The meeting approved cash dividend of 5% of the paid up capital and bonus share of 15% for all shareholders

The paid up capital of the Bank will be increased to 1,544,728,546 shares in 2015

Muscat, 30 March 2015

The Board of Directors of BankDhofar has conducted its Annual General Meeting at Grand Hyatt on Sunday, 29th March 2015. The meeting approved the Corporate Governance report and the report of the Board of Directors of the Bank for the financial year ended 31st December 2014, as well as the Balance Sheet, the Profit and Loss account for the financial year ended 31st December 2014, in addition to the report of Sharia Supervisory Board for "Maisarah" Islamic Banking Services for the same financial year.

The meeting also approved the proposed cash dividend of 5% of the paid up capital of the Bank (5 Baiza per share) and approved the proposed bonus share of 15% (150 shares per 1000 shares). As a result of this the paid up capital of the Bank will be increased from 1,343,242,214 shares to 1,544,728,546 shares.

BankDhofar Board of Directors also discussed and approved the transactions of the Bank with related parties and the spending to support corporate social responsibility (CSR) for the financial year ended 31 December 2014. The meeting approved the proposal of allocating RO 120,000 for CSR for the financial year ending 31 December 2015 and also agreed to appoint the External Auditors and Sharia External Auditors for the financial year 2015.

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© Press Release 2015