Iranian Privatization Organization

The 40% of the shares of Gostaresh Energy Novin Company in the favor of Industrial Development and Renovation Organization of Iran (IDRO) will be divested through the OTC in the base value of 1109 Rials per share and total base value of 44 billion and 360 million Rials.

The 34.8% of the shares of Iran Transfo Company equivalent to 522,168,785 shares will be divested in cash through the Stock Exchange, on the price of the ...

In the execution of the General Policies of Principle (44) of the Constitution and according to the divesting board ratification ...

The list of 340 Divestible Public Companies in the form of group 1 and group 2 published by Iranian Privatization Organization.

The 15% of the shares of Esfahan Steel Company equivalent to 1,180,260,900 shares will be divested through the OTC on the price of the TSE board price on the day of offering (equal to the closing price on the day before the offering date) plus 20% unless it wouldnt be less than 1500 Rls on the first half of July 2012. The capital of this company is 7,868,406,000,000 Rls. The States hold 97% of the shares and the private sector owns 3% of the shares of Esfahan Steel Company.

The 50.5% of the shares of Khouzestan Steel Company equivalent to 1,106,960,000 shares will be divested on the price of the TSE board price on the day of offering (equal to the closing price on the day before the offering date) plus 50% unless it wouldnt be less than 22,622 Rls on 17 July 2012. These block shares will be divested as 30% in cash with 4 years installment and the payment deadline of cash part is 30 days.

The 6th meeting of the Heads of Privatization Administrations of ECO Member States and the 5th Meeting of the HLEG on Privatization and Private Sector Development will be held by Iranian Privatization Organization in Tehran, on 29 and 30 October 2012.

Iran Air's Chairman said that the valuation of Iran Air is finished and added: "This is ratified during the last 15 days by high divesting board and it would be divested 50% plus one share in the near future through the OTC market."

According to the latest reports of the World Federation of Exchanges (WFE), Tehran's Stock Exchange (TSE) has placed at the top of the index performance list.

Deputy of Power Market Department of Iran Grid Management Company said: "With the Approval of Securities and Exchange High Council, Energy Forum with a focus on electricity will be launched."