AMMENDMENTS No.1 to the public invitation for participation in public tender for sale of RBB assets unit "Belorecki Pescar" on "as is" basis announced in "Politika" daily newspaper on October 12th 2009

Based on authorization given in Clause 8 of the Public Invitation published in Politika daily newspaper on October 12, 2009, and in line with Decision of the Board of the limited liability company Rudnici Bakra Bor in restructuring on Amendments to the Decision on Sale of the assets unit "Belorecki pescar" and transfer of relevant exploitation rights no I/XLIV-2 as of October 9, 2009, no I/XLVI-1 dated October 16 2009, the Privatization Agency (hereinafter "Agency") and Mining and Smelting Complex Bor – Group Copper Mines Bor Ltd in restructuring (RBB) hereby issue:



announced in "Politika" daily newspaper on October 12th 2009

Tender Code: BPE 01/09

1. Clause 5 of the Public Invitation is changed to read as follows:

"Minimum Investment Program is a mandatory requirement that each Bidder must fully accept, and entails the obligation of the Buyer to provide from its own sources a minimum investment into the Subject of Sale in the amount of 800,000.00 EUR in the period of 5 (five) years, in line with the Sale and Purchase Agreement and Agreement on Transfer of Exploitation Rights."

2. All other information related to this Public Invitation shall remain unchanged, and is available at the following address:
www.priv.rs

3. All questions relating this Public Invitation and the Amendments No. 1 thereof, should be directed to the Agency at the address below, on Serbian or English language:

Privatization Agency Republic of Serbia

Filip Šanović
Special Advisor to the Executive Director

Terazije 23
11000 Belgrade, Serbia

Tel: +381 11 30 20 855
Fax: +381 11 30 20 816

e-mail: fsanovic@priv.rs

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