ANNOUNCEMENT

We have received a notification from the Public Establishment for Industrial Estates, Sohar Industrial Estate dated 23^rd November 2014 about the price increase of natural gas from 20.50 baizas to 41 baizas per standard cubic meter with effect from 01 January 2015 and a 3 % annual increase thereafter.

This increase will push up our total manufacturing cost for the year 2015 by approximately RO 500,000/- (Rial Omani Five hundred thousand only) at full capacity utilization.

Regards

FOR MAJAN GLASS COMPANY SAOG

Ramesh Mani

Chief Executive Officer