Kosovo: KTA Announces Provisional Winners of the 15th Wave

Prishtinë, 21 June 2006 – The Kosovo Trust Agency announced the provisional winners of the 15th Wave of Privatisation at today’s 15th Bid Opening Ceremony.

– A total of 23 NewCos were available for purchase.
– 22 NewCos were available via “Regular Spin-off.”
– 1 NewCo – Jugoterm – was available via “Special Spin-off.”

The second Bid Day for the 15th Wave Special Spin-off – Jugoterm will be held next Wednesday, 28 June 2006.

101 bids were received for the Regular Spin-off NewCos. The total value of the highest bids, in total, was € 12,148,102.

The results, and winners, are provisional. The Kosovo Trust Agency is now working to finalize all sales, contingent upon background checks and the completion of payments by the provisional winning bidders, and finalization of all sales contracts.