Supporting your business in Francophone

North Africa

Commitment amp Expertise in North Africa

Fitting into Clifford Chance Africa overall initiative a team focuses particularly on North African

countries

Having worked on transactions in the region for many years

we can provide legal advice to you should you be a corporate an investor a commercial lender an

export credit agency a development agency andor a government

we are able to act on your side for a full range of services

we are at the forefront of developing innovative financing solutions and continue to adapt our

approach in light of clientsrsquo changing needs and dynamics of the current market

we have one of the leading North African legal practice which spans a range of industry sectors

including power oil and gas water mining and metals transport infrastructure leisure financial

services and telecoms

you can benefit from a fully integrated team with members from Paris London Dubai and

Washington DC in particular which allows to combine civil and common law expertise

We are also involved in a number of pro bonocommunity programmes

Ensuring clients achieve their objectives in

North Africa

2Supporting your business in Francophone North Africa

INTRODUCTION

The Francophone North Africa team covers the following countries

Algeria

Morocco

Tunisia

Clifford Chance Africa initiative

Organisation of the group

The continent has been divided into 8 geographic linguistic zonesareas of laws which are covered

by 8 dedicated teams as follows

Francophone North Africa

Anglophone North Africa

OHADA Zone and Francophone West and Central Africa

Anglophone West Africa

East Africa

Southern Africa

Lusophone Africa

Indian Ocean Islands

We also have a group dedicated to African Institutions and Organisations

Geographic scope

3Supporting your business in Francophone North Africa

GEOGRAPHIC SCOPE

We have been involved in many headline transactions in North Africa enabling clients to

leverage off our regional expertise and knowledge

We continue to do this across key sectors for banks corporates and governments in the

following sectors

Oil amp Gas

Power

Renewable Energies

Water amp Waste

Transport amp Infrastructure

Telecoms

Real Estate amp Tourism

Corporate MampA

Private Equity

Capital Market

Retail

Arbitration amp Litigation

Ground-breaking transactions in North Africa

4Supporting your business in Francophone North Africa

TRANSACTIONS

Algeria

Counsel to First Calgary Petroleums Ltd in relation to the development and financing of an upstream oil and

gas project in Algeria

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Algeria

Kahrama IWPP - Counsel to financial institutions in connection with water desalination facility and power in

Azrew Algeria

Hamma desalination plant - Advising OPIC with respect to the financing of the Hamma desalination plant

in Algeria

East-West motorway - Counsel to a potential investor in connection with the proposed East-West motorway

project in Algeria

Algiers and Djen Djen port concessions - Counsel to Dubai Port World in relation to the structuring and

negotiation of two port concessions in Algeria (in Algiers and Djen Djen)

Orascom and Telecoms Algeria - Advising CDC Capital Partners as mezzanine lender in relation to a

EUR 470 million co-financing from ECA ndash supported banks and DFIs (including DEG and Proparco) to

Orascom and Telecoms Algeria

Counsel to a major aircraft manufacturer in relation to litigation regarding aircraft sold and leased to Khalifa

Airlines an Algerian airline in receivership the first major bankruptcy in Algeria

Algerian Cement Company - Counsel to IFC EIB and DEG on the project financing of the Algerian Cement

Company in two phases (the first private sector project financing in Algeria)

Our recent experience in Algeria

5Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Fitting into Clifford Chance Africa overall initiative a team focuses particularly on North African

countries

Having worked on transactions in the region for many years

we can provide legal advice to you should you be a corporate an investor a commercial lender an

export credit agency a development agency andor a government

we are able to act on your side for a full range of services

we are at the forefront of developing innovative financing solutions and continue to adapt our

approach in light of clientsrsquo changing needs and dynamics of the current market

we have one of the leading North African legal practice which spans a range of industry sectors

including power oil and gas water mining and metals transport infrastructure leisure financial

services and telecoms

you can benefit from a fully integrated team with members from Paris London Dubai and

Washington DC in particular which allows to combine civil and common law expertise

We are also involved in a number of pro bonocommunity programmes

Ensuring clients achieve their objectives in

North Africa

2Supporting your business in Francophone North Africa

INTRODUCTION

The Francophone North Africa team covers the following countries

Algeria

Morocco

Tunisia

Clifford Chance Africa initiative

Organisation of the group

The continent has been divided into 8 geographic linguistic zonesareas of laws which are covered

by 8 dedicated teams as follows

Francophone North Africa

Anglophone North Africa

OHADA Zone and Francophone West and Central Africa

Anglophone West Africa

East Africa

Southern Africa

Lusophone Africa

Indian Ocean Islands

We also have a group dedicated to African Institutions and Organisations

Geographic scope

3Supporting your business in Francophone North Africa

GEOGRAPHIC SCOPE

We have been involved in many headline transactions in North Africa enabling clients to

leverage off our regional expertise and knowledge

We continue to do this across key sectors for banks corporates and governments in the

following sectors

Oil amp Gas

Power

Renewable Energies

Water amp Waste

Transport amp Infrastructure

Telecoms

Real Estate amp Tourism

Corporate MampA

Private Equity

Capital Market

Retail

Arbitration amp Litigation

Ground-breaking transactions in North Africa

4Supporting your business in Francophone North Africa

TRANSACTIONS

Algeria

Counsel to First Calgary Petroleums Ltd in relation to the development and financing of an upstream oil and

gas project in Algeria

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Algeria

Kahrama IWPP - Counsel to financial institutions in connection with water desalination facility and power in

Azrew Algeria

Hamma desalination plant - Advising OPIC with respect to the financing of the Hamma desalination plant

in Algeria

East-West motorway - Counsel to a potential investor in connection with the proposed East-West motorway

project in Algeria

Algiers and Djen Djen port concessions - Counsel to Dubai Port World in relation to the structuring and

negotiation of two port concessions in Algeria (in Algiers and Djen Djen)

Orascom and Telecoms Algeria - Advising CDC Capital Partners as mezzanine lender in relation to a

EUR 470 million co-financing from ECA ndash supported banks and DFIs (including DEG and Proparco) to

Orascom and Telecoms Algeria

Counsel to a major aircraft manufacturer in relation to litigation regarding aircraft sold and leased to Khalifa

Airlines an Algerian airline in receivership the first major bankruptcy in Algeria

Algerian Cement Company - Counsel to IFC EIB and DEG on the project financing of the Algerian Cement

Company in two phases (the first private sector project financing in Algeria)

Our recent experience in Algeria

5Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

The Francophone North Africa team covers the following countries

Algeria

Morocco

Tunisia

Clifford Chance Africa initiative

Organisation of the group

The continent has been divided into 8 geographic linguistic zonesareas of laws which are covered

by 8 dedicated teams as follows

Francophone North Africa

Anglophone North Africa

OHADA Zone and Francophone West and Central Africa

Anglophone West Africa

East Africa

Southern Africa

Lusophone Africa

Indian Ocean Islands

We also have a group dedicated to African Institutions and Organisations

Geographic scope

3Supporting your business in Francophone North Africa

GEOGRAPHIC SCOPE

We have been involved in many headline transactions in North Africa enabling clients to

leverage off our regional expertise and knowledge

We continue to do this across key sectors for banks corporates and governments in the

following sectors

Oil amp Gas

Power

Renewable Energies

Water amp Waste

Transport amp Infrastructure

Telecoms

Real Estate amp Tourism

Corporate MampA

Private Equity

Capital Market

Retail

Arbitration amp Litigation

Ground-breaking transactions in North Africa

4Supporting your business in Francophone North Africa

TRANSACTIONS

Algeria

Counsel to First Calgary Petroleums Ltd in relation to the development and financing of an upstream oil and

gas project in Algeria

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Algeria

Kahrama IWPP - Counsel to financial institutions in connection with water desalination facility and power in

Azrew Algeria

Hamma desalination plant - Advising OPIC with respect to the financing of the Hamma desalination plant

in Algeria

East-West motorway - Counsel to a potential investor in connection with the proposed East-West motorway

project in Algeria

Algiers and Djen Djen port concessions - Counsel to Dubai Port World in relation to the structuring and

negotiation of two port concessions in Algeria (in Algiers and Djen Djen)

Orascom and Telecoms Algeria - Advising CDC Capital Partners as mezzanine lender in relation to a

EUR 470 million co-financing from ECA ndash supported banks and DFIs (including DEG and Proparco) to

Orascom and Telecoms Algeria

Counsel to a major aircraft manufacturer in relation to litigation regarding aircraft sold and leased to Khalifa

Airlines an Algerian airline in receivership the first major bankruptcy in Algeria

Algerian Cement Company - Counsel to IFC EIB and DEG on the project financing of the Algerian Cement

Company in two phases (the first private sector project financing in Algeria)

Our recent experience in Algeria

5Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

We have been involved in many headline transactions in North Africa enabling clients to

leverage off our regional expertise and knowledge

We continue to do this across key sectors for banks corporates and governments in the

following sectors

Oil amp Gas

Power

Renewable Energies

Water amp Waste

Transport amp Infrastructure

Telecoms

Real Estate amp Tourism

Corporate MampA

Private Equity

Capital Market

Retail

Arbitration amp Litigation

Ground-breaking transactions in North Africa

4Supporting your business in Francophone North Africa

TRANSACTIONS

Algeria

Counsel to First Calgary Petroleums Ltd in relation to the development and financing of an upstream oil and

gas project in Algeria

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Algeria

Kahrama IWPP - Counsel to financial institutions in connection with water desalination facility and power in

Azrew Algeria

Hamma desalination plant - Advising OPIC with respect to the financing of the Hamma desalination plant

in Algeria

East-West motorway - Counsel to a potential investor in connection with the proposed East-West motorway

project in Algeria

Algiers and Djen Djen port concessions - Counsel to Dubai Port World in relation to the structuring and

negotiation of two port concessions in Algeria (in Algiers and Djen Djen)

Orascom and Telecoms Algeria - Advising CDC Capital Partners as mezzanine lender in relation to a

EUR 470 million co-financing from ECA ndash supported banks and DFIs (including DEG and Proparco) to

Orascom and Telecoms Algeria

Counsel to a major aircraft manufacturer in relation to litigation regarding aircraft sold and leased to Khalifa

Airlines an Algerian airline in receivership the first major bankruptcy in Algeria

Algerian Cement Company - Counsel to IFC EIB and DEG on the project financing of the Algerian Cement

Company in two phases (the first private sector project financing in Algeria)

Our recent experience in Algeria

5Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Algeria

Counsel to First Calgary Petroleums Ltd in relation to the development and financing of an upstream oil and

gas project in Algeria

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Algeria

Kahrama IWPP - Counsel to financial institutions in connection with water desalination facility and power in

Azrew Algeria

Hamma desalination plant - Advising OPIC with respect to the financing of the Hamma desalination plant

in Algeria

East-West motorway - Counsel to a potential investor in connection with the proposed East-West motorway

project in Algeria

Algiers and Djen Djen port concessions - Counsel to Dubai Port World in relation to the structuring and

negotiation of two port concessions in Algeria (in Algiers and Djen Djen)

Orascom and Telecoms Algeria - Advising CDC Capital Partners as mezzanine lender in relation to a

EUR 470 million co-financing from ECA ndash supported banks and DFIs (including DEG and Proparco) to

Orascom and Telecoms Algeria

Counsel to a major aircraft manufacturer in relation to litigation regarding aircraft sold and leased to Khalifa

Airlines an Algerian airline in receivership the first major bankruptcy in Algeria

Algerian Cement Company - Counsel to IFC EIB and DEG on the project financing of the Algerian Cement

Company in two phases (the first private sector project financing in Algeria)

Our recent experience in Algeria

5Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Morocco

SAMIR refinery - Advising banks and export credit agencies with respect to the financing of the upgrade of

the SAMIR refinery in Morocco

Safi Power Project - Counsel to International Power and Nareva in connection with the Safi independent

power project in Morocco

Safi Power Project - Counsel to the lenders in connection with the Safi independent power project in

Morocco

Tahaddart Power Project - Advised EDF and Endesa in connection with their involvement in Tahaddart

Power Project in Morocco

Jorf Lasfar IPP - We advised Shell in its capacity as coal provider in relation to the Jorf Lasfar IPP in

Morocco

Tarfaya Project - Advising a pool of banks in relation to the final bid for the construction operation and

financing of a 300 MW wind farm in Tarfaya (Morocco)

Port of Tangiers - Counsel to Attijariwafa Bank Banque Centrale Populaire and IFC for the financing of the

extension of the Port of Tangiers (Tanger Med II) Morocco

Bell Atlantic - Counsel to Bell Atlantic in its bid in relation to the awarding of the second GSM license in

Morocco

Maroc Telecom - Counsel to Telenor in relation to the privatisation of Maroc Telecom

Maroc Telecom ndash Advising the Moroccan Ministry of Public Services and Privatisation in relation to the

privatisation of the former telecommunications monopoly Itisalat Al MaghribMaroc Telecom

Meacutedi Telecom SA - Advised Banque Centrale Populaire and Attijariwafa Bank for the financing of the

acquisition by Fipar-Holding of a stake in the share capital of Meditel Sellers were Telefoacutenica and Portugal

Telecom

Our recent experience in Morocco

6Supporting your business in Francophone North Africa

EXPERIENCE

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Morocco

Meacutedi Telecom SA - Advising IFC in connection with the USD 16 billion telecoms financing project of Meacutedi

Telecom SA (Meditel) a cellular phone company which was awarded the second global systems for mobile

communications (GSM) license in Morocco

Pierre amp Vacances - Advised Pierre amp Vacances a company specialised in tourism listed on the Paris

Stock Exchange for a possible major investment in Morocco

Label Vie - Counsel to Carrefour on its joint-venture documentation package with Label Vie in Morocco

Our recent experience in Morocco (Contrsquod)

7Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Tunisia

Hasdubral gas field - Counsel to the African Development Bank in the context of a corporate loan to

Entreprise Tunisienne dActiviteacutes Peacutetroliegraveres for the purposes of financing its investment plan and in

particular the development of the Hasdrubal gas field located offshore Tunisia (200720082009)

MP Zarat - Counsel to the purchaser on the acquisition of petroleum interests owned by MP Zarat in Tunisia

Trans-Tunisian gas pipeline - Counsel to the arranger in relation to the refinancing of the Trans-Tunisian

gas pipeline project (AlgeriaTunisiaSpain )

CanamensMedex - Advising a junior oil and gas company in connection with the acquisition of assets in

Tunisia

Rades II power plant - Advising the project company in the context of construction claims negotiations with

respect to the Rades II power plant in Tunisia

British Gas Tunisia Ltd - Counsel to British Gas Tunisia Limited in relation to a 500 MW IPP in Tunisia

Enfidha and Monastir Airports - Advised the successful bidder (TAV Airports Holding AS) in connection

with the construction and operation of the new international Enfidha airport and with the operation of the

Monastir airport and related financing and refinancing

Orascom - Counsel to Orascom for the second GSM license in Tunisia

ldquoInternational Rivierardquo - Counsel to a property developer in the context of the ldquoInternational Rivierardquo real

estate development project in Monastir Tunisia

Advised Airbus in relation to the setting up of a low cost factory in Tunisia

Our recent experience in Tunisia

8Supporting your business in Francophone North Africa

EXPERIENCE

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Tunisia

Coordination and management with a local Tunisian firm for a French client relating to an important

litigation in Tunisia The object of the litigation is the breach of a commercial relationship with a local

Tunisian firm

Tunisie Telecom - Advising the lenders in relation with the financing of the acquisition of a 35 stake in

Tunisie Telecom

Our recent experience in Tunisia (Contrsquod)

9Supporting your business in Francophone North Africa

EXPERIENCE

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

ldquoBlending international reach with detailed knowledge of local markets Clifford Chance exhibits real skill in complex energy and

infrastructure projects as well as project finance The group is able to cope with the most demanding transactions including those involving

project bonds Islamic finance and asset acquisitions and is regularly sought out by financial institutions oil and gas majors export credit

agencies governments and fundsrdquo

Chambers Global Projects and Energy 2009

Supporting your business in Francophone North Africa 10

ldquoThe public law corporate and finance teams here come together to handle PPPs and form a very solid offering at Clifford Chance Building

on its pioneering experience (it was present on the very first PPPs in France) the firm is a clear leader for such projects in the country

Indeed such is its history in this area that it can ldquorely on its own precedents to guide its strategyrdquo The firmrsquos chief asset according to clients

is to ldquokeep us on the right track and greatly reassure usrdquo The firm is equally comfortable advising public authorities sponsors or private

companies with no restrictions on the kind of work it can take on board Peers were all praise for this firm stating ldquoTheyrsquore excellent

displaying the full range of qualities needed for PPPs Partners David Preacuteat and Daniel Zerbib are major names for PPPs in France Preacuteat

is the ldquotalented established reference for public lawrdquo who impresses with his ldquosolid experience and well-honed technical abilitiesrdquo Zerbib

meanwhile embodies the younger generation while his peers note his talent and mastery of the financial aspects of PPPs his clients are

equally pleased ldquoHis work is technically perfect hersquos always available and extremely solution-drivenrdquo

Chambers Europe ndash 1stTier for PFIIPPP ndash France (2008)

ldquoOutstanding and impressive outfitrdquo Though the team works mainly out of its Paris London and Washington offices it has drawn on the

skills of around 60 specialists from various branches to provide the ldquoexcellent bank of knowledgerdquo and ldquodetailed yet to-the-point advicerdquo that

clients have come to expectrdquo

Chambers Global ndash Top Tier for Projects and Energy (Africa) (20089)

ldquoAn established name in project finance work Clifford Chance has made significant steps towards expanding its corporate footprint across

the continent headlining on several significant MampA and capital markets transactions The lawyers ldquoimpress with the breadth and wealth of

knowledge that they bring to the tablerdquo Sources confirm that the team provides ldquoreally constructive advice which is conducive to getting the

deal done - the team has exactly the right chemistry needed to close a transactionrdquo

Chambers Global ndash 2nd Tier for Corporate amp Commercial (Africa) (2009)

The ldquo extremely professionalrdquo team at Clifford Chance is well established in the market for public law work ldquoHighly visible on star PPP

projectsrdquo the firm is seen as a leader on this kind of project having acted on many high-profile deals in the area its excellent work was

repeatedly praised by clients The firm also has extensive experience on transport infrastructure and has been present on a range of rail

road and air projects in France and other jurisdictions Competitors speak of their strong respect for the team Needing no introduction on

the French market David Preacuteat is the charismatic partner in charge of this team Extremely well respected by his peers he is described as

ldquoa gentleman who is ethical serious and a very good technicianrdquo Other well-esteemed lawyers describe him as the ldquobiggest dangerrdquo to their

work

Chambers Europe ndash 1stTier for Public Law ndash France (2008)

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Clifford Chance is involved in a number of pro bonocommunity programmes in Africa including

The Firm is a member of the Groupe dImpulsion Economique France-Maroc a group of CEOs of the

biggest French companies and Moroccan companies

The Firm is also a member of International Lawyers For Africa

The Clifford Chance Foundation supports

African Book Aid Program - establishment of a long-term cross-border program that will coordinate the

donation of legal textbooks to the libraries of eligible law schools in Africa and in particular in Morocco

Avocats sans Frontiegraveres one of the global projects the Foundation is supporting over the next three years

directs some of their activities toward access to justice in various African countries

Association Nuevos Caminos - funds used to support an organisation which undertakes cooperation

development and educational programmes for children ages 4 and 5 and their mothers in Ethiopia -

providing them not only with the necessary means and tools to make a living out of agriculture but also with

literacy schemes and healthcare support

Het Maagdenhuis - supports social projects particularly for the very poor the young and the aged Funds

are being used toward a project for the construction of two primary schools in neighbouring villages Efa and

Sofie an area approx 150 miles from the Togo capital Lomeacute

Malaika Kids - funds to be used in the construction of a school building comprising two classrooms at the

childrenrsquos village in Mkuranga in Tanzania Plus one yearrsquos support for 45 children to cover their food and

education

We are involved in a number of pro

bonocommunity programmes in Africa

11Supporting your business in Francophone North Africa

PRO BONOCOMMUNITY

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Key contacts

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

Head of the Francophone North Africa group

Co-head of the Arab Desk

Partner ndash Banking and Finance Group

Specialised in acquisition finance structured finance and

infrastructure projects

mustaphamourahibcliffordchancecom

Tel +33 1 44 05 51 52

Partner

Mustapha Mourahib

Co-head of CC Worldwide Projects

Energy and Infrastructure Group

Co-head of CC Africa Group

Leading Lawyer ndash Chambers Global ndash Africa (Projects

and Energy and CorporateCommercial) (2009 Edition)

Partner ndash Banking and Finance Group

Specialised in corporate and financial transactions in

the projects infrastructure and energy fields

anthonygiustinicliffordchancecom

Tel +33 1 44 05 59 26

Partner

Anthony Giustini

Key contacts

Supporting your business in Francophone North Africa 13

KEY CONTACTS

OFFICES

Abu Dhabi

Clifford Chance LLP

13th and 14th Floors

Al Niyadi Building

Airport Road

Sector W-1402

PO Box 26492

Abu Dhabi

United Arab Emirates

Tel +971 (0)2 419 2500

Fax +971 (0)2 419 2600

Bucharest

BADEA CLIFFORD CHANCE SCA

EXCELSIOR BUSINESS CENTER

28-30 ACADEMIEI STREET

12th FLOOR SECTOR 1

BUCHAREST 010016

ROMANIA

Tel +40 21 66 66 100

Fax +40 21 66 66 111

London

Clifford Chance LLP

10 Upper Bank Street

London

E14 5JJ

Tel +44 20 7006 1000

Fax +44 20 7006 5555

New York

Clifford Chance US LLP

31 West 52nd Street

New York NY 10019-6131 USA

Tel +1 212 878 8000

Fax +1 212 878 8375

Singapore

Clifford Chance Pte Ltd

One George Street

19th Floor

Singapore 049145

Tel +65 6410 2200

Fax +65 6410 2288

Amsterdam

Clifford Chance LLP

Droogbak 1A

1013 GE Amsterdam

PO Box 251

1000 AG Amsterdam

Tel +31 20 7119 000

Fax +31 20 7119 999

Dubai

Clifford Chance LLP

3rd Floor

The Exchange Building

Dubai International Financial Centre

PO Box 9380

Dubai United Arab Emirates

Tel +971 4 362 0444

Fax +971 4 362 0445

Luxembourg

Kremer Associeacutes amp Clifford Chance

2-4 place de Paris

BP 1147

L-1011 Luxembourg

Grand-Ducheacute de Luxembourg

Tel +352 48 50 50 1

Fax +352 48 13 85

Paris

Clifford Chance Europe LLP

9 Place Vendocircme

CS 50018

75038 Paris Cedex 01

France

Tel +33 1 44 05 52 52

Fax +33 1 44 05 52 00

Tokyo

クリフォードチャンス法律事務所 107-0052

東京都港区赤坂２丁目１７番７号赤坂溜池タワー７階（受付）電話 +(81 3) 5561 6600

ファックス+(81 3) 5561 6699

Bangkok

Clifford Chance (Thailand) Ltd

Sindhorn Building Tower 3

21st Floor

130-132 Wireless Road

Pathumwan

Bangkok 10330

Thailand

Tel +66 2 401 8800

Fax +66 2 401 8801

Duumlsseldorf

Clifford Chance

PO Box 32 01 25

40416 Duumlsseldorf

Koumlnigsallee 59

40215 Duumlsseldorf

Tel +49 211 43 55-0

Fax +49 211 43 55-5600

Madrid

Clifford Chance SL

Paseo de la Castellana 110

28046 Madrid

Spain

Tel +34 91 590 75 00

Fax +34 91 590 75 75

Prague

Clifford Chance LLP

Jungmannova Plaza

Jungmannova 24

110 00 Prague 1

Czech Republic

Tel +420 222 555 222

Fax +420 222 555 000

Warsaw

Clifford Chance

Norway House

ulLwowska 19

00-660 Warsaw

Poland

Tel +48 22 627 11 77

Fax +48 22 627 14 66

Barcelona

Clifford Chance SL

Av Diagonal 682

08034 Barcelona

Spain

Tel +34 93 344 22 00

Fax +34 93 344 22 22

Frankfurt

Clifford Chance

PO Box 11 14 42

60049 Frankfurt am Main

Mainzer Landstrasse 46

60325 Frankfurt am Main

Tel +49 69 71 99-01

Fax +49 69 71 99-4000

Milan

Clifford Chance Studio Legale

Piazzetta MBossi 3

20121 Milan

Italy

Tel +39 02 806 341

Fax +39 02 806 34200

Rome

Clifford Chance Studio Legale

Palazzo Gentili

Via Sistina 4

00187 Rome

Italy

Tel +39 06 422 911

Fax +39 06 422 91200

Washington DC

Clifford Chance US LLP

2001 K Street NW

Washington DC 20006 - 1001 USA

Tel +1 202 912 5000

Fax +1 202 912 6000

Beijing

Clifford Chance LLP

高伟绅律师事务所Room 3326

China World Tower 1

No 1 Jinguomenwai Dajie

Chaoyang District

Beijing 100004

Peoples Republic of China

Tel +86 10 6505 9018

Fax +86 10 6505 9028

Hong Kong

CLIFFORD CHANCE

高偉 紳 律 師 行28th Floor

Jardine House

One Connaught Place

Hong Kong

Tel +852 2825 8888

Fax +852 2825 8800

Moscow

Clifford Chance CIS Limited

Ul Gasheka 6

125047 Moscow

Russia

Tel +7 495 258 5050

Fax +7 495 258 5051

Satildeo Paulo

Clifford Chance Ltda

Rua Helena 260 - 6th Floor

04552-050 Satildeo Paulo SP

Brasil

Tel +5511 3049 3188

Fax +5511 3049 3198

Brussels

Clifford Chance LLP

Avenue Louise 65

Box 2

1050 Brussels

Belgium

Tel +32 2 533 5911

Fax +32 2 533 5959

Kyiv

Clifford Chance LLC

75 Zhylyanska Street

01032 Kyiv Ukraine

Tel +38 (044) 390 5885

Fax +38 (044) 390 5886

Munich

Clifford Chance

PO Box 34 01 63

80098 Muumlnchen

Theresienstrasse 4-6

80333 Muumlnchen

Tel +49 89 216 32-0

Fax +49 89 216 32-8600

Shanghai

Clifford Chance LLP

40th Floor

Bund Centre

222 Yan An East Road

Shanghai 200002

China

Tel +86 21 6335 0086

Fax +86 21 6335 0337

Riyadh

Al-Jadaan amp Partners Law Firm

Fifth Floor

Al Umam Commercial Center

Siteen Street

Al-Malaz

Riyadh KSA

PO Box 3515 Riyadh 11481

Kingdom of Saudi Arabia

T +966 1 478 0220

F +966 1 476 9332

plus a co-operation agreement with Al-Jadaan amp Partners Law Firm

Clifford Chance has a co-operation agreement with Al-Jadaan amp Partners Law Firm

Worldwide Contact Information

29 offices in 20 countries

Clifford Chance 9 Place Vendocircme CS 50018 75038 Paris Cedex 01 France

copy Clifford Chance Europe LLP 2009

Clifford Chance Europe LLP

PARIS-1-1044261-v3

Supporting your business in Francophone North Africa

Clifford Chance 9 Place Vendocircme CS 50018 75038 Paris Cedex 01 France

copy Clifford Chance Europe LLP 2009

Clifford Chance Europe LLP

PARIS-1-1044261-v3

Supporting your business in Francophone North Africa