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 HSBC Bank Oman S.A.O.G. Completed the Sale of its Business in India

Further to our announcement on 1st April 2015, HSBC Bank Oman S.A.O.G (“HBON”) would like to inform shareholders that the total gross assets of the  India branches of HBON which were sold to Doha Bank QSC, as at 31st March 2015 were Indian Rupees 3.4Bn (USD 54.5Mn) (unaudited). The financial impact of the sale of the India branches is immaterial to the overall performance of HBON and will be included in the consolidated results of HBON for the 1st quarter ended 31st March 2015, and these will be published on or before 30th April 2015, after approval by the HBON Board.  Additionally HBON will be announcing the preliminary unaudited results summary for the 1st quarter ended 31st March 2015, inclusive of the financial impact on sale of the HBON India branches, prior to Board approval, as mandated by the Capital Market Authority, on or before 15th April 2015.