Abrasives Manufacturing held an ordinary annual general Meeting for the financial year ended 31st December 2012, and the following decisions were taken:

1. Consideration and approval of the report of the board of directors for the financial years ending on 31st. Dec. 2012: The report was considered and approved.
2. Consideration and approval of corporate governance report for the financial year ending on 31st. Dec. 2012: The report was considered and approved.
3. Consideration of the auditor's report and approval of the balance sheet and the profit and loss account for the financial year ending on 31st. Dec. 2012: The report was considered and approved.
4. Inform the meeting of related party transactions during the financial year ending on 31st. Dec. 2012 as attached for approval: The transactions were informed and approved.
5. Consideration and approval of related party transactions proposed during the financial year ending on 31st. Dec. 2013 as attached: The transactions were discussed and approved.
6. Appointment of the auditors of the company for the financial year ending on 31st. Dec. 2013 and specify their fees: Received offers have been presented and M/s Baker Tilly MKM (Oman) have been selected and their fees have been determined. The meeting was summed at 4:00pm.