The 17% of the shares of Esfahan Steel Company equivalent to 1,337,628,952 shares will be divested through the OTC in near future on the price of the OTC 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 3,400 Rls.

In the execution of the regulations related to General Policies of Principle (44) of the Constitution and the ratifications of the divesting board and on behalf of Social Security Organization and Mahidasht Kermanshah Agri. Ind. Veg. Oil Company (for Iran Saderat Bank) and according to Paragraph (33) of the only Article of Country Budget Law of 2011-2012 and Paragraph (24-7) of Country Budget Law of 2012-2013 (for Khuzestan Steel Company), Iranian Privatization Organization is considering to divest the shares of the following firms, observing other conditions stated hereunder:

In the execution of the regulations related to General Policies of Principle (44) of the Constitution of Islamic Republic of Iran and the ratifications of the divesting board, Iranian Privatization Organization considers to divest 100% of the shares of Sefidrood Agricultural & Husbandry Company, observing other conditions stated hereunder:

In the execution of the regulations related to General Policies of Principle (44) of the Constitution and the ratifications of the divesting board, Iranian Privatization Organization is considering to divest the shares of Khuzestan Steel Company, SAIPA and Esfahan Steel Company, observing other conditions stated hereunder

In the execution of the regulations related to General Policies of Principle (44) of the Constitution, the ratifications of the divesting board and on behalf of the contractors of Ministry of Industry, Mine and Trade and the dependent organizations, according to Paragraph (33) of the only Article of Country Budget Law of 2011-2012 and Paragraph (24-7) of Country Budget Law of 2012-2013 (for Saipa Company), Iranian Privatization Organization is considering to divest the shares of the following firms, observing other conditions stated hereunder, with the preferential shares (in accrue case) at maximum 5 percent of the total divestible shares having

The 53% of the shares of Esfahan Steel Company equivalent to 4,170,255,180 shares will be divested through the OTC in near future on the price of the OTC board price of the day of offering (equal to the closing price of the day before the offering date) plus 100% unless it wouldnt be less than 2,682 Rls.

The 50.5% of the shares of Khuzestan Steel Company equivalent to 1,106,960,000 shares will be divested through the Stock Exchange in near future on the price of the OTC board price of the day of offering (equal to the closing price on the day before the offering date) plus 50% unless it wouldnt be less than 23,223 Rls.

The 17.5% of the shares of Saipa Company equivalent to 1,820,000,000 shares will be divested through the Stock Exchange in near future 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) unless it wouldnt be less than 3,600 Rls.

The 50.5% of the shares of Khouzestan Steel Company equivalent to 1,106,960,000 shares will be divested during next weeks 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 23,223 Rls.

In the execution of the regulations related to General Policies of Principle (44) of the Constitution, the ratifications of the divesting board and on behalf of Iran Municipalities and Rural Managements Organization (for Abadan Power Generation Company) and the contractors of Ministry of Power (for Hasa Power Plant, Shahid Zanbagh Yazd Power Plant and Chabahar Combined Cycle Power Plant), Iranian Privatization Organization is considering to divest the shares of the following firms, observing other conditions stated hereunder, with the preferential shares (in accrue case) at maximum 5 percent of the total divestible shares having been deducted