Annual General Meeting (AGM) of Muscat Gases Company SOAG was held at 5 pm on Tuesday, 24^th March 2015 at Park Inn Hotel – Al Khuwair and the following resolutions were passed in the meeting.

1. The Shareholders approved the Board of Directors report for the year ended  31/12/2014.

2. The Shareholders approved the Corporate Governance Report for the year ended in 31/12/2014.

3. The Shareholders approved the Audited Financial Statements for the year ended in 31/12/2014.

4. The Shareholders approved the distribution of Cash Dividend of 40% of the paid up Capital (40 Baizas per share).

5. The Shareholders approved the sitting fees for the Board & other committees for the year ended 31^st December 2014 and proposed sitting fees for the financial year 2015.

6. The Shareholders approved the distribution of Directors remuneration RO 19,683 for the year ended in 31/12/2014.

7. The Shareholders approved the transaction entered into with the related parties for the financial year 2014..

8. The Shareholders approved the proposed transaction with related parties for the financial year 2015.

9. The Shareholders approved the appointment of Earners & Young as External Auditors for the financial year 2015 for an amount of RO7,000/- as their remuneration.