In its statement to the Muscat Securities Market (MSM), Al Batinah Power Company announced that its Board of Directors convened on October 20, 2014.

The Board approved the Company’s unaudited financial statements for the nine-month period ended September 30, 2014 together with the Directors’ Report. Moreover, they approved a cash dividend of 6.5% per share (Baizas 6.5 per share) from the audited accounts of the Company for the year ended December 31, 2013 to the shareholders of Al Batinah Power Company, who are registered in the Company’s shareholders’ register with the Muscat Depository & Securities Registration Company as on December 1, 2014.

Furthermore, the Board approved the meeting of an ordinary general meeting (OGM) to elect Directors to the Board of Directors to fill in the vacancies in the Board of Directors, added to a approving an extra-ordinary general meeting (EGM) to consider, approve and adopt the amended Articles of Association of the Company in conformity with the requirements prescribed by the Capital Market Authority.

Al Batinah Power Company also announced appointing Mr. So Murakami as Secretary to the Board and as a Disclosure Officer, as well as the ratification of the appointment of Ms. Fatma Al-Harthy as Internal Auditor.