Amendments of public invitation no. 4 for participation in a public tender for sale of 446,188 shares CFI-code: ЕSVUFR, ISN-no: RSZUPAE75121

14. August 2009.

Chemical industry"ŽUPA" AD Kruševac, Šandora Petefija bb

Pursuant to Articles 28, 69 paragraph 3 and 72 of the Law on Privatization (Official Gazette of the Republic of Serbia No. 38/2001, 18/2003, 45/2005 and 123/2007), Article 9 of the Law on Privatization Agency (Official Gazette of the Republic of Serbia No. 38/2001 and 135/2004) and Article 9 and 10 of the Law on Share Fund (Official Gazette of the Republic of Serbia No. 38/2001 and 45/2005), as well as on authorization from point 6 of Public Invitation published on February 23, 2009 in the daily newspaper "Politika" (hereinafter "Public Invitation")

PRIVATIZATION AGENCY
(hereinafter: the "Agency")
issues:

Amendments of public invitation no. 4

published on February 23, 2009 in the daily newspaper "Politika"

for participation in a public tender
for sale of 446,188 shares CFI-code: ЕSVUFR, ISN-no: RSZUPAE75121
with nominal value of RSD 1,000
which represents 70.33993% of the total registered capital of the Company
(hereinafter "Block of shares"):

Chemical industry"ŽUPA" AD Kruševac, Šandora Petefija bb
(hereinafter: the "Company")

Tender Code: ŽUP 02/09


The Agency informs all interested individuals and legal entities about Amendments no. 4 of Public Invitation for participation in a public tender for sale of 446.188 shares CFI-code: ЕSVUFR, ISN-no: RSZUPAE75121 with nominal value of RSD 1,000, which represents 70.33993% of the total registered capital of the Company, as follows:


1. Deadline for submission of the final binding offers for purchasing the Block of shares of the Company set out in Clause 6 of the Public Invitation is changed and extended to September 30, 2009 at 16:30 hours (Belgrade time).

2. All other information regarding the Public Invitation shall remain unchanged and available at:

http://www.priv.yu/vesti/pdf/teаser_414.pdf

3. All communications or inquiries relating to this Public Invitation should be directed to the contact persons at the address below, in Serbian or English:

Privatization Agency of the Republic of Serbia
Olivera Aranđelović,
project manager
Terazije 23, Belgrade
Republic of Serbia
Phone: +381 11 3020 897
Fax: +381 11 3020 816
E-mail: oarandjelovic@priv.rs

"EUCONS GROUP d.o.o.
Zoran Anđelković,
director
Kralja Milana 7/5, 11000 Belgrade
Republic of Serbia
Phone: +381 11 324 68 23
Fax: +381 11 324 68 41
E-mail: azoran@eucons.rs

HI ŽUPA AD
Bankruptcy

Chemical Industry Župa ad

Location:

Крушевац

Core activity:

Manufacture of other inorganic basic chemicals

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