In lines with new Capital Market Authority’s guidelines vide circular number E/5/2014 for public companies to publish their results as soon as they are available, we are pleased to announce our initial summary financials as follows: -

Amount in RO'000s

Group consolidated financial summary as on

31-Dec-15

31-Dec-14

Change

Total Income

4,550

6,153

-26%

Total Expenses

(1,716)

(1,818)

-6%

Net Profit after tax

2,691

4,254

-37%

Net Profit attributable to the parent company

2,223

3,719

-40%

Earnings per share RO - Annualised

0.020

0.033

-39%

Total comprehensive income

           1,642

          4,273

-62%

We would like to state that the above preliminary financials are subject to review and recommendation by the Audit Committee and final approval of the Board of Directors.

Kind regards

Reji Joseph,

Chief Executive Officer