In execution the law for amendment some articles of 4th Economic, Social and Cultural Development Plan of Islamic Republic of Iran and its related regulation, concerning general policies under Principle 44, Constitution, the Privatization Organization is intended to sell the stocks of TCI through Public Notice to those purchasers whose financial and technical competence is approved by Privatization Organization (strategic customers), through Stock Market, with the following specifications:

1- Terms of Transaction
1-1- The above-mentioned price is the share stand price. It is evident that the highest proposed price is the basis for transaction price.
1-2- The applicants should send their request for purchasing the shares and its related documents concerning their financial and technical competence – including title of the company, type of activities, the registered capital, date and place of registration, the latest balance sheet – loss and profit balance sheet, the composition of share holders and percentage of their shares, member of the boards and their backgrounds, capital investment with other companies and their seperated projects – within thirty (30) days from the first publication of the call up (02.09.2009) to the Privitization Organization.
1-3 The applicants can purchase the shares in the framework of Iranian and Foreigner or Iranian Consortium  .
 
 Note : Foreigner shareholders can take necessary actions for purchasing at most twenty eight percent (28%) shares of Telecommunication Company of Iran (56 percent of offerable  shares) within the framework of the consortium .
1-4  The applicants are obliged to observe all the commitments , debts and orders attached to the issued licence , which are stable parts of transactions and one of the conditions of agreement for transferring the shares.
1-5  The purchasers are committed to preserve the level of employment for 32757 individuals for five (5) years .
1-6  Just those applicants who have received the confirmation of Stock Market Organization can participate in purchasing the shares of TCI .
1-7  Cash transfer of shares is prior. If the applicants are inclined to instalment purchase of the shares, twenty percent (20%) of the total price of the transaction should paid in cash and eighty percent (80%) should be paid in instalments within eight (8) years, while calculating the related premium .
 
Note : In instalment transactions, time duration for paying the instalment would be every six months and marketing premium would be equal to fifty percent (50%) of banking system premium in Mines and lndustries sector .
1-8  In instalment transaction case, till the total payment price of the transaction,
 the share slips would remain to the seller as security.
1-9  According to  Article 20 – Note 4 – of the law for amendment of some articles of the Fourth Economic, Social and Cultural Development Plan and executing the general policies under Principle 44 – Constitution, the cooperation sector has, in equal condition, priority for purchasing the shares.
1-10  Transfering the shares would  carried out according to the agreement which its sample as well as the above –said conditions and notarial proxy are available at Privatization Organization and Stock Market Organization; Purchasers are obliged to observe the mentioned contexts. From Privatization Organization’s point of view , participation in Stock Market  Tender means that purchasers are aware of the above-said conditions and those mentioned in agreement and fully accept and observe them.
 
2- Financial, non – financial motives and discounts of controlling blocked shares.
2-1  Purchasers of cotrolling shares (The least rate of shares for determining the maximum members of the boord) who during the instalment period take actions for increasing the personnel of the company more than the numbers registered in the transfering document, or teach and employ the surplus personnel of other transfered companies, in the case of having the necessary qualifications, will benefit respectively from the financial and non – financial motives provided in the guide direction No. 63/2/206295 dated 18-1-1388 .
2-2  Financial motives will be offered to the qualified purchasers in the form of three distinct motives including: offering discount to the main price of the transaction, decreasing the premium of instalment selling and periodical discount which means to review the period of agreement resulted from lengthening the instalment payment period.
Note: Offering the financial and non-financial motives depends on presenting the written program for preserving and increasing the current level of employment and re-training the personnel, meanwhile, the condition for using the financial motives related to paragraph 2-3 , is the increasing of the annual average number of the personnel after transfering, in comparison with registered number in transfering document with regard to those replaced individuals in lieu of those retired and redeemed individuals during post – transfering years,provided that the decrease in the number of personnel not be more than ten percent (10%) during the examination period.
2-3  Controlling share purchasers, in the case of having necessary qualifications and taking some actions such as new investment, promoting the efficiency and productivity, continued production, developing the production level, upgrading the technology and stabling the employment level in transfering company would enjoy the discounts related to the guide direction about the way of commitment possession, terms publications and offering the discounts dated  12-3-2009 of transfering board.
 
 
3- Others
3-1  Stock offering will begin after collecting all the applications (just those applications which have the confirmation of Privatization Organization), during the appointed period in paragraph 1-2 and from  9-9-2009  in Stock Market Organization.
3-2  After entering the purchase order, the purchaser agents should unconditionally receive three percent (3%) of notified stand stock price, in cash or in the form of banking guarantee, from those customers confirmed by Privatization Organization, as the deposit of the company in stock market, for guarantee the purchasers’ commitment and to pay it to the account of Central Deposit Company of negotiable papers and fee settlement.
3-3  In the case of non-payment of the transaction price by the bearer of the tender within thirty (30) days after the date of official notice, her (his) deposit will be restrained by the Organization.
3-4  The applicants are undertook that they are not among those legally forbidden from any transaction and are not included by Article 24 of amendment law of some articles of Fourth Development Plan and execution of policies of Principle 44, Constitution, ratified on 22-7-2008 and the non- intervention of governmental employees in governmental and civil transactions approved on 1958.
3-5  For more information and adapting the letter of introduction for visiting the company, the applicants can refer to Management for transfering and investment support of Privatization Organization, or Stock Market Organization at official hours and days, not later than 5-11-2009.

The address of Privatization Organization is below:
No.309, Third Floor, No 75, North Zarafshan street, Qods town
Internet site of the Privatiozation Organization:
www.ipo.ir