IMPORTANT NOTICE THE FOLLOWING OFFERING CIRCULAR IS AVAILABLE ONLY TO: (1) QIBs (AS DEFINED BELOW) IN RELIANCE ON RULE 144A (“RULE 144A”) UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR (2) INVESTORS WHO ARE LOCATED OUTSIDE THE UNITED STATES. IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the offering circular (the “Offering Circular”) following this notice and you are therefore required to read this carefully before accessing, reading or making any other use of the Offering Circular. In accessing the Offering Circular, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, any time you receive any information from the Issuer, the Joint Lead Managers (each as defined in the Offering Circular) as a result of such access. You acknowledge that this electronic transmission and the delivery of the Offering Circular is confidential and intended only for you and you agree you will not forward, reproduce or publish this electronic transmission or the Offering Circular to any other person. THE FOLLOWING OFFERING CIRCULAR MAY NOT BE FORWARDED OR DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER OR DISCLOSED BY ITS RECIPIENTS TO ANY OTHER PERSON. ANY FORWARDING, REDISTRIBUTION OR REPRODUCTION OF THE OFFERING CIRCULAR IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS NOTICE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. IF YOU HAVE GAINED ACCESS TO THIS TRANSMISSION CONTRARY TO ANY OF THE FOLLOWING OR FOREGOING RESTRICTIONS, YOU ARE NOT AUTHORISED AND WILL NOT BE ABLE TO PURCHASE ANY OF THE SECURITIES DESCRIBED HEREIN. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE 2025 NOTES, THE 2031 NOTES AND THE 2051 NOTES DESCRIBED IN THE OFFERING CIRCULAR (TOGETHER, THE “NOTES”) HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND THE NOTES MAY INCLUDE BEARER NOTES THAT ARE SUBJECT TO U.S. TAX LAW REQUIREMENTS. THE NOTES MAY NOT BE OFFERED OR SOLD OR, IN THE CASE OF BEARER NOTES, DELIVERED WITHIN THE UNITED STATES, EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH THE APPLICABLE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES. NEITHER ANY SUCH FACT NOR THE FACT THAT AN EXEMPTION OR EXCEPTION IS AVAILABLE FOR A SECURITY OR A TRANSACTION MEANS THAT THE SECRETARY OF STATE HAS PASSED IN ANY WAY UPON THE MERITS OR QUALIFICATIONS OF, OR RECOMMENDED OR GIVEN APPROVAL TO, ANY PERSONS, SECURITY OR TRANSACTION. IT IS UNLAWFUL TO MAKE, OR CAUSE TO BE MADE, TO ANY PROSPECTIVE PURCHASER, CUSTOMER OR CLIENT ANY REPRESENTATION INCONSISTENT WITH THE PROVISIONS OF THIS PARAGRAPH. In the United Kingdom, the Offering Circular may be distributed only to, and is directed only at, (i) persons who have professional experience in matters relating to investments and who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) of the United Kingdom (the “Financial Promotion Order”); (ii) persons who fall within Articles 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order; and (iii) any other persons to whom the Offering Circular may otherwise lawfully be communicated (all such persons together being referred to as “relevant persons”). The Offering Circular must not be acted on or relied on by persons who are not relevant persons in the United Kingdom. Any investment or investment activity to which the Offering Circular relates is available only to relevant persons and will be engaged in only with relevant persons. Confirmation of your Representation: In order to be eligible to view the Offering Circular or make an investment decision with respect to the Notes described therein, you must be (i) a person who is purchasing outside the United States or (ii) a qualified institutional buyer (“QIB”) as defined in Rule 144A that is acquiring the securities for your own account or the account of another QIB. By accepting this e-mail and accessing the Offering Circular, you shall be deemed to have represented to the Issuer and the Joint Lead Managers that (i) you understand and agree to the terms set out herein; (ii) you are a relevant person; (iii) you are either (A) a QIB and the electronic mail (or e-mail) address to which, pursuant to your request, the Offering Circular has been delivered by electronic transmission is utilised by someone who is a QIB or (B) you are outside the United States and to the extent you purchase the Notes described in the attached Offering Circular, you will be doing so pursuant to Regulation S; (iv) you are a person who is permitted under applicable law and regulation to receive the Offering Circular; (v) you consent to delivery of the Offering Circular and any supplements thereto by electronic transmission; (vi) you will not transmit the Offering Circular (or any copy of it or part thereof) or disclose, whether orally or in writing, any of its contents to any other person; and (vii) you acknowledge that you will make your own assessment regarding any credit, investment, legal, taxation or other economic considerations with respect to your decision to subscribe for or purchase any of the Notes. You are reminded that you have accessed the Offering Circular on the basis that you are a person into whose possession the Offering Circular may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorised to, deliver, electronically or otherwise, the Offering Circular to any other person and in particular to any U.S. person or to any U.S. address. Failure to comply with this directive may result in a violation of the Securities Act or the applicable laws of other jurisdictions. Any materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the potential offering be made by a licensed broker or dealer and any of the Joint Lead Managers or any affiliate thereof is a licensed broker or dealer in that jurisdiction, any offering shall be deemed to be made by such Joint Lead Manager or such affiliate on behalf of the Issuer in such jurisdiction. Under no circumstances shall the Offering Circular constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Recipients of the Offering Circular who intend to subscribe for or purchase the Notes described therein are reminded that any subscription or purchase may only be made on the basis of the information contained in the Offering Circular. The Offering Circular has been made available to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of the Issuer, the Joint Lead Managers, any person who controls them, or any of their respective directors, officers, employees, agents or affiliates accepts any liability or responsibility whatsoever in respect of any difference between the Offering Circular distributed to you in electronic format and any hard copy version available to you on request from any of the Issuer or Joint Lead Managers. By accessing the following Offering Circular, you consent to receiving it in electronic form. Please ensure that your copy is complete. If you received the Offering Circular by e-mail, you should not reply by e-mail to this announcement. Any reply e-mail communications, including those you generate by using the “reply” function on your e-mail software, will be ignored or rejected. None of the Joint Lead Managers or any of their respective affiliates accepts any responsibility whatsoever for the contents of the Offering Circular or for any statement made or purported to be made by any of them, or on any of their behalf, in connection with the Issuer or any offer. The Joint Lead Managers and their respective affiliates accordingly disclaim all and any liability whether arising in tort, contract, or otherwise which they might otherwise have in respect of such document or any such statement. No representation or warranty express or implied, is made by any of the Joint Lead Managers or their respective affiliates as to the accuracy, completeness, verification or sufficiency of the information set out in the Offering Circular. You are responsible for protecting against viruses and other destructive items. Your use of this document is at your own risk and is free from viruses and other items of a destructive nature. THE GOVERNMENT OF THE SULTANATE OF OMAN represented by THE MINISTRY OF FINANCE Issue of: U.S.$500,000,000 4.875% Notes due 2025 (to be consolidated and form a single series with the existing U.S.$750,000,000 4.875% Notes due 2025 issued on 1 August 2019), U.S.$1,750,000,000 6.250% Notes due 2031 and U.S.$1,000,000,000 7.000% Notes due 2051 under its Global Medium-Term Note Programme The Government of the Sultanate of Oman represented by the Ministry of Finance (the “Issuer”) is issuing U.S.$500,000,000 4.875% Notes due 2025 (the “2025 Notes”) (to be consolidated and form a single series with the existing U.S.$750,000,000 4.875% Notes due 2025 issued on 1 August 2019 (the “Original 2025 Notes”)), U.S.$1,750,000,000 6.250% Notes due 2031 (the “2031 Notes”), and U.S.$1,000,000,000 7.000% Notes due 2051 (the “2051 Notes” and together with the 2025 Notes and the 2031 Notes, the “Notes”.