RESOLUTION OF THE STATE COMMITTEE OF THE REPUBLIC OF UZBEKISTAN ON MANAGEMENT OF THE STATE-OWNED PROPERTY AND SUPPORT OF THE ENTREPRENEURSHIP

of September 3, 2004 No. 01/18-48

About approval of Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management

According to the resolution of the President of the Republic of Uzbekistan of March 31, 2015 No. PP-2327 "About creation of the Commission on increase in efficiency of activities of joint-stock companies and to enhancement of corporate management system", resolutions of the Cabinet of Ministers of the Republic of Uzbekistan of April 19, 2003 "About measures for enhancement of corporate management by the privatized companies", of November 14, 2012 No. 322 "About the organization of activities of the State committee of the Republic of Uzbekistan for privatization, demonopolization and development of the competition", of June 11, 2013 No. 165 "About measures for the organization of activities of the Center for management of the state assets under the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition" the State committee of the Republic of Uzbekistan on privatization, demonopolization and development of the competition decides No. 189:

1. Approve Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management according to appendix.

2. Recognize invalid resolutions of the State Property Committee of the Republic of Uzbekistan:

of May 17, 2001 No. 01/06-4 "About approval of Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management"

of April 26, 2002 No. IU-01/45 "About modification and amendments in Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management"

of May 20, 2003 No. 01/06-01-2 "About modification and amendments in Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management".

3. This resolution becomes effective after ten days from the moment of its state registration the Ministry of Justice of the Republic of Uzbekistan.

Approved by the Resolution of the State Property Committee of the Republic of Uzbekistan of September 3, 2004 No. 01/18-48

Rules of carrying out tenders on transfer of the state blocks of shares (shares) in trust management

These rules according to the Presidential decree of the Republic of Uzbekistan of April 18, 2017 No. UP-5016 "About Formation of the State Committee of the Republic of Uzbekistan on Assistance to the Privatized Companies and Development of the Competition", the resolution of the President of the Republic of Uzbekistan of March 31, 2015 No. PP-2327 "About creation of the Commission on increase in efficiency of activities of joint-stock companies and to enhancement of corporate management system", resolutions of the Cabinet of Ministers of the Republic of Uzbekistan of April 19, 2003 No. 189 "About measures for enhancement of corporate management by the privatized companies", of October 16, 2006 No. 215 "About measures for ensuring effective management of the companies with the state share in authorized fund and proper accounting of state-owned property", of November 14, 2012 No. 322 "About the organization of activities of the State committee of the Republic of Uzbekistan for privatization, to demonopolization and development of the competition", of June 11, 2013 No. 165 "About measures for the organization of activities of the Center for management of the state assets under the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition" and of June 23, 2017 No. 419 "About approval of the Regulations on the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition" is determined by procedure and conditions of carrying out tenders on transfer of the state blocks of shares (shares) (further - the state shares) in authorized capitals of economic societies in trust management (further - tender).

I. Procedure for submission of documents by the applicant for participation in tender

1. For participation in tender the applicant shall not later than five days before date of its carrying out give to the Center for management of the state assets under the State committee of the Republic of Uzbekistan on assistance to the privatized companies and development of the competition (further - the Center):

the bid on the right of trust management of the state share of economic society in the form specified in appendix No. 1;

the business plan on trust management of the state share (further - the business plan) packed into opaque envelope under seal the applicant;

information about the applicant in the form specified in appendix No. 2;

other documents specified in appendix No. 3;

The submitted documents numbering more than one leaf shall be numbered, stitched, certified by the authorized signature and are under seal the applicant on insertion, except for business plans of the these rules represented according to Item 3.

For participation in tender the documents provided by paragraphs second and third this Item are represented by the applicant separately on each state share delivered in trust management.

2. For the organization of carrying out tender by the Center the contest committee (further - the commission) which in the activities is guided by these rules is created.

The secretariat of the commission approved according to the solution of the Center consolidates the requests and documents which arrived in the Center for participation in tender, performs correctness of their registration with representation of the relevant information of the commission.

3. Business plans of applicants are represented in sealed envelopes which are opened on commission session.

Business plans of the applicant shall contain:

the analysis of current status of the company including disclosure strong and weaknesses of the company;

marketing researches of the market (industry);

reasonable forecast indicators of profit increase (for three years);

the program of activities of trust management on:

to representation of interests of the state as shareholder (participant);

to determination of the development strategy of the company;

to ensuring safety and rational use of property of the company;

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