Public invitation for participation in the Public Tender for sale of 164,937 shares with CFI code: ESVUFR; ISIN number: RSMOSTE99118 with individual accounting value of RSD 2,641.500747 (hereinafter: the Block of Shares) owned by the Republic of Serbia,

Pursuant to the Articles 28, 69, 70 and 72 of the Law on Privatization (Official Gazette of RS, no. 38/2001, 18/2003, 45/2005 and 123/2007), Article 9 of the Law on the Privatization Agency (Official Gazette RS, no. 38/2001 and 135/2004) Articles 9 and 10 of the Law on the Share Fund (Official Gazette RS, no 38/2001 and 45/2005), and Government Resolution 05 No. 023-7009/2007 dated October 25, 2007, the Privatization Agency (hereinafter: the "Agency") announces :

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