NOTICE FOR DIVESTITURE OF SHARES BY THE IRANIAN PRIVATIZATION ORGANIZATION THROUGH THE TENDER

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 the tender and stock exchange method, with the preferred shares (if someone be eligible for it) at maximum 5 percent of the total divestible

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 to the highest offer price, by resorting to the tender and stock exchange method, with the preferred shares (if someone be eligible for it) 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 enterprises, observing other conditions stated hereunder by resorting to the tender and stock exchange method, with the preferred shares (if someone be eligible for it) 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 enterprises, observing other conditions stated hereunder by resorting to the tender and stock exchange method, with the preferred shares (if someone be eligible for it) at maximum 5 percent of the total divestible

By virtue of Powers and assignments of the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and Implementation of General Policies of Principle (44) of the Constitution of Islamic Republic of Iran, Iranian Privatization Organization is considering divesting the State shares of Divestible companies to real and legal persons, observing other conditions stated hereunder by resorting to the negotiation, with the preferred shares at maximum 5 percent of the total divestible shares and installment shares of the other experienced, expert and efficient directors (if any) at maximum 5 percent of the state 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 enterprises, observing other conditions stated hereunder by resorting to the tender and stock exchange method, with the preferred shares (if someone be eligible for it) at maximum 5 percent of the total divestible shares having been deducted:

Managing Director of Mellat Bank referring to the readiness of the bank for divesting 100% of the shares to the private sector stated: “Mellat Bank has improved in Quantitative and Qualitative Indicators, after entering the private sector.”

During the second international accounting conference, the head of Iranian Privatization Organization (IPO) announced that Dana and Asia Insurance Companies will be privatized till the Next Two Weeks.

39% of the divested shares of the state companies were divested to the private sector through the stock exchange, 15% through the negotiation and 45% through the tender method in this November.