The Board of Directors of SMN Power Holding SAOG advised the Capital Market Authority, the Muscat Securities Market and the investors' community that it has resolved the following through a circular resolution with effect from 29 April 2015. Pursuant to Article 98 of the Commercial Companies Law (Royal Decree No 4/74, as amended), the Board appointed Mr. Imran Sheikh as a temporary director of the Board to fill the vacancy created by the resignation of Mr. Gijs Olbrechts. Mr. Sheikh shall hold office until the next Ordinary General meeting of the company.