NOTICE FOR DIVESTITURE OF SHARES - THROUGH THE OTC

Initiatian of the Shares Divestiture: 11, Jan,2011

In the execution of the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and the regulations related to General Policies of Principle (44) of the Constitution, Iranian Privatization Organization is considering divesting assets, power plants and the shares of the following firms, observing other conditions stated hereunder by resorting to the tender method and OTC (the third market), deducting the preferred shares (in case accrue) at maximum 5 percent of the divestible shares and installment shares of the other experienced, expert and efficient directors (in case accrue) at maximum 5

In the execution of the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and the regulations related to General Policies of Principle (44) of the Constitution, Iranian Privatization Organization is considering divesting assets, power plants and the shares of the following firms, observing other conditions stated hereunder by resorting to the tender method and OTC (the third market), deducting the preferred shares (in case accrue) at maximum 5 percent of the divestible shares and installment shares of the other experienced, expert and efficient directors (in case accrue) at maximum 5

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