This is a basic firewall it may not suit your needs, firewalling is an art so i recommend to read into it to improve on this basic one.
Add these rules in your configuration file /etc/sysconfig/iptables
*raw :PREROUTING ACCEPT [0:0] :OUTPUT ACCEPT [0:0] COMMIT *nat :PREROUTING ACCEPT [0:0] :POSTROUTING ACCEPT [0:0] :OUTPUT ACCEPT [0:0] COMMIT *mangle :PREROUTING ACCEPT [0:0] :INPUT ACCEPT [0:0] :FORWARD ACCEPT [0:0] :OUTPUT ACCEPT [0:0] :POSTROUTING ACCEPT [0:0] COMMIT *filter :FORWARD DROP [0:0] :INPUT DROP [0:0] :OUTPUT DROP [0:0] -A INPUT -i lo -j ACCEPT -A INPUT -p tcp -m tcp --dport 22 -j ACCEPT -A INPUT -p tcp -m tcp --dport 21 -j ACCEPT -A INPUT -p tcp -m multiport -j ACCEPT --dports 80,443,25,110,143,53 -A INPUT -p udp -m udp --dport 53 -j ACCEPT -A INPUT -p icmp -m icmp -m limit --icmp-type 8 --limit 5/min -j ACCEPT -A INPUT -m state --state RELATED,ESTABLISHED -j ACCEPT -A OUTPUT -s 127.0.0.1 -j ACCEPT -A OUTPUT -s 192.168.1.5 -j ACCEPT -A OUTPUT -s 192.168.1.6 -j ACCEPT COMMIT
# service iptables restart