Oman Sovereign Sukuk (Trust Certificate Prog): 19 May 2017

Under this trust certificate issuance programme, Oman Sovereign Sukuk S.A.O.C, subject to compliance with all relevant laws, regulations and directives, may from time to time issue trust certificates in any currency agreed between the Trustee and the relevant Dealer(s). The Trust Certificates may be issued on a continuing basis to one or more of the Dealers specified under "Overview of the Programme" and any additional Dealer appointed under the Programme from time to time by the Trustee. Trust Certificates may only be issued in registered form.

Each Tranche of Trust Certificates issued under the Programme will be constituted by (i) a master trust deed entered into between the Trustee, the Government of the Sultanate of Oman represented by the Ministry of Finance (the "Obligor") and The Law Debenture Trust Corporation plc as delegate of the Trustee and (ii) a supplemental trust deed in relation to the relevant Tranche. Trust Certificates of each Series confer on the holders of the Trust Certificates from time to time the right to receive certain payments arising from the assets of a trust declared by the Trustee in relation to the relevant Series. Such assets include the rights, title and interest of Oman Sovereign Sukuk S.A.O.C.

The transaction structure relating to the Trust Certificates has been approved by the Sharia Supervisory Board of Alizz Islamic Bank SAOG, Citi Islamic Investment Bank E.C. - Sharia Advisory Board, Dar Al Shariah, the Shariah Board advisers to Dubai Islamic Bank P.J.S.C., the Global Shariah Supervisory Board of Gulf International Bank B.S.C., the Executive Shariah Committee of HSBC Saudi Arabia Limited, Sh. Nizam Yaquby and Dr. Sh. Mohamed Elgari, the Shariah advisors to J.P. Morgan Securities plc and the Shari'a Supervisory Committee of Standard Chartered Bank.

The Programme size is unlimited, subject to the annual state budget.