This is to inform our shareholders and investors that Galfar has been awarded Tender No. RAEC-47/2014 on “Upgrading of Duqm Desalination Plant” by the Rural Areas Electricity Company SAOC, vide their Award Letter No. 197/P&C/RAEC/15 dated 14 June 2015, for RO 729,970 (Rial Omani Seven Hundred Twenty Nine Thousand Nine Hundred and Seventy). The completion period is 365 days including 14 days for mobilization. We expect reasonable income from this project.

For / Dr. Hans Erlings

Chief Executive Officer