“With reference to our disclosure dated 1^st July 2015, on the proposed merger with BankDhofar, Bank Sohar announces that it has appointed legal and financial consultants to proceed with Due Diligence process, as agreed with BankDhofar vide the non-binding Memorandum of Understanding (MoU) signed between both banks earlier this year. We shall keep the shareholders and the market apprised of developments in this regard, through suitable disclosures in line with the disclosure requirements”.