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Initiatian of the Shares Divestiture:12 aug. 2012
NOTICE FOR DIVESTITURE OF THE SHARES THROUGH THE OTC & TENDER

Initiatian of the Shares Divestiture:12 aug. 2012

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 Power, according to Part (a) of Paragraph (35) of the only Article of Country Budget Law of 2011-2012 (for Kangan Gas Plant), and on behalf of Mrs. Shima Rashidi Shomali Ahadi (for Guilan Niroo 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 been deducted

Divesting of 40% of Gostaresh Energy Novin Company

Divesting of 40% of Gostaresh Energy Novin Company

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.

Initiatian of the Shares Divestiture:4 Aug. 2012
NOTICE FOR DIVESTITURE OF SHARES THROUGH OTC

Initiatian of the Shares Divestiture:4 Aug. 2012

In the execution of the regulations related to General Policies of Principle (44) of the Constitution, the ratifications of the ministers board and divesting board and on behalf of the contractors of Ministry of Power, according to Part (a) of Paragraph (35) of the only Article of Country Budget Law of 2011-2012 (for Sofian Power Plant and Sanandaj Power Generation Company), and on behalf of Ministry of Power and the creditor banks of the state (for Jahrom 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

Divesting State Shares of 3 Companies

Divesting State Shares of 3 Companies

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 ...

15% of Esfahan Steel Company Shares to Divest

15% of Esfahan Steel Company Shares to Divest

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.

50% of Khouzestan Steel Company to Divest
17 July 2012

50% of Khouzestan Steel Company to Divest

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.