Public invitation for participation in a public tender for sale of 580.452 shares with CFI code: ESVUFR, ISIN number: RSKMGBE50021, with nominal value of 960,00 dinars, jointly representing 50.91153% of the total equity of the company (hereinafter "Block

18. December 2006.

Tender Code: KOM 28/06

Based on Articles 28, 69 Paragraph 3, and 70 of the Law on Privatization ("Official Gazette RoS", No. 38/2001, 18/2003 and 45/2005), Article 9 of the Law on Privatization Agency ("Official Gazette RoS", No. 38/2001 and 135/2004), and Articles 9 and 10 of the Law on the Share Fund ("Official Gazette RoS", No. 38/2001 and 45/2005), as well as the Decision of the Government of the Republic of Serbia No. 023-10235/2006 dated December 7, 2006, the Privatization Agency (hereinafter: "Agency") issues this:

PUBLIC INVITATION
for participation in a public tender
for sale of 580.452 shares with CFI code: ESVUFR, ISIN number: RSKMGBE50021, with nominal value of 960,00 dinars, jointly representing 50.91153% of the total equity of the company (hereinafter "Block of Shares"):

HOLDING KORPORACIJA "KOMGRAP"
akcionarsko drusvo, Belgrade, Terazije 4,
(hereinafter: "Company")

Tender Code: KOM 28/06
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Location:

Београд

Core activity:

Business and other management consultancy activities

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