Iranian Privatization Organization

By virtue of  Powers and assignments of  the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and Implementation of General Policies of Principle (44) of the Constitution of Islamic Republic of Iran, Iranian Privatization Organization is considering divesting the State shares of  Divestible companies to real and legal persons, observing other conditions stated hereunder by resorting to the negotiation, with the preferred shares at maximum 5 percent of the total divestible shares and installment shares of the other experienced, expert and efficient directors (if any) at maximum 5 percent of the state shares having been deducted: