PTTEP Sets Up Shop in Egypt



PTTEP has established three new subsidiaries to carry out projects in Arab Republic of Egypt. Details of the subsidiaries are outlined below.

PTTEP Egypt Company Limited, established on November 8, 2007, with fully paid-up registered capital of US $50,000, consisting of 50,000 ordinary shares at US $1 each, with 100% shareholding by PTTEP Holding Company Limited (a subsidiary of PTTEP).

PTTEP Rommana Company Limited, established on November 8, 2007, with fully paid-up registered capital of US $50,000, consisting of 50,000 ordinary shares at US $1 each, with 100% shareholding by PTTEP Egypt Company Limited (a subsidiary of PTTEP).

PTTEP Sidi Abd El Rahman Company Limited, established on November 8, 2007, with fully paid-up registered capital of US $50,000 dollars, consisting of 50,000 ordinary shares at US $1 each, with 100% shareholding by PTTEP Egypt Company Limited (a subsidiary of PTTEP).

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