected.

As a result of the completion of the Offer, through the Offeror Tunisie Telecom now holds 66,281,050 ordinary shares in GO, representing 65.4% of GO's total issued share capital. The remainder of the shares in GO are in free float on the Official List of the Malta Stock Exchange, thereby allowing GO to retain a strong local shareholder base.

LTRH - Apr 15 –

Commenting on the closing of the transaction, Nizar Bouguila, Chairman and Chief Executive Officer of Tunisie Telecom, said: "With today's transaction close, GO will become a key player within the Tunisie Telecom group, enabling us to capture key growth opportunities in Malta and Cyprus, both high potential European markets, and to fulfill our strategic objectives. We are confident that Tunisie

Telecom and GO can achieve more together than we can apart, unlocking numerous benefits and synergies for both companies that will enable us to deliver long-term value for all our stakeholders. I now look forward to working with GO's local management team to build on our combined strengths and start delivering on our vision to create a leading trans-Mediterranean telecoms platform spanning from North Africa to Malta, Cyprus and Greece."

The transaction was first announced on May 23, 2016, when GO declared it had selected Tunisie Telecom as the final preferred bidder for the Company's shares.

Media Contacts

Tunisie Telecom (Tunisia) Kaouther Khlifi Kaouther.Khlifi@tunisieteleco m.tn

Brunswick Group (International) Andrew Garfield / Ambre Tanty-Lamothe Tel: +44 (0) 20 7404 5959

Redorange (Malta) Alessandra Pace Tel: +356 27013002

About Tunisie Telecom

Founded more than 165 years ago, Tunisie Telecom is the fully integrated telecom services operator in Tunisia, with leading market positions across all segments with over 7 million customers and an employee base of c.7,500. Tunisie Telecom offers the largest mobile coverage in the country, owns and operates a nationwide fixed and fiber network infrastructure. This is complemented by an extensive submarine cable network allowing for direct and fully redundant connectivity with Europe, Africa and Asia. Tunisie Telecom's service offering ranges from 4G mobile broadband to Fiber-To-The-Home and Fiber-To-The-Building as well as cloud and IP-MPLS solutions for enterprises.

GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt Company Registration Number: C22334 VAT Number: MT 12826209

LTRH - Apr 15 –

go.com.mt

About GO p.l.c.

GO is Malta's first quadruple play operator, a truly converged and integrated communications and entertainment company with a wide range of services. As Malta's leading provider of telecommunications services, GO offers fixed and mobile telephony, broadband internet services, digital TV, in addition to business-related services including data networking solutions, IP services, managed services and colocation facilities. GO powers over 500,000 customer connections and services – thus making it the largest communications provider in Malta. GO has been in the business of communications for the past 30 years. GO owns a 51% stake in Cablenet, the fastest growing broadband operator in Cyprus.

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Dr. Francis Galea Salomone LL.D. Company Secretary

23 August 2016

GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt Company Registration Number: C22334 VAT Number: MT 12826209

LTRH - Apr 15 –

go.com.mt