Highlights:

- confirmation of return to revenue growth (+1.3% in the second quarter);
- continued expansion of customer bases: +9.2%, to 38 million customers;
- steady fixed-line growth in Morocco (+5.5%),attributable to growth in customer bases for fixed lines (+9.0%) and broadband (+22.3%);
- rapid growth in data, which accounted for 18.4% of mobile ARPU in Morocco,
compared with 14.2% in 2013;
- steady growth maintained in subsidiaries:revenues and EBITDA up 10.9% and 4.4%
respectively on a like-for-like basis;
- substantial EBITDA Group margin maintained, at 55.2%;
- new milestone in the Company's international development strategy. On May 4, 2014, an agreement was concluded with Etisalat for the acquisition of its subsidiaries in Benin, Ivory Coast, Gabon, Niger, the Central African Republic, and Togo.

Outlook for 2014 unchanged (for present scope of consolidation):

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