I) For sale of property:
The cost of property - JV "Oksaroy Tukimachi Ltd”- 58.0 million USD,

Term of redemption - up to 10 years;

Advance payment - payment of at least 15% of the amount of redemption value of the enterprise within three bank days after signing the contract. Or a bank guarantee of the payment in the form convenient for the Bank (not later than the date of signing the deed of conveyance and assignment of the property);

Repayment of the remainder of the redemption value - a) payment of at least 15% of the value of the property sold within two years after signing the contract; b) payment of the remaining 70% of the value of the property sold by equal semi-annual installments within 8 years from the beginning of the third year.

Other terms - a) to provide gradual utilization of production capacity of not less than 85% since the first year, b) to export at least 80% of produced goods from the first year; c) formalization of collateral (pledge, guarantee, bail) as guarantee of payments of the total value of redemption.

II) For transfer to the asset management:
The minimum amount of the annual payments-6.000,0 thousand USD;
The amount of the security deposit - not less than the annual payments, or to provide a bank guarantee for the aforesaid amount in the form convenient to the National Bank of Uzbekistan.

III) The amount of deposit (Bid Bond) for the sale and transfer to the asset management is 200.0 thousand USD.

If you have any questions on purchase or the acceptance of property of JV "Oksaroy Tukimachi Ltd”, please contact the following addresses:
1) 45a, Uzbekistan Avenue, Tashkent, 700100, Republic of Uzbekistan, 700100, Republic of Uzbekistan
Ministry of Economy of the Republic of Uzbekistan
Tel: 132-64-35
Fax: 132-64-16
2) National Bank for Foreign Economic Activity of the Republic of Uzbekistan
Tel: 235-39-52, Fax: 235-56-10