Source Pravda.Ru

What's for sale in Russia: Auction Info - "ElectroRadioAvtomatika" public corporation

“PRAVDA.RU” launches a new project. We will be publishing information concerning various federal property auctions. The newspaper has signed an agreement with representatives of the Russian Fund of Federal Property. “PRAVDA.RU” will provide the most detailed information regarding the upcoming auctions. Should you decide to participate in any one of them, do not hesitate to forward your inquiries to the following address: post@pravda.ru

Auction

"ElectroRadioAvtomatika" public corporation

North-Western interregional branch of the Russian Fund of Federal Property informs of the upcoming auction of the company’s shares.

I. General info

1. Permission - Terms and conditions regarding privatization of shares of “ElectroRadioAvtomatika” public corporation has been approved by the Ministry of State Property of the Russian Federation (decree issued Sep 19 2003, №4114).

2. Share owner – The Russian Federation represented by a specialized government establishment under the government of the Russian Federation “Russian Fund of Federal Property”.

3. Auction host (Seller) – North-Western interregional branch of the Russian Fund of Federal Property.

4. Auction type (means of privatizations) – public auction; open to any number of participants; bidding terms are not disclosed.

5. Registration for the auction starts on - July 20th, 2004 6. Registration ends on – August 16th, 2004 7. Time and Place of the registration – weekdays 2:00 pm to 5:00 pm MSK; auction will be held at the following address: St. Petersburg, Russia, Smolny street, building 3, Room № 3-113.

Contact phone number: +7(812) 279-50-95

8. Date, time and place of registration for perspective participants: August 19, 2004; at 11:30 am MSK; at the following address: St. Petersburg, Russia, Smolny street, building 3, 3rd floor.

II. Information about shares to be put up for auction

1.Total number, State’s registration number, categories of shares to put up for auction – 1 share, State’s registration number - 72-1п-1263 (Jul 4, 1994);

2. Total face value of shares – 10 rubles.

3. Regulatory value of shares to be put up for auction – 10 rubles.

4. Starting price – 255 rubles

5. Additional charges – none

III. Information of the share issuer

1. Name of the company in full and in abbreviated form, Zip code, auction address, State’s registration information

Name of the company in full – “ElectroRadioAvtomatika” public corporation

Abbreviated form – “ElectroRadioAvtomatika”

Company’s address: 190000, St. Petersburg, Russia, Grivtsov alleyway, building 1/64

State’s registration information:

Public corporation “ElectroRadioAvtomatika” has been registered by St. Petersburg’s registering chamber June 29 1994 (№8512).

Main State registration number – 1027810260136 (series 78№004280790)

Date of the record – Nov 12 2002

2. List of products (services) – wiring works, submarine tuning (service of Russian Navy)

3. Assessed contribution of the public corporation, total quantity of issued shares, their face value:

Assessed value – 285 160 rubles Total quantity of issued shares – 28 516 shares State’s registration number – 72-1п-1263 (of July 4, 1994).

Face value of all shares is 10 rubles.

4. Register holder – public corporation “Central Moscow Depositary”. Location: 105066, Moscow, Russia, Olkhovskaya street, building 22 Contact Phone: +7(095)265-43-27

5. Balance-sheet of the public corporation (latest report) 6. Liabilities of the public corporation – according to the data provided by “ElectroRadioAvtomatika” public corporation (as of Apr 1 2004) the corporation owes federal budget 11133 rubles; 11853 rubles; state’s off-budget funds -4396 rubles.

7. Number of staff members of the public corporation (as of Apr 1 2004)- 864 people

8. Total ground area of the property: ground area (St. Petersburg, Russia, Energetik Ave, building 21), 4767 sq m (company’s property)

ground area (Leningradskaya region, Vyborsky district), 2,69 hectare (permanent use)

ground area (Leningradsky region, Vyborgsky district, fishing zone), 166,6 sq m

ground area (Leningradsky region, Vyborgsky district, town of Vysotsk), 598 sq m (company’s property)

9. Information regarding a part of the products (services) of the public corporation that is on the list of managing subjects, whose possessions equal to or exceed 35 % of a product on the market.

Not on the list

10. Information regarding any subsidiaries and/or any affiliates (their shares)

“Briz” company (issuer’s portion of authorized capital stock-100%)

“Montazhsnab” (25% of shares)

11. Additional data regarding issuer – for inquiries please visit St. Petersburg, Russia, Smolny street, building 3, Room №3-113. Contact phone: +7(812) 279-50-95.

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