Common use of Participation Requirements Clause in Contracts

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at to the amount of USD 456.300,00RSD 8.114.900,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at to the amount of USD 456.300,00 RSD 8.114.900,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the a Consortium. Through the Consortium Agreement it has to be specified determined the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for sale of assets Sale and Purchase Agreement - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters documents - Duplicate Copy of the Public Invitation for participation in the Public bidding Bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 without VAT40.000,00. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returnedrefundable. The selling documents are available to interested parties commencing with from 27 December 2006 March until 29 December 2006 and from 08 January 2007 until 05 February 16 April 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule to the Subject of sale will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality AgreementAgreement on Keeping the Confidential Information; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00236.430,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 236.430,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right Any person who wishes to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public BiddingProcess (a “Potential Bidder”) must become a Qualified Bidder. As a Bidder can apply also prerequisite to becoming a Consortium consisted Qualified Bidder, a Potential Bidder, other than the Purchaser, must deliver (unless previously delivered) to the Seller, who shall promptly deliver copies to the Official Committee of domestic and/or foreign legal entities and/or individuals Unsecured Creditors (hereinafterthe “Committee”), if one is appointed in the Debtor’s case: Consortium). Through (i) an executed confidentiality agreement substantially in the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium form attached hereto as Exhibit 2, (hereinafter: the Authorized Representative ii) current audited financial statements of the ConsortiumPotential Bidder, or, if the Potential Bidder is an entity formed for the purpose of acquiring the Assets, current audited financial statements of the equity holders of the Potential Bidder who shall guarantee the obligations of the Potential Bidder, or such other form of financial disclosure and credit-quality support or enhancement acceptable to the Seller, and (iii) a preliminary (non-binding) written proposal regarding (a) the purchase price range, (b) any Assets expected to be excluded, (c) the structure and financing of the transaction (including, but not limited to, the sources of financing of the Purchase Price (as defined in the Agreement) and the requisite deposit, (d) any anticipated regulatory approvals required to close the transaction, the anticipated time frame and any anticipated impediments for obtaining such approvals, (e) any conditions to closing that it may wish to impose in addition to those set forth in the Agreement, and (f) the nature and extent of additional due diligence it may wish to conduct and the date by which such due diligence will be completed. A Potential Bidder who delivers the documents described in the previous subparagraphs above and whose financial information and credit-quality support or enhancement demonstrate the financial capability of such Potential Bidder to consummate the Sale, if selected as the successful bidder, and who the Seller, in consultation with the Committee (if one is appointed in the Debtor’s case), determine (based on availability of financing, experience, and other considerations) to act be able to consummate the Sale within the time frame provided by the Agreement shall be deemed a “Qualified Bidder.” As promptly as practicable, after a Potential Bidder delivers all of the materials required above, the Seller, in consultation and with the Committee (if one is appointed in the Debtor’s case), shall determine, and shall notify the Potential Bidder, whether such Potential Bidder is a Qualified Bidder. At the same time that the Seller notifies the Potential Bidder that it is a Qualified Bidder, the Seller shall allow the Qualified Bidder to begin to conduct due diligence with respect to the Assets as provided below. Notwithstanding the foregoing, the Purchaser for itself or on behalf of and its designee, assignee or affiliate, shall be deemed a Qualified Bidder for the account purposes of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to BiddersProcess.

Participation Requirements. The right Right to participate participation in the Public Bidding have parties parties, which have cumulatively fulfilled the following requirementsrequirements as follows: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality AgreementAgreement on Keeping the Confidential Information; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at to the amount of USD 456.300,00RSD 4.369.900,00, which can also be paid in the RSD counter-value, value of the foreign convertible value calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 submitted, along with the Application for participation in the Public Bidding, the Bid Bond to the amount of RSD 4.369.900,00, which can is also be paid payable in the RSD counter-valuevalue of the foreign convertible currency, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium provisions of the Agreement on Consortium, members of Consortium have to must authorize one of them their members to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the The Consortium Agreement it has to be specified the must stipulate unlimited joint and several liability liabilities of all members of a the Consortium. The Agreement on Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must containconsist of: - The Confidentiality Agreement Agreement; - Application form Form for participation in the Public Sale Bidding; - Draft SPA for оn sale of assets shares; - Rules of on the Public Bidding procedure – Instructions to Bidders Bidders; - Relevant documents related to property and – legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may matters. Interested parties can purchase selling documents at the price of RSD 40.000,00 without VAT, after the invoice by the Privatization Agency has been issued. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx., 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to refundable. Selling documents shall be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 24 April 2007 until 05 February 22 May 2007, on working days from 09:00 by - 16:00. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with according to the Rules of the on Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at to the amount of USD 456.300,00342.225,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 342.225,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for Agreement on sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 without VAT. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with from 27 December 2006 until 29 December 2006 and from 08 January March 2007 until 05 February 16 April 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined established in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding bidding have parties parties, which have cumulatively fulfilled the following requirements: • which have purchased the Bidding documents; • which have signed concluded the Confidentiality Agreement; • which have submitted the Application application for participation in the Public Salesale; • which have paid in the deposit for participation in the Public Bidding at bidding in the amount of USD 456.300,00EUR 418.880,00, which can is also be paid payable in the RSD counter-value, equivalent calculated according to the official intermediate selling exchange rate of the NBS, current on the announcing date of the Public Invitation invitation or have submitted the Bid Bond at the amount of USD 456.300,00 along submitted, together with the Application application for participation in the Public Biddingbidding, the Bid Bond, amounting to EUR 418.880,00, which can is also be paid payable in the RSD counter-valueequivalent, calculated according to the official intermediate selling exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public BiddingInvitation, and • have registered for participation in the Public Biddingbidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through By the Consortium Agreement on Consortium, the members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized Representative representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the The Consortium Agreement it has to be specified the must stipulate unlimited joint and several liability liabilities of all members of a the Consortium. The Agreement on Consortium Agreement has to be submitted along together with the Application application for participation in the Public Biddingbidding. Selling (bidding) documentsdocumentation: Selling documents documentation must contain: - The Confidentiality Agreement Agreement; - Application form Form for participation in the Public Sale bidding; - Draft SPA for sale of assets Stake SPA; - Rules of on the Public Bidding procedure – Instructions to Bidders Bidders; - Relevant documents related to property and – legal matters matters; - Duplicate Copy of the Public Invitation invitation for participation in the Public bidding Those who are interested may bidding. Interested parties can purchase the selling documents at the price of RSD 40.000,00 without VAT, after the invoice has been issued by the Privatization Agency. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx., 0xx floor, office 511. The funds money paid for the purchase of the selling documents are is not to be returned. The selling Selling documents are shall be available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 200722.10.2008. Deadline for collection of the selling documents is 12.11.2008, on working days from 09:00 by 16:00at 16:30. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with according to the Rules of the Public Bidding bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 17.386.500,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 RSD 17.386.500,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized authorized Representative of the Consortium) to act on behalf of and for the account of the a Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate Copy of the Public Invitation for participation in the Public bidding Bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 without VAT40.000,00. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 23 February until 05 February March 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 1.553.866,00, which what can also be paid in the RSD counter-value, value of the foreign convertible currency calculated according to the official intermediate exchange rate of the NBS, NBS current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 submitted, along with the Application for participation in the Public Bidding, which the Bid Bond at the amount of RSD 1.553.866,00, what can also be paid in the RSD counter-value, value of the foreign convertible currency calculated according to the official intermediate exchange rate of the NBS, NBS current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized authorized Representative of the Consortium) to act on behalf of and for the account of the a Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for Agreement on sale of assets shares - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 40.000,00, without VAT, after the invoice has been issued by the Privatization Agency. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floorxxxxx, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 can be purchased from 19 March until 29 December 2006 and from 08 January 2007 until 05 February 10 April 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined established in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 1.553.866,00, which what can also be paid in the RSD counter-value, value of the foreign convertible currency calculated according to the official intermediate exchange rate of the NBS, NBS current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 submitted, along with the Application for participation in the Public Bidding, which the Bid Bond at the amount of RSD 1.553.866,00, what can also be paid in the RSD counter-value, value of the foreign convertible currency calculated according to the official intermediate exchange rate of the NBS, NBS current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized authorized Representative of the Consortium) to act on behalf of and for the account of the a Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for Agreement on sale of assets shares - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 40.000,00, without VAT, after the invoice has been issued by the Privatization Agency. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 can be purchased from 19 March until 29 December 2006 and from 08 January 2007 until 05 February 10 April 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined established in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 577.200,00, which can also be paid in the RSD counter-valuevalue of the foreign convertible currency, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 RSD 577.200,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-valuevalue of the foreign convertible currency, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified determined the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for sale of assets shares - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT, after the invoice by the Privatization Agency has been issued. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by - 16:00. The parties which have purchased the Bidding sidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 11.138.100,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 RSD 11.138.100,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized authorized Representative of the Consortium) to act on behalf of and for the account of the a Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate Copy of the Public Invitation for participation in the Public bidding Bidding Those who are interested may can purchase selling documents at the price of RSD 40.000,00 without VAT40.000,00. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 23 February until 05 February March 2007, on working days from 09:00 by to 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00122.550,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 122.550,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding bidding have parties parties, which have cumulatively fulfilled the following requirements: • which have purchased the Bidding documents; • which have signed concluded the Confidentiality Agreement; • which have submitted the Application application for participation in the Public Salesale; • which have paid in the deposit for participation in the Public Bidding at bidding in the amount of USD 456.300,00EUR 418.880,00, which can is also be paid payable in the RSD counter-value, equivalent calculated according to the official intermediate selling exchange rate of the NBS, current on the announcing date of the Public Invitation invitation or have submitted the Bid Bond at the amount of USD 456.300,00 along submitted, together with the Application application for participation in the Public Biddingbidding, the Bid Bond, amounting to EUR 418.880,00, which can is also be paid payable in the RSD counter-valueequivalent, calculated according to the official intermediate selling exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public BiddingInvitation, and • which have registered for participation in the Public Biddingbidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through By the Consortium Agreement on Consortium, the members of Consortium have to authorize one of them to represent the a Consortium (hereinafter: the Authorized Representative representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the The Consortium Agreement it has to be specified the must determine unlimited joint and several liability liabilities of all members of a the Consortium. The Agreement on Consortium Agreement has to be submitted along together with the Application application for participation in the Public Biddingbidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement Agreement; - Application form Form for participation in the Public Sale public sale; - Draft SPA for sale of assets Stake SPA; - Rules of the Public Bidding bidding procedure – Instructions to Bidders Bidders; - Relevant documents related to property and – legal matters matters; - Duplicate Copy of the Public Invitation invitation for participation in the Public bidding Those who are interested may bidding. Interested parties can purchase the selling documents at the price of RSD 40.000,00 without VAT, after the invoice has been issued by the Privatization Agency. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx., 0xx floor, office 511. The funds money paid for the purchase of the selling documents are is not to be returned. The selling Selling documents are shall be available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 200727.11.2008. Deadline for collection of the selling documents is 10.12.2008, on working days from 09:00 by 16:00at 16:30. The parties which have purchased purchase the Bidding selling documents and signed sign the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with according to the Rules of the Public Bidding bidding procedure – Instructions to Bidders.

Participation Requirements. The right Any person who wishes to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-value, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public BiddingProcess (a “Potential Bidder”) must become a Qualified Bidder. As a Bidder can apply also prerequisite to becoming a Consortium consisted Qualified Bidder, a Potential Bidder, other than the Purchaser, must deliver (unless previously delivered) to the Seller, who shall promptly deliver copies to the Official Committee of domestic and/or foreign legal entities and/or individuals Unsecured Creditors (hereinafterthe “Committee”), if one is appointed in the Debtor’s case: Consortium). Through (i) an executed confidentiality agreement substantially in the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium form attached hereto as Exhibit 2, (hereinafter: the Authorized Representative ii) current audited financial statements of the ConsortiumPotential Bidder, or, if the Potential Bidder is an entity formed for the purpose of acquiring the Assets, current audited financial statements of the equity holders of the Potential Bidder who shall guarantee the obligations of the Potential Bidder, or such other form of financial disclosure and credit-quality support or enhancement acceptable to the Seller, and (iii) a preliminary (non-binding) written proposal regarding (a) the purchase price range, (b) any Assets expected to be excluded, (c) the structure and financing of the transaction (including, but not limited to, the sources of financing of the Purchase Price (as defined in the Agreement) and the requisite deposit, (d) any anticipated regulatory approvals required to close the transaction, the anticipated time frame and any anticipated impediments for obtaining such approvals, (e) any conditions to closing that it may wish to impose in addition to those set forth in the Agreement, and (f) the nature and extent of additional due diligence it may wish to conduct and the date by which such due diligence will be completed. A Potential Bidder who delivers the documents described in the previous subparagraphs above and whose financial information and credit-quality support or enhancement demonstrate the financial capability of such Potential Bidder to consummate the Sale, if selected as a successful bidder, and who the Seller, in consultation with the Committee (if one is appointed in the Debtor’s case), determine (based on availability of financing, experience, and other considerations) to act be able to consummate the Sale within the time frame provided by the Agreement shall be deemed a “Qualified Bidder.” As promptly as practicable, after a Potential Bidder delivers all of the materials required above, the Seller, in consultation and with the Committee (if one is appointed in the Debtor’s case), shall determine, and shall notify the Potential Bidder, whether such Potential Bidder is a Qualified Bidder. At the same time that the Seller notify the Potential Bidder that it is a Qualified Bidder, the Seller shall allow the Qualified Bidder to begin to conduct due diligence with respect to the Assets as provided below. Notwithstanding the foregoing, the Purchaser for itself or on behalf of and its designee, assignee or affiliate, shall be deemed a Qualified Bidder for the account purposes of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale - Draft SPA for sale of assets - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to BiddersProcess.

Participation Requirements. The right to participate Right of participation in the Public Bidding have parties parties, which have cumulatively fulfilled the following requirementsrequirements as follows: • have purchased the Bidding documentsDocuments; • have signed the Confidentiality AgreementAgreement on Keeping the Confidential Information; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 8.739.800,00, which can also be paid in the RSD counter-value, value of the foreign convertible value calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 submitted, along with the Application for participation in the Public Bidding, which the Bid Bond at the amount of RSD 8.739.800,00, what can also be paid in the RSD counter-valuevalue of the foreign convertible currency, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can bidding participant may apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium provisions of the Agreement on Consortium, members of Consortium have to must authorize one of them their members to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement must stipulate unlimited joint and several liabilities of all members of the Consortium. The Agreement on Consortium has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must containinclude: - The Confidentiality Agreement Agreement; - Application form Form for participation in the Public Sale Bidding; - Draft SPA for оn sale of assets shares; - Rules of on the Public Bidding procedure – Instructions to Bidders Bidders; - Relevant documents related to property and – legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may matters. Interested parties can purchase selling documents at the price of RSD 40.000,00 without VAT, after the invoice by the Privatization Agency has been issued. After payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx., 0xx floor, office 511. The funds paid for the purpose of purchase of the selling documents are not to refundable. Selling documents shall be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by - 16:00. The parties which have purchased the Bidding selling documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with according to the Rules of the on Public Bidding procedure – Instructions to Bidders.

Participation Requirements. The right to participate in the Public Bidding have parties which have cumulatively fulfilled the following requirements: • have purchased the Bidding documents; • have signed the Confidentiality Agreement; • have submitted the Application for participation in the Public Sale; • have paid in the deposit for participation in the Public Bidding at the amount of USD 456.300,00RSD 881.300,00, which can also be paid in the RSD counter-valuevalue of the foreign convertible currency, calculated according to the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation or have submitted the Bid Bond at the amount of USD 456.300,00 RSD 881.300,00 along with the Application for participation in the Public Bidding, which can also be paid in the RSD counter-valuevalue of the foreign convertible currency, calculated according to in accordance with the official intermediate exchange rate of the NBS, current on the announcing date of the Public Invitation for participation in the Public Bidding, and • have registered for participation in the Public Bidding. As a Bidder can apply also a Consortium consisted of domestic and/or foreign legal entities and/or individuals (hereinafter: Consortium). Through the Consortium Agreement members of Consortium have to authorize one of them to represent the Consortium (hereinafter: the Authorized Representative of the Consortium) to act on behalf of and for the account of the Consortium. Through the Consortium Agreement it has to be specified the unlimited joint and several liability of all members of a Consortium. The Consortium Agreement has to be submitted along with the Application for participation in the Public Bidding. Selling (bidding) documents: Selling documents must contain: - The Confidentiality Agreement - Application form for participation in the Public Sale Bidding - Draft SPA for sale of assets shares - Rules of the Public Bidding procedure – Instructions to Bidders - Relevant documents related to property and legal matters - Duplicate of the Public Invitation for participation in the Public bidding Those who are interested may purchase selling documents at the price of RSD 40.000,00 without VAT, after the invoice by the Privatization Agency has been issued. After the payment evidence has been submitted, the selling documents can be collected at the following address: Privatization Agency, Belgrade, 00 Xxxxxxxx Xx, 0xx floor, office 511. The funds paid for the purchase of the selling documents are not to be returned. The selling documents are available to interested parties commencing with 27 December 2006 until 29 December 2006 and from 08 January 2007 until 05 February 2007, on working days from 09:00 by 16:00. The parties which have purchased the Bidding documents and signed the Confidentiality Agreement will be enabled to visit the Subject of sale. The site visit schedule will be determined in accordance with the Rules of the Public Bidding procedure – Instructions to Bidders.