Decisions of Board of Directors meeting held on 16th February 2015

The Board of Directors of M/s The National Detergent Co. SAOG has taken following decisions in their meeting held on 16^th February 2015:

1. The Board has approved the Financial Statements for the year ended  31 December 2014 in which the company has achieved a net profit after tax of RO. 809,129 (previous year RO 1,056,499). These financial statements are subject to the approval of Shareholders at the Annual General Meeting to be held on 15^th March 2015.

1. The Board has proposed a cash dividend of 40 Bz per share (40% of the face value of share), for the year ended 31 December 2014 subject to Shareholders’ approval at the Annual General Meeting to be held on 15^th March 2015.

1. Mr. N. Janardhan, Chief Operation Officer – Manufacturing of The Zubair Corporation will be representing on the Board of Director of The National Detergent Company SAOG in place of       Mr. Mahdi Abdul Baqi.

1. The Board of Director have elected Mr. Anwar Ali Sultan as Vice-Chairman of the Board in place of Mr. Mahdi Abdul Baqi

 For The National Detergent Co. SAOG

V. Sundaresan

Director & CEO

Date: February 17, 2015