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 enterprises, observing other conditions stated hereunder by resorting to tender method, with the preferred shares (if any) at maximum 5 percent of the total divestible shares(if any) and installment shares of the other experienced, expert and efficient directors (if any) at maximum 5 percent of the state shares having been deducted: