According to the Article 38. of Privatization Law (<>, number 38/2001), as well as Article 5. of the Decree on Sale of Capital and/or Property by Public Auction (Official Gazette of the Republic of >> no. 45/2001, 45/2002 and 19/2003) the Privatization Agency of the Republic of Serbia herby publishes: : Terazije 23, 11000 Beograd, tel: 011/3020-804, 011/3020-803 faks: 011/3020-881 PUBLIC ANNOUNCEMENT for participation in the public auction

Information about PUBLIC AUCTION:

The price for the auction documentation for each enterprise is ” APPLICATION FOR PARTICIPATION ON PUBLIC AUCTION 260204” Republic of Serbia, against unpaid household foreign exchange 30.000 din, which should be paid after receiving invoice from the Privatization Agency, Auction Center, Terazije 23/V, 11000 savings regardless of maturity date. Privatization Agency. Beograd. APPLICATIONS THAT SHOW THE NAME OF THE COMPANY If participant applies only for second auction, deposit can be paid Purchase of auction documentation is obligatory for those wishing TO BE PRIVATIZED OR THE FULL AUCTION SALE CODE ON THE with bonds issued to individuals who are the citizens of the to participate in the auction. After presenting evidence of payment OUTSIDE OF THE ENVELOPE MAY BE REJECTED. Republic of Serbia, against unpaid household foreign exchange and signing a Confidentiality Agreement, the auction The auction will take place on 26.02.2004. at: The Privatization savings with maturity not longer then capital sale day documentation can be collected on business days from 10:00 to Agency of the Republic of Serbia, Terazije 23/II, Beograd at 11:00 (26.02.2004). Deposit for participation at the public auction will 17:00 from 16.01.2004. until 17.02.2004 from: The Privatization a.m. Registration of the participants will take place on be returned 15 days after the auction. Agency , Terazije 23/V, room number 511 26.02.2004. at the same address from 09.00 until 10.50. Means The Agency holds the right to change the auction or deadline date Deadline for submitting of applications is 18.02.2004. till 17.00. of payment: domestic currency, foreign convertible currency, for applications if need occurs and informs interested parties. Site Completed application forms for participation in the auction, bonds issued to individuals who are the citizens of the Republic of visits may be arranged with the Privatization Agency after signing which are included in the auction documentation, together with Serbia, against unpaid household foreign exchange savings with the Confidentiality Agreement (Phone number: + 381 (11) 3020- signed sale and purchase agreement and evidence of payment of maturity not longer then capital sale day (26.02.2004). If a 804; 011/3020-803 Fax: +381 (11) 3020-881. Visits may take the deposit are submitted in envelope clearly marked on the participant applies only for second auction payment can be made place from 16.01.2004. until 17.02.2004. outside: with bonds issued to individuals who are the citizens of the

* Total estimated value of capital being privatized and expressed in EURO has been calculated using the official exchange rate as at 16.01.2004. ** Total operating revenues and expenditures for 2000. and 2001. and expressed in EURO have been calculated using the average real exchange rate for the two years respectively (2000. and 2001.). Short description of the public auction procedure:

Sale of capital by Public Auction is performed by the Auction starting price and each following increase. If after invitations for announcement no interest is shown, auctioneer announces the commission that is chosen by the Privatization Agency. acceptance of new announced price no bidder raise his/her hand, end of the auction with the hit of the hammer. The sale price will Supervision of the Auction, registration of the participants, the auctioneer announces the end of the auction with the hit of be the highest offered price and winner will be the bidder who declaring of the unsuccessful auction, signing of the auction the hammer. The sale price will be the highest offered price and accepted it. If after the third announcement for acceptance of the minutes is done by the Commission which is also involved in other the winner will be the bidder who accepted it. If after the third new starting price there were no interested bidders, the auction is activities concerning the auction in accordance with the law. announcement of the starting price no interest is shown, declared unsuccessful and participant forfeit their deposits. When Conditions for starting of public auction are fulfilled if at least one auctioneer declares first auction unsuccessful with the hit of the on the second auction only one bidder participates, he is invited to person has acquired the status of participant and if this person or hammer and starts second bidding where means of payment can accept starting price for three times. If he accepts starting price he his/hers duly authorized representative are present. be in foreign exchange household savings bonds of any maturity. is declared a buyer where starting price is sale price. If he refuses The Auctioneer will open the first auction at the time settled for its Participants will be bidders applied for the second auction and the starting price, the auction is declared unsuccessful and he opening where means of payment can be cash and matured from the previous auction if it was unsuccessful. If on the second forfeits his deposit. foreign exchange household saving bonds. If on the first auction auction more then one bidder participates, the auctioneer . more then one bidder participates, the auctioneer announces the announces starting price and each following increase. If after third

1) Basic data on enterprise to be privatized: Socially owned enterprise for typography and publishing activities « STIL » , PODVIS Total estimated value of the capital sale : 9.514.000 Din or *138.135 EUR Auction sale code: 260204-0824p That is 70 % of the total capital of the enterprise. ID number:07213662 Deposit for participation in the auction is: 761.000 Din or 11.051 EUR Core activity: Production of paper wrapping materials Starting auction price is: 1.522.000. Din Minimum investment in enterprise to be privatized: 3.321.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Offset four colour printing machine B-1 (Champion – Switzerland), 2) Offset double colour 1. Zinc graphic line (419), 2. Warehouse building (193), 3) Offset printing printing machine B-1 ( Planeta – Poligraph), 3) Automatic machine for serial production of building (431), 4. Book binding building (214), 5. Doorman's booth (37) wrapping material B-1 (Bobst – Switzerland), 4) Automatic machine for gluing of wrapping material Media 68 (Kolormetal), 5) Truck (Zastava), 6) Freight vehicle (Ford transit) C) Land (m2): Land for development: (0), Agricultural land: (0) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 7.073.000 118.878 4.201.000 69.605 Total operating expenditures 12.506.000 210.192 16.745.000 277.442 D) Most important products/services: 1) Wrapping material made of chrome cardboard, 2) Printing on offset paper, 3) Printing on other sorts of paper Number of employees: 32; of which with University degree:0

2) Basic data on enterprise to be privatized: Socially owned factory of car and tractor brakes « FAK », LOZNICA Total estimated value of the capital sale : 35.184.000 Din or *510.853 EUR Auction sale code: 260204-0833p That is 70 % of the total capital of the enterprise. ID number: 7120745 Deposit for participation in the auction is: 2.815.000 Din or 40.868 EUR Core activity: Cattle breeding and production of milk Starting auction price is: 5.629.000 Din Minimum investment in enterprise to be privatized: 4.412.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. Manufacture hall (3130) 2. Locksmith's (3115) 3. Dying and prototypes 1) Press (EP 75, EP 55) 2) Machine guillotine (RKT 630) 3) Universal lathes (PAB 22) 4) Numeric tools (423) 4. Commercial activities building (425) (PAB 22 UGA), 5) Zastava 2 (8012 – D- turbo), 6) Freight vehicle FAP (1620BD), 7) Passenger vehicle (Alfa Romeo) C) Land (m2): Land for development: ( 0 ) , Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 77.065.000 1.295.254 70.543.000 1.168.801 Total operating expenditures 92.023.000 1.546.657 90.210.000 1.494.657 D) Most important products/services: 1) Brakes 2) Drum brakes 3) Disc brakes 4) Brake slippers 5) Trailers program (1- 10 T) Number of employees: 120 ; of which with University degree: 4

3) Basic data on enterprise to be privatized: Socially owned enterprise for trading in textile goods « CENTROSREM - TEKSTIL » , STARA PAZOVA Total estimated value of the capital sale : 49.725.000 Din or *721.982 EUR Auction sale code: 260204-0935 That is 70 % of the total capital of the enterprise. ID number:08651043 Deposit for participation in the auction is: 4.973.000 Din or 72.198 EUR Core activity: Retail sale of textile Starting auction price is: 9.945.000. Din Minimum investment in enterprise to be privatized: 1.418.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. Direction of the enterprise – usage right (469), 2. Depot building – 1) Computer (3 computers) (PC-486), 2) Computer (PC – 586), 3) Freight vehicle (35 –8/3), 4) usage right (1080), 3. Shop “Tekstil” – usage right (248), 4. Shop Passenger vehicle (Ascona 1.6) “Progres” - usage right (220), 5. Shop “Kosmaj” – ownership right (190) C) Land (m2): Land for development: ( 86368 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 11.305.000 190.006 14.274.000 236.501 Total operating expenditures 14.400.000 242.025 18.229.000 302.030 D) Most important products/services: 1) Socks, 2) Sportswear, 3) Other textile goods Number of employees: 38; of which with University degree:2

4) Basic data on enterprise to be privatized: Joint stock enterprise for production of dairy products « MLEKARA » , PANCEVO Total estimated value of the capital sale : 100.409.000 Din or *1.457.877 EUR Auction sale code: 260204-1014 That is 56.105 % of the total capital of the enterprise. ID number:08048002 Deposit for participation in the auction is: 12.049.000 Din or 174.945 EUR Core activity: Production of dairy products Starting auction price is: 24.098.000. Din Minimum investment in enterprise to be privatized: 48.819.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Milk acceptance line (ALFA – LAVAL), 2) Milk pasteurizing line (Table pasteurizer 10.000, 1. Manufacturing section I (1973), 2. Manufacturing object II (2003), 3. Machine for packing of milk), 3) Line for production of sour milk products, 4) Line for production Boiler room (263), 4. Management building with restaurant (558), 5. of kefir (Duplicator of 1.200 liters), 5) Line for production of quark (Vestvalia), 6) Dryer for production of powder milk (Nirova), 7) Butter department, 8) Line for production of chesse, 9 ) CIP Warehouse (625), 6. Shop in Pancevo (Streliste) (86), 7. Shop Kotez II system for washing of the factory (25), 8. Shop Jagoda (56)

C) Land (m2): Land for development: ( 29714 ), Agricultural land: (0) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 297.771.000 5.004.723 317.496.000 5.260.476 Total operating expenditures 278.594.000 4.682.409 331.599.000 5.494.143 D) Most important products/services: 1) Pasteurized milk, 2) Butter, 3) Low fat powder milk, 4) Full fat powder milk, 5) Sour milk drinks, 6) Sheep sour milk Number of employees: 240; of which with University degree:10

5) Basic data on enterprise to be privatized: Socially owned enterprise for production of industrial armature, equipment and spare parts « TAMP » , SENTA Total estimated value of the capital sale : 126.596.000 Din or *1.850.326 EUR Auction sale code: 150304-1069 That is 70 % of the total capital of the enterprise. ID number:08105197 Deposit for participation in the auction is: 12.660.000 Din or 185.033EUR Core activity: Production of installation material Starting auction price is: 25.319.000. Din Minimum investment in enterprise to be privatized: 11.041.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Hydraulic saw (NT150, HF 350), 2) Universal lathe (PA22,25,30), 3) Press for folding of profiles 1. Manufacture hall «A» (3340), 2. Manufacture hall «B» (1550), 3. (PSH 220-5000), 4) Hydraulic press (HVP 1600), 5) Welding machine (VARUS 400), 6) Universal Manufacture hall «C» (6048), 4. Management building with sanitary lathe (16K-20/1000) premises (341), 5. Moulding building (550)

C) Land (m2): Land for development: (0), Agricultural land: (0) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 52.422.000 881.072 52.912.000 876.680 Total operating expenditures 48.230.000 810.615 65.483.000 1.084.964 D) Most important products/services: 1) Manufacture industrial armature, 2) Services Number of employees: 151; of which with University degree:2

6) Basic data on enterprise to be privatized: Socially owned agricultural and tourist enterprise « PANONIJA » , PANONIJA Total estimated value of the capital sale : 464.118.000 Din or *6.783.532 EUR Auction sale code: 260204-1070 That is 70 % of the total capital of the enterprise. ID number:08056811 Deposit for participation in the auction is: 55.694.000 Din or 814.024 EUR Core activity: Growing of wheat, other seeds and sedllings Starting auction price is: 111.388.000. Din Minimum investment in enterprise to be privatized: 76.033.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Combine ( 3 pieces), (John Deer 9780 cts), 2) Tractor (4 pieces) (Massey Ferguson 8160), 3) 1. Pig farm «Mecker» (21752), 2. Cattle fodder factory (1842), 3. Machine Tractor ( 6 pieces) (John Deer 6820), 4) Tracotr ( 9 pieces) (MTZ-82), 5) Equipment for liquid pig workshop with accessory buildings (4292(, 4. Hotel «Panonija» (847), 5. food (Cima Pastone) Hotel «Biser» (1326), 6. Kaster – restaurant (573), 7. Management building (1212)

C) Land (m2): Land for development: ( 44520 ) – usage right, Agricultural land: (5642272) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 278.017.000 4.672.712 344.957.000 5.715.467 Total operating expenditures 257.249.000 4.323.658 365.896.000 6.062.397 D) Most important products/services: 1) Cattle growing, 2) Wheat and industrial plants, 3) Restaurant management and tourism, 4) Cattle fodder, 5) Retail sale Number of employees: 371; of which with University degree:13

7) Basic data on enterprise to be privatized: Limited liability enterprise for production of pipelines, hoses, valves, parts and equipment « VENTIL », ALEKSANDROVAC Total estimated value of the capital sale : 50.280.000 Din or *730.031 EUR Auction sale code: 260204-1071 That is 70 % of the total capital of the enterprise. ID number: 07705034 Deposit for participation in the auction is: 6.034.000 Din or 87.603 EUR Core activity: Production of parts and equipment for vehicles Starting auction price is: 12.067.000 Din Minimum investment in enterprise to be privatized: 3.665.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Universal lathe (TNP-200A, 1K-62, BANTAM,TNP-250), 2) Automatic machine (TRAUB, PF-40, 1. Management building (328), 2. Hall I (1055), 3. Hall 2 (1470), 4. Hall TB-60), 3) Milling machine, 4) Machine for sealing of coils, 5) Universal lathe (MIKRON WF2-35A), Ples (432), 5. Commercial building (80), 6. Warehouse (705) 6) Lathe automatic machine (TRAMINER-20), 7) Freight vehicle (Mercedes), 8) Phone operator (Panasonic) C) Land (m2): Land for development: ( 20208 ) , Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 79.516.000 1.336.448 58.705.000 972.662 Total operating expenditures 80.595.000 1.354.583 68.479.000 1.134.604 D) Most important products/services: 1) Metal constructions, 2) Metal products for construction sites, 3) Blacksmith’s, pressing and rolling of metals, 4) Shaping and coating of metal, 5) Basic machine works, 6) Manufacture of parts for motor vehicles Number of employees: 245 ; of which with University degree: 1

8) Basic data on enterprise to be privatized: Joint stock enterprise for wholesale and retail trade « KOPAONIK », BRUS Total estimated value of the capital sale : 130.857.000 Din or *1.899.968 EUR Auction sale code: 260204-1072 That is 68.775 % of the total capital of the enterprise. ID number: 07262922 Deposit for participation in the auction is: 13.086.000 Din or 189.997 EUR Core activity: Retail sale of food products Starting auction price is: 26.171.000 Din Minimum investment in enterprise to be privatized: 5.962.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Shelves and counters (manual production), 2) Cash registers (“TEK”), 3) Vehicle (Lada), 4) 1. Central warehouse (holder) (4100), 2. Shop Blazevo (247), 3. Shop Computers (CM-440) “Kriva reka” number 22 (289), 4. Shop “Grasevci” number 23 (136), 5. Shop “Vlajkovci 24) (256) C) Land (m2): Land for development: (14075), Agricultural land: ( 1248 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 28.682.000 482.067 5.584.000 92.519 Total operating expenditures 35.864.000 602.777 15.899.000 263.425 D) Most important products/services: 1) Retail trade in fruits and vegetables, 2) Retail sale of meat and meat products Number of employees: 90 ; of which with University degree: 2

9) Basic data on enterprise to be privatized: Socially owned shoe making enterprise « ZITOPROMET » , NIS Total estimated value of the capital sale: 81.061.000 din. or 1.176.950 EUR , Auction sale code: 260204-1073 That is 70 % of the total capital of the enterprise. ID number:07274408 Deposit for participation in the auction is: 9.727.000 din or 141.234 EUR. Core activity: Production of leather shoes Starting auction price is: 19.455.000 din. Minimum investment in enterprise to be privatized: 5.535.000 din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Electric vibrating drilling machine, 2) Electric typewritter «Olympia», 3) Electric boiler 150 kvv, 4) 1. Hall for manufacturing of shoes (7737) Truck Mercedes, 5) Passenger vehicle (Esperto GLX) C) Land (m2): Land for development: ( 0 ), Agricultural land: (0) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 37.890.000 750.297 50.885.000 855.239 Total operating expenditures 38.759.000 767.505 55.977.000 940.822 D) Most important products/services: 1) Production of leather shoes, 2) Production of textile shoes, 3) Sewing services Number of employees: 523; of which with University degree:8

10) Basic data on enterprise to be privatized: Socially owned mill and baking enterprise « 12. JANUAR » , PRIBOJ Total estimated value of the capital sale : 29.184.000 Din or *423.737 EUR Auction sale code: 260204-1074 That is 70 % of the total capital of the enterprise. ID number: 06957480 Deposit for participation in the auction is: 3.502.000 Din or 50.849 EUR Core activity: Production of mill products Starting auction price is: 7.004.000. Din Minimum investment in enterprise to be privatized: 6.129.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. Management building (283), 2. Bakery (627), 3. Wheat silo – new, 1) Transporter (T-38/22 Lancan, 2) Silo aspirator (T-MCA), 3) Elevator (T-6335), 4) Central capacity 1000 wagons (1000), 4. Old silo, capacity 500 wagons (1032), 5. ventilator (SV-45), 5) Mill metal aspirator (MMA-7515), 6) Rotation magnet (MAR-2), 7) Freight Shop number 1 (195), 6. Mill building 1432 (1432), 7. Warehouse (566) vehicle (IVECO-RIVAL-40 HN2/3), 8) Passenger vehicle (Renault) C) Land (m2): Land for development: ( 14943 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 25.410.000 427.073 14.563.000 241.289 Total operating expenditures 39.006.000 655.585 32.269.000 534.653 D) Most important products/services: 1) Doors, 2) Windows, 3) Balcony doors, 4) Openings, 5) Stairs Number of employees: 76; of which with University degree:1

11) Basic data on enterprise to be privatized: Socially owned trading and manufacturing enterprise « POBEDA-PROMET » , CUPRIJA Total estimated value of the capital sale : 25.209.000 Din or *366.013 EUR Auction sale code: 260204-1075 That is 70 % of the total capital of the enterprise. ID number:17122584 Deposit for participation in the auction is: 3.025.000 Din or 43.922 EUR Core activity: Production of mill products Starting auction price is: 6.050.000. Din Minimum investment in enterprise to be privatized: 946.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Rotation furnace («ZUCCHELLI» 1C/6E), 2) Freight vehicle ( 3 vehicles) (FAP 16-20, tow truck FAP 1. Management building (422), 2. Bakery (829), 3. Silo, cement 6000t 16-20, TAM 544-60), 3) Gas sieves ( 3 sieves) (), 4) Fermentation chamber (Benini), 5) (654), 4. Mill (596), 5. Old warehouse (455), 6. Warehouse – ground Passenger vehicle (Zastava 101), 6) Mill cylinders ( 7 cylinders) (Pobeda, Zagreb), 7) Centrifugal ventilator ( 8 pieces), (CP-7-40-N6) storage (906)

C) Land (m2): Land for development: ( 12409 ), Agricultural land: (0) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 37.791.000 635.164 43.558.000 721.697 Total operating expenditures 37.927.000 637.450 51.416.000 851.893 D) Most important products/services: 1) Flour (type 850, 500, 400), 2) Cattle flour, 3) Wheat chime, 4) Flour for intended use, 5) Semi white and white bread, 6) Baked goods Number of employees: 74; of which with University degree:4

12) Basic data on enterprise to be privatized: Socially owned transporting enterprise « JUGOPREVOZ RASKA » , RASKA Total estimated value of the capital sale : 44.318.000 Din or *647.113 EUR Auction sale code: 260204-1076 That is 70 % of the total capital of the enterprise. ID number:07183020 Deposit for participation in the auction is: 3.545.000 Din or 51.769 EUR Core activity: Transporting of passengers by road Starting auction price is: 7.091.000. Din Minimum investment in enterprise to be privatized: 6.431.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. Bus station, Raska (397), 2. Service for vehicles, Raska (925), 3. Bus 1) High tourist busses ( 2 busses) (TIPIK401), Neobus 40), 2) Inter city bus ( 5 busses) (C 315-21, station, Leposavic (570), 4. Service for vehicles, Leposavic (567), 5. IK- 301, Ik-301, C 315, C-315-21), 3) Busses ( 2 busses) (Mercedes 303, Mercedes 405), 4) Bus ( 4 Resort in Meljine (semi owner 24/100) (765) busses) (IK -303, Neobus NB 406, 161, FAP S 415-5), 5) Mini bus (Mercedes DB 613L)

C) Land (m2): Land for development: ( 7618 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO 104.176.000 1.750.916 115.414.000 1.912.253 Total operating revenues Total operating expenditures 125.182.000 2.103.970 121.812.000 2.018.259

D) Most important products/services: 1) Transporting of passengers, 2) Transporting of goods Number of employees: 257; of which with University degree:6

13) Basic data on enterprise to be privatized: Socially owned enterprise for manufacture of furniture « INOVA » , NOVA VAROS Total estimated value of the capital sale : 145.233.000 Din or *2.108.690 EUR Auction sale code: 260204-1077 That is 70 % of the total capital of the enterprise. ID number:07245092 Deposit for participation in the auction is: 17.428.000 Din or 253.042 EUR Core activity: Manufacture of various furniture Starting auction price is: 34.856.000. Din Minimum investment in enterprise to be privatized: 8.708.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Compressor, 2) Vehicle (Golf 1.9), 3) Device for cleaning of waste waters, 4) Freight vehicle 1Manufacture hall (22000), 2. Restaurant (2038), 3. Anti fire warehouse (Mercedes 12/17), 5) Computer (Pentium) (108), 4. Dryer (old and new) (1750) C) Land (m2): Land for development: ( 0 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 80.811.000 1.358.214 83.993.000 1.391.649 Total operating expenditures 88.790.000 1.492.319 42.638.000 706.453 D) Most important products/services: 1) Cupboards, 2) Shelves, 3) Bedrooms, 4) Office furniture Number of employees: 393; of which with University degree:14

14) Basic data on enterprise to be privatized: Socially owned trading enterprise « IZVOR » , MINICEVO Total estimated value of the capital sale : 2.984.000 Din or *43.323 EUR Auction sale code: 260204-1078 That is 70 % of the total capital of the enterprise. ID number:07127715 Deposit for participation in the auction is: 298.000 Din or 4.332 EUR Core activity: Wholesale and retail trade Starting auction price is: 597.000. Din Minimum investment in enterprise to be privatized: 390.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. Supermarket building Zajecar (71), 2. Supermarket building Minicevo 1) Computer (Pentium), 2) Bakery – line (Level), 3) Truck (TAM 130 T11B), 4) Passenger vehicle – (139), 3. Supermarket building Knjazevac (108), 4. Management building Lada (Riva 1300) (118), 5. Building of central warehouse (1051), 6. Workshop building (81)

C) Land (m2): Land for development: (6486) , Agricultural land; ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO 4.014.000 67.424 4.677.000 77.492 Total operating revenues Total operating expenditures 5.592.000 93.986 6.873.000 113.876

D) Most important products/services: 1) Flour, 2) Sugar, 3) Salt, 4) Oil, 5) Coffee Number of employees: 34; of which with University degree:0

15) Basic data on enterprise to be privatized: Socially owned enterprise « ZLATIBOR - GRADNJA » , UZICE Total estimated value of the capital sale : 18.511.000 Din or *268.771 EUR Auction sale code: 260204-1079 That is 70 % of the total capital of the enterprise. ID number:17123246 Deposit for participation in the auction is: 1.851.000 Din or 26.877 EUR Core activity: Other constructiona nd specialized works Starting auction price is: 3.702.000. Din Minimum investment in enterprise to be privatized: 4.679.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Cement and plaster factory (AB- 35), 2) Cement factory (AB-35), 3) Construction crane ( 5 1. Reinforced hall (Krcagovo) (995), 2. Management building ( part A and pieces) (X 1266), 4) Computer system «Micro Vax) ( 2 pieces) (3100-40/3100-10), 5) Machine for B) (781), 3. Hall – carpentry and blacksmith's workshop (612), 4. Boxes of production of cement blocks (HVP-2), 6) Crane (Demo – 5- MPX- 133M) cement factory (458), 5. House – aluminum container (371), 6. Hall for cement pipes (246)

C) Land (m2): Land for development: ( 0 ), Agricultural land: ( 0 ) Financial information for year: 2001. 30.04.2003. Shown in: Din **EURO Din **EURO Total operating revenues 5.041.000 78.758 Total operating expenditures 13.468.000 210.418 D) Most important products/services: 1) Cement, 2) Sand, 3) Processed iron, 4) Cement block, 5) Cement block, 5) Cement pipes, 6) Cement curbstones, 7) Building and finishing, 8) Adaptation and reconstructions Number of employees: 250; of which with University degree:13

16) Basic data on enterprise to be privatized: Socially owned enterprise « RATARSTVO » , SKORENOVAC

Total estimated value of the capital sale : 99.891.000 Din or *1.450.356 EUR Auction sale code: 260204-1080 That is 70 % of the total capital of the enterprise. ID number:08118361 Deposit for participation in the auction is: 9.989.000 Din or 145.036EUR Core activity: Husbandry Starting auction price is: 19.978.000. Din Minimum investment in enterprise to be privatized: 8.618.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1. New machine workshop – non-recorded user (600), 2. Sheepfold – non 1) Tractor ( 2 pieces) (M.Fergusson), 2) Combine (Zmaj Z – 143), 3) Furrow plow (MF – 715 recorded user (500), 3. Hangar Soko – non-recorded user (500), HRS), 4) Tow truck (Raba S 16), 5) Turnover plow ( INS – 155) 4. Agricultural pharmacy – non-recorded user (450), 5. Pig growing premise – 60 boxes – non-recroded user (500), 6. Management building (600) C) Land (m2): Land for development: ( 7571195 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 52.814.000 887.660 51.597.000 854.892 Total operating expenditures 59.582.000 1.001.412 57.190.000 947.560 D) Most important products/services: 1) Wheat, 2) Corn, 3) Soya, 4) Sunflower, 5) Concentrate Number of employees: 85; of which with University degree:7

17) Basic data on enterprise to be privatized: Socially owned enterprise with limited liability for manufacture of aluminum constructions « ALUMIN - ETC » , VRNJACKA BANJA Total estimated value of the capital sale : 266.000 Din or *3.867 EUR Auction sale code: 260204-1081 That is 70 % of the total capital of the enterprise. ID number:17119427 Deposit for participation in the auction is: 27.000 Din or 387 EUR Core activity: Manufacture of metal products Starting auction price is: 53.000. Din Minimum investment in enterprise to be privatized: 106.000 Din. Most important assets of the enterprise: A) Buildings – (m2): B) Equipment: 1) Pneumatic electrical drilling machine (Makita HR), 2) Aky drilling machine (Bosh GSR 12), 3) Electric vibrating drilling machine (Bosh GSB 20), 4) Electric saw (Bosh GVS 66), 5) Printer C) Land (m2): Land for development: ( 0 ), Agricultural land: ( 0 ) Financial information for year: 2001. 2002. Shown in: Din **EURO Din **EURO Total operating revenues 3.748.000 62.994 4.726.000 78.303 Total operating expenditures 4.693.000 78.877 4.990.000 82.677 D) Most important products/services: 1) Aluminum carpentry Number of employees: 6; of which with University degree:1