Private Tranche oversubscription

GOURMET EGYPT.COM FOODS S.A.E. ANNOUNCES THE SUCCESSFUL PRICING OF ITS INITIAL PUBLIC OFFERING AT THE TOP END OF THE PREVIOUSLY ANNOUNCED OFFERING PRICE RANGE; PRIVATE TRANCHE IS 12.22x OVERSUBSCRIBED

Gourmet Egypt.Com Foods S.A.E. (“Gourmet” or “GE” or the “Company”), a leading premium grocery retailer, today announces the successful conclusion of its bookbuilding process and the pricing of its initial public offering (the “IPO” or the “Offering”) of ordinary shares (the “Shares”, each a “Share”) at EGP 6.90 per share (the “Offer Price” or the “Final Price”), representing the top…