Slovak News - Nov 96 - Fund Of National Property Of The Slovak Republic

The Fund will sell shares from its portfolio for bonds using its own agents, which will operate in the Registration offices. The transfer of shares will follow the transfer of the bond, which should ensure that the purchaser provides sufficient consideration for the purchase.

The content of this article is intended to provide a general guide to the subject matter. It is therefore not a substitute for specialist advice.

For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +42 7 5340 545, fax: 42 7 5340 542 or e:mail directly to ruth.a.clamp@ArthurAndersen.com or enter text search 'Arthur Andersen' and 'Business Monitor'.