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SOFIA MUNICIPAL PRIVATISATION AGENCY

LIST OF THE MUNICIPAL PARTICIPATION IN THE CAPITAL OF TRADE SOCIETIES READY FOR PRIVATISATION OR IN PROCESS OF PREPARATION DURING THE YEAR (AS A SHAREHOLDER'S PARTICIPATION OR AS SEPARATE UNITS):

I. MAJORITY SHARES (including privatization of separate units)
1. "BKS - CENTER" EAD 100% (Supplement ¹ 1)
2. SOFIYSKI IMOTI" EAD 100% (Supplement ¹ 2)
3. "GALATEYA 2002" EAD 100% (Supplement ¹ 3)
4. MUNICIPAL BANK AD 70,54 % (Supplement ¹ 4)

II. MINORITY SHARES
1."FINA MEHANIKA" AD 25%
2."HLEBNI IZDELIA KNIAZHEVO"AD 7,5%
3."BKS - LOSENETS" AD 3,57 %
4."BKS - SREDETS" AD 1,085% **

III. COMPANIES WITH PENDING CASES
1. "OZELENIYAVANE" EAD (after the detachment of the Municipal Company RARKJOVE I GRADSKI GRADINI") - 100%
2. "INTEGRAL-98" OOD 80%
3. "SHEVRO" AD 30%
4."NADEJDA" OOD 20%
5."TAXI-C-EXPRESS" AD 8,95%
6. "NASH DOM" AD 3%

LIST OF THE SITES (SEPARATE UNITS) READY FOR PRIVATISATION OR IN PROCESS OF PREPARATION DURING THE YEAR:

"METROPILITAN" EAD
Parking, at the corner of Slivnitsa Blvd. and P. Vladigerov Blvd.

"SOFIYSKI IMOTI" AD
Premises, 6 Korab planina St.

"SPORTNA SOFIA - 2000" EAD
2 regulated land estates , 4 "Stara planina" St.
Regulated land estate, Zelenika St., Ovcha kupel countryside

"V i K" EOOD

Premises in a hydrophore, Liyulin district, near block of flats 434
Shop, Zona B-5 district, block of flats 3
Premises in a hydrophore, Levski-V district, near block of flats 1
Premises, Liyulin district, near block of flats 985

"GALATEYA - 2000" EAD
Buildings and a regulated land estate, Medet Region, Town of Pirdop.
Buildings and a regulated land estate, Sredni guiol Region, Town of Panagurishte
Buildings and a regulated land estate, Sarafovo Region, Town of Bourgas
.
"LOZANA" EAD
Public utilities' center, Obeliya district, 3rd St.

"SOFINVEST" EOOD
Shop, Zona B-18 district, block of flats 5
Shop ¹ 1, Zona B-18 district, block of flats 14
Warehouse with a regulated land estate, 7 Ivan Gergov St.

BANKYA Municipality
Workshop, Bankya town, 20 Hr. Smirnenski St. *
Shop, Bankya town, 20 Hr. Smirnenski St.* Premises in a kiosk switch gear, Beli Breg zone, division 3*

VITOSHA Municipality
Building with a regulated land estate, 1 Morenite St. *
Premises in a kiosk switch gear, 141 Simeonovko shosse St.*

VRABNITSA Municipality
Premises 2 (grocer's shop), Nadejda district, block 530, entr.A*
Premises, Vrabnitsa-1 district, near block of flats 535
Premises, Vrah Mancho district, block of flats 2, entr. B
Premises, Vrah Mancho district, block of flats 3, entr. G
Building with a regulated land estate, 11 Dvadesset i treti dekemvri St.

VAZRAJDANE Municipality
Shop 1, Serdica district, block of flats 15A, entr. A
Premises ¹ 1, Zona B-5-3 district, block of flats 24
Premises ¹ 2, Zona B-5-3 district, block of flats 24
Premises ¹ 3, Zona B-5-3 district, block of flats 24
Premises ¹ 4, Zona B-5-3 district, block of flats 24
Premises ¹ 5, Zona B-5-3 district, block of flats 24
Premises ¹ 1, Zona B-5-3 district, block of flats 25
Premises ¹ 4, Zona B-5-3 district, block of flats 25
Premises ¹ 5, Zona B-5-3 district, block of flats 25
Office 1, Zona B-5-3 district, block of flats 24
Office 4, Zona B-5-3 district, block of flats 24
Premises, 75, Kniaginia Maria Louisa Blvd.
Shop ¹ 12, Vazrajdane Sq. ¹ 2/3**
Premises, 75 Maria Louisa St.

ILINDEN Municipality
Warehouse ¹ 5, Sveta Troitsa district, 2 Kroum Stoyanov St.
Shop ¹ 7, Sveta Troitsa district, block of flats 367, entr. B
Building with a regulated land estate,Zaharna fabrika distr., in front of block of flats 35
Pharmacy ¹ 72, Zaharna fabrika distr., block of flats 55

ISKAR Municipality
Regulated land estate and a building, Drujba-1 district, section 75,build. plot I
Building, Drujba-1 district, Iskar Station
Premises in a hydrophore, Drujba-2 district, near block of flats 268
Premises in a kiosk switch gear, Drujba-2 district, near block of flats 525
Premises in a kiosk switch gear, Drujba-2 district, block of flats 411
Building with a land estate, Busmantsi village, 47 Gurko St.
Sports center, Tirana St., near block of flats 46
Premises in a k. sw. gear, Drujba-1 distr. Amsterdam St, div IV, near block of flats 165
Premises in a kiosk switch gear, Drujba-1 district, near bl. of flats 72 and school ¹ 4
Premises in a kiosk switch gear, Abdovitsa district
Premises in a kiosk switch gear, Drujba-1 district, near block of flats 160
Premises in a kiosk switch gear, Drujba-1 district, near block of flats 59
Premises in a kiosk switch gear, Drujba-2 district, near block of flats 251
Premises in a kiosk switch gear, Drujba-2 district, near block of flats 516
Premises in a kiosk switch gear, Drujba-2 district, near school ¹ 163
Premises ¹ 1 in a kiosk switch gear, Drujba-1 district, block of flats 312
Premises ¹ 1 in a kiosk switch gear, Drujba-1 district, block of flats 104
Premises ¹ 2 in a kiosk switch gear, Drujba-1 district, block of flats 104
Premises ¹ 1 in a kiosk switch gear, Drujba-1 district, block of flats 83
Premises ¹ 1 in a kiosk switch gear, Drujba-1 district, block of flats 515
Premises in a kiosk switch gear, Drujba-2 district, block of flats 420
Premises in a kiosk switch gear, Drujba-2 district, block of flats 413
Premises in a kiosk switch gear, Drujba-2 district, near block of flats 224

KRASNA POLYANA Municipality
Building with a regulated land estate, Ivan Garvanov St. and Medkovets St.

KRASNO SELO Municipality
Premises in a hydrophore, Hypodruma district, near block of flats 139 ("V i K" EAD)
Premises in a hydrophore, Borovo St. and Solun St. ("V i K" EAD)
Premises in a hydrophore, Lagera distr., near block of flats 39("V i K" EAD)
Premises in a hydrophore, Borovo distr., near block of flats 228A("V i K" EAD)
Premises in a kiosk switch gear, Hypodruma district, near block of flats 139

KREMIKOVTSI Municipality
Premises in a kiosk switch gear, Chelopechene distr..Angel Madjarov St.
Building and a land estate 70, div. 44, Buhovo Town, near the cimetry
Rregulated land estate - I-8, div 6, Vrajdebna distr.
Rregulated land estate - II- 902, 903 and 904,, div 6, Vrajdebna distr.
Premises in a kiosk switch gear, Yana village, div. 13, 21 V. Levski St.
Vīlley-and basket ball court, Seslavtsi village*
Football paying ground, Seslavtsi village*
Premises near a kiosk switch gear, Vrajdebna district, 8th St. ( ex Boris Iliev St.)
Sports center with a regulated land estate, Town of Buhovo
Sports hall with a regulated land estate, Town of Buhovo

LOSENETS Municipality
Building (unfinished construction) with a regulated land estate, 12 Lyubotrun St.


LIYULIN Municipality
Shop ¹ 1, Liyulin district, blocks of fląts 370 (basement)
Shop ¹ 2, Liyulin district, blocks of fląts 370 (dressmaker's workshop)
Premises in a kiosk swich gear, Liyulin district, opposite blocks of fląts 123
Premises ¹ 1 in a hydrophore, Liyulin district, near blocks of fląts 141("V i K" EAD)
Premises ¹ 2 in a hydrophore, Liyulin district, near blocks of fląts 141("V i K" EAD)
Premises 1 and 2 in a hydrophore, Liyulin district, near blocks of fląts 135("V i K" EAD)
Premises in a hydrophore, Liyulin district, near blocks of fląts 122("V i K" EAD)
Premises in a hydrophore, Liyulin district, near blocks of fląts 123("V i K" EAD)
Premises in a hydrophore, Liyulin district, opposite blocks of fląts 123("V i K" EAD)
Building with a regulated land estate, at the engine-shed in Obeliya district
Premises in a kiosk switch gear, Liyulin district, near blocks of fląts 515
Regulated land estate, Liyulin district, 24 Mayski den St,
Premises, Liyulin district, near blocks of fląts 740
Premises, Liyulin district, near blocks of fląts 136
Premises ¹ 1, Liyulin district, near blocks of fląts 145
Premises ¹ 2, Liyulin district, near blocks of fląts 145
Premises ¹ 2, Liyulin district, near blocks of fląts 146
Shop ¹ 2, Liyulin district, 8th division, block of flats 805P
Premises in a kiosk switch gear, Liyulin district, 3th div., near bl. of flats 343 and 344
Shop ¹ 4, Liyulin district , 3th division, near block of flats 958

MLADOST Municipality
Shop, Mladost-IV distr, blocks of flats 436 and 437
Premises, Mladost district , block of flats 26, entr. A and B*
Premises, Mladost, block of flats 26, entr. B*
Shop, Mladost-III distr, blocks of flats 314
Shop¹ 1, Mladost-IV distr, blocks of flats 438
Shop¹ 2, Mladost-IV distr, blocks of flats 438
Shop¹ 3, Mladost-IV distr, blocks of flats 438

NADEJDA Municipality
Premises in a kiosk switch gear, Nadejda district, near blocks of flats 301 and 302
Premises in a kiosk switch gear, Nadejda district, near blocks of flats 157
Premises ¹ 1, at the corner of Mahonia St. and Rojen Blvd.
Premises ¹ 2, at the corner of Mahonia St. and Rojen Blvd.
Premises ¹ 3, at the corner of Mahonia St. and Rojen Blvd.
Premises in a kiosk switch gear, Nadejda district, near blocks of flats 433
Premises in a kiosk switch gear, Svoboda district, near blocks of flats 5A

NOVI ISKAR Municipality
Building with a land estate, Jiten village, 40 Jitnitsa St.
Building, block of flats 3, Kubratovo village

OBORISHTE Municipality
Premises, 20 Bacho Kiro St.
Premises, 76 Tsar Simeon St.

OVCHA KUPEL Municipality
Premises in a kiosk switch gear,at the corner Ovcha kupel Blvd. and JitnitsaSt.
Premises in a kiosk switch gear, Ovcha kupel distr., near block of flats 512
Buildings with regulated land estate, 34 N. Petkov Blvd.

PANCHAREVO Municipality
Building with a regulated land estate, Passarel village, Elako locality
Building with a regulated land estate, Lozen village
Building with a regulated land estate, Bistritsa village
Building with a regulated land estate, near Iskar dam lake, Giolovete locality**

PODUYANE Municipality
Regulated land estate V-95b, div 301, Botevgradsko shosse Blvd.
Regulated land estate V-95a, div 301, Botevgradsko shosse Blvd.
Regulated land estate I-306, div 21, 70 A, Stanislav Dospevski St.
Premises in a kiosk swich gear, at the corner of Sopot St. and Ivan Shishmanov St.
Premises ¹¹1, 2 in a hydrophore, "Sopot" St. & "Ivan Shishmanov" St. ("V i K" EAD )
Building with a regulated land estate, 109 Letostrui St..
Premises in a kiosk switch gear, Levski-V district , near block of flats 1
Premises in a kiosk switch gear, Levski-G district , near block of flats 5
Premises in a kiosk switch gear, Suha reka district , 15 Momina klissoura St.
Regulated land estate, 106 Botevgradsko shosse Blvd.

SLATINA Municipality
Premises in a hydrophore, Slatina distr. , near block of flats 14 ("V i K" EAD)
Premises in a kiosk switch gear, Slatina distr. , behind block of flats 28-B
Garage, Slatina distr., near block of flats 28-B
Premises in a kiosk switch gear, at the corner of El. Bagriana St. & Prof. G. Pavlov St.
Premises in a kiosk switch gear, 10 "Bratia Peshevi" St.
Premises in a kiosk switch gear, Geo Milev distr., near blocks of flats 58 and 112
Premises in a kiosk switch gear, Geo Milev distr.. , between blocks of flats 58 and 57
Business Area, Vl. Minkov - Lotko, block of flats 7
Premises 5, Vl. Minkov-Lotko St. , block of flats 6
Shop ¹ 2, Vl. Minkov-Lotko St. , block of flats 10
Premises ¹ 2, Vl. Minkov Lotko , block of flats 6**

SERDICA Municipality
Shop, 20 Jelezoputna St. (behind the community center)
Premises in a kiosk swich gear, Fondovi jilishta distr., near block of flats 217
Premises in a hydrophore, Banishora distr., Gredetin St.near bl. of fl. 19("V i K" EAD)
Buildings with a regulated land estate, 18 Parva Bulgarska Armiya St.
Premises, Shtrosmayer Blvd., block of flats 203*
Premises, 9 prof. N. Raynov St.*
Premises ¹ 1, East-Iliyantsy district, division 3, building plot III

STUDENTSKI Municipality
Premises in a kiosk switch gear, Darvenitsa district , near block of flats 46
Premises in a kiosk switch gear, Darvenitsa district , near the Church and bl. of flats 35
Public Utilities' Center, Darvenitsa district , near block of flats 21
Premises in a kiosk switch gear, between blocks of flats 81 and 82
Premises, block of flats 5, Studentski grad distr.
Premises in a kiosk switch gear, near blocks of flats 80 and 84
Premises in a kiosk switch gear, Darvenitsa district, Beli mel St, near block 405*
Premises in a kiosk switch gear, Mladost district , division 1 near block of flats 87

TRIADITSA Municipality
Premises in a hydrophore ¹¹ 1,2, Strelbishte district, at the corner of Chervena rosa St and "Zlatni vrata" St. ("V I K" EAD)
Premises in kiosk switch gear ¹¹ 1,2, Strelbishte district, at the corner Chervena rosa St and "Zlatni vrata" St.
Premises in a kiosk switch gear, Iv. Vazov district, Balsha St, near block of flats 38
Premises in a kiosk switch gear, Iv. Vazov district, Y. Veshin St, near block of flats 7
Premises in a kiosk switch gear, Bademova gora St, near bl. 41Ą
Premises in a kiosk switch gear, Gotse Delchev district, near block of flats 151
Premises in a kiosk switch gear, Strelbishte district, near block of flats 91B
Premises in a kiosk switch gear, Strelbishte distr., near block of flats 93,
opposite the Technical School
Premises in a kiosk switch gear, Strelbishte district, near block of flats 95
Premises in a kiosk switch gear, Strelbishte district, near blocks 97 and 98
Premises in a kiosk switch gear, Chervena rosa , near block of flats 32*


* sites with pending cases
**sites a contract for sale going to be signed for

Supplement ¹ 1

"BKS - CENTER" EAD
*Scope of activity: Current maintenance, repairs and reconstruction of buildings, public utility services, public works and urbanisation, construction of sites with municipal importance, exploitation, maintenance and repairs of urban transport, construction, reconstruction and maintenance of green systems etc.
*Legally Registered capital: 53 364 BGN, divided in 53 364 book-entry voting shares of BGN 1 per value each.
*Real Estate:
- terrains and buildings in "Obelya" district - Metropolitan Ångine-Shed;
- 5 properties at "Rudozem" St., "Ph. Totyo" St., "I.Ivanov" St., "General Tsonchev" St.
- a 17,5% share from a building and a terrain at "Serdica" St.
There are also machinery and special equipment for construction of metro-railways and metro-stations.
The activity of "BKS - CENTER" EAD is dedicated to execute commissions of Sofia Municipality as well as commissions of all district municipalities in the capital. The company serves also individual clients - construction societies, different kinds of organisations, private customers.
*Financial Results by September 30, 2009:
Revenues from the activity: 7 113 000 BGN;
Expenses for the activity: 7 081 000 BGN;
Accounting profit 32 000 BGN.
Long term assets - 1 611 000 BGN including terrains - 1 093 000 BGN, buildings and constructions - 379 000 BGN, machines and equipment - 139 000 BGN
Ņhe debts of the society are to the amount of 6 039 000 BGN, including debts to deliverers to the amount of 3 699 000 BGN.

Supplement ¹ 2

"SOFIYSKI IMOTI" EAD
Address: 15, Moskovska St.
Sofia
*Scope of activity:
Maintenance and management of movable property and real estate,
letting out of real estates, investment research, investment project appraise all by expert opinions, participation in investment projects etc.
*Legally Registered capital 30 377 000 BGN, 100% property of Sofia Municipality.
Financial Results by December 31, 2007:
Revenues from the activity: 5 092 000 BGN
Expenses for the activity: 4 025 000 BGN;Accounting profit: 1 067 000 BGN; Long term assets: 28 437 000 BGN; Long term liabilities: 162 000 BGN; Short term liabilities: 727 000 BGN.

Supplement ¹ 3

"GALATEYA 2002" EAD
Address: 124, Tzar Boris III St.
Sofia
*Scope of activity:
Management, maintenance and construction of movable property and real estate, equipment for holidays and entertainment, letting out of real estates, organisation of young people holidays and tourism, catering, hotel management, investment research, appraise all by experts, participation in municipal investment projects for organisation of holidays and entertainment.
*Legally Registered capital: 3 692 693 BGN by December 31, 2007, 100% municipal property
Financial Results by December 31, 2008:
Revenues from the activity: 578 000 BGN
Expenses: 876 000 BGN;
Accounting loss - 298 000 BGN
Long term assets - 3 970 000 BGN, including terrains - 412 000 BGN, buildings and constructions - 3 350 000 BGN, machines and equipment - 147 000 BGN.
Long term liabilities - none
Short term liabilities - 98 000 BGN

Supplement ¹ 4

"MUNICIPAL BANK" AD ("OBSHTINSKA BANKA" AD)
Address: 6, "Vrabcha" St.
Sofia
Established in 1996 as a universal commercial bank.

* Scope of activity:
Attracting of current and saving accounts, granting of credits, purchasing of bills of exchange and promissory notes, management of investment funds in accordance with Securities, Stock Exchange and Investment Societies Law, cards' services, others transactions, appointed by Bulgarian National Bank.
Registered share Capital - 25 000 000 BGN, destributed in 2 500 000 book-entry voting shares of BGN 10 per value each.
The object of privatisation is the shareholders' participation of Sofia Municipality, "Sofiiski imoti" EAD, "Parkingi i Garaji" EAD, "V i K" EAD, "SOFINVEST" EOOD and "Ozeleniavane" EAD in the capital of "MUNICIPAL BANK" amounting to 70,54 % from the capital of the bank.
Structure of the shareholders' participation in the capital of the bank is as follows:
Sofia municipality - 67%; "Sofiiski imoti" EAD - 3,43% %; "Parkingi I garagi" EAD - 0,08 %;"V i k" EAD - 0,02 %; "SOFINVEST" EOOD - 0,01 % ;"Ozeleniavane" - 0, 00%

STAGE of the PRIVATISATION PROCESS:

In accordance with Decision ¹ 576 from October 9, 2008 taken on a closed session of Sofia Municipal Council the works of the consultant " ARGILE-KAMBUROV-TRANZAKTA - MUR STIVANS BULMAR Consortium" done after the 1st stage of the consulting contract - that's to say: the legal analysis, the privatisation appraisal, the memorandum and the privatization strategy has been approved and the privatisation method for the shareholders' participation of Sofia Municipality and its companies in the capital of the "Municipal Bank" AD has been determined - the privatisation should be realized by an open auction. Sofia Municipal Privatisation Agency should take actions on the privatisation of the shareholders' participation of Sofia Municipality and its companies in the capital of the "Municipal Bank" AD after an explicit decision of Sofia Municipal Council concerning the report of the Agency's Supervisory Board President on the pre-privatisation marketing done by the consultant of the deal.