Referring to the offer submitted to all the shareholders of National Bank of Oman SAOG (NBO) by The Commercial Bank P.S.Q.C. (CB) to acquire an additional 15.2% of the issued share capital of NBO, CB has today announced, through the offer manager, that the offer of acquisition has been accepted by certain shareholders of NBO, representing 7.74% of the shares of the issued capital of NBO. Since the acceptance by NBO shareholders is less than the 15.2% minimum threshold acceptance by CB for acquisition, CB has decided to exercise the option of withdrawing the offer in its entirety.