The Board of Directors of Al Suwadi Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community that it has resolved the following at the meeting of the Board of Directors held on 28 July 2016:

1. Approval of unaudited financial statements for the six months period ended 30 June 2016 together with the Board of Directors’ Report.
2. Appointment of Ms. Arwa Al Alawi as Disclosure Officer of the Company.
3. Constitution of Nomination and Remuneration Committee of the Company through appointment of Mr. Kazuichi Ikeda, Mr. Nair Santosh Unni and Mr. Yaqoub Harbi Salim Al-Harthi  as its members.