The Board of Directors of Renaissance Services SAOG in the Board Meeting held on 20th February 2007 has approved the annual audited results for the year ended 31 December 2007. The audited results are consistent with the initial un-audited annual results, announced earlier by the Company. The current year results show strong growth in comparison to the previous record set in the last fiscal year with revenue up 39.4%, operating profit up 26.68%, EBITDA up 27.9%, and Net Profit up 21.7%.     2007 2006 2007 2006   Amount in OMR million Amount in USD million Revenue 199.2 142.9 517.9 371.5 EBITDA 43.0 33.6 111.8 87.4 Operating profit 27.6 21.8 71.8 56.7 Net profit 17.3 14.3 45.0 37.2 The Board of Directors has also recommended a cash dividend of 15% (at the rate of 15 baisas per share) and a stock dividend of 10% (at the rate of 0.10 share per share). The audited financials statement along with the Chairman’s Report, CEO Report and Corporate Governance Report will be submitted to the Muscat Securities Market within the prescribed time. The audited financials statement and other reports will be presented to the Shareholders for approval in the Annual General Meeting, which is proposed to be held on 29th March 2008 at 3.00 P.M., at the meeting hall of CMA.