With great pleasure, I would like to inform our esteem shareholders and investors that Rural Areas Electricity Company SAOC has extended the contract for Electricity Meters Reading, Billing and Collection awarded to Oman National Engineering & Investment Company (SAOG) for the period of one year ending on 31/1/2016 for the total amount of RO 979,389 (Rials Omani, Nine Hundred Seventy Nine Thousand Three Hundred Eighty One Only). The Company anticipates realization of reasonable profit margin.

Eng.  M. Amin Mustafa AL Saleh

Chief Executive Officwe