NOTICE FOR DIVESTITURE OF SHARES

Initiatian of the Shares Divestiture: 4, Sep. 2010

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 the shares of the following firms, observing other conditions stated hereunder by resorting to the tender method and through the Over The Counter(OTC) (the third market), with the preferred shares (in case accrue) at maximum 5 percent of the total divestible shares having been deducted

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 the shares of the following firms, observing other conditions stated hereunder by resorting to the tender method and through the Over The Counter(OTC) (the third market), with the preferred shares (in case accrue) at maximum 5 percent of the total divestible shares having been deducted

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