Iranian Privatization Organization

One of the members of the board of directors of Tehran stock exchange said divesting the shares of insurance companies will become propounded in admission committee.

In the execution of General Policies of Principle 44, the Iranian state agreed to allocate some of the shares of 14 state companies as Justice Shares.

Head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) announced that presence of foreign companies in principle 44 divestitures depends upon the feasibility studies of international consultants.

In the First Quarter of 1388 Solar, 5802 Billion Rls State Shares divested to the private sector.

More than one billion state shares that cost 1904 billion Rls are transferred to the private sector in June.

Memorandum of understanding on cooperation with Malaysia, Indonesia, Oman and Kyrgyzstan signed to exchange information and to simplify the by-law of foreign investors.

Website: www.iio.ir (Investment Opportunities in Iran) is launched with the purpose of getting acquainted local and foreign investors with the most recent Investment Opportunities in Iran.

Deputy Chairman of Stock Exchange announced categorizing, transferring and minifying the regional floor and presenting license for establishment of branches in Dubai, Qatar and Malaysia to the brokerages.

Soon, Telecommunication Companys shares will be ceded to the private sector, as block.

The Envelopes containing bids of Railway Services and Technical Construction shall be opened at 14 pm on Wednesday (08, July 2009) in the venue of the IPO.