Bharti Airtel Ltd.

Bharti Airtel, a 79.06% shareholder in Airtel Networks, Nigeria (Airtel Nigeria) is not satisfied with the judgment of the Court of Appeal, Lagos delivered on February 14, 2014 and will lodge an appeal against that decision at the Supreme Court of Nigeria. Bharti Airtel states that the judgment has no impact on the equity holding of Bharti Airtel or of the other shareholders in Airtel Nigeria. Airtel Nigeria has already launched an appeal before the Supreme Court of Nigeria against the Judgment of the Court of Appeal in Kaduna in the matter relating to Econet's claim for 5% shares in Airtel Nigeria. These shares in any case are held in an escrow account and do not affect Bharti Airtel's 79.06% in Airtel Nigeria.

Bharti Airtel and Airtel Nigeria have full confidence in the laws of the land, and believe the Supreme Court in Nigeria will determine the appeals on merits. Airtel wishes to assure its customers, employees and business partners that these judgments will in no way affect operations of Airtel Nigeria.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.