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Prishtina, 13.08.2012 – Government Privatization Committee for PTK informed the public that today at 16:00 the deadline for the submission of applications for prequalification for the tender to purchase 75% of the POE Post and Telecom of Kosovo j.s.c. has expired.

Company’s which have submitted their prequalification applications are listed below:

- Albright Capital Management LLC (USA)
- Avicenna Capital LLC, in consortium with Twelve HORNBEAMS (UK, Poland)
- Columbia Capital, in consortium with ACP Axos Capital Gmbh (USA, Germany)
- Elkos LLC (Kosovo)
- Geni Capital (Luxemburg)
- M1 International Limited (British Virgin Islands)
- Monaco Telecom International SAM (Monaco)
- Turkcell (Turkey)

The high number of participating companies in the prequalification process gives an indication that there is a high interest and strong competition for this process of the privatization of such an important public enterprise.

Received bids will be evaluated by a processional committee composed of officials of all ministries represented in GPC. The evaluation committee will also be assisted by the Transaction Advisor.

The Call for Qualification was published on 25 June 2012, and the transaction advisor has provided all clarifications as requested by companies interested to apply, on the form and the content of the applications for prequalification.

After analyzing the submissions of companies in accordance with the call for prequalification, the public will be informed on the prequalified companies to be invited to submit their bids.

GPC is committed to successfully and transparently complete the privatization process of 75% shares of PTK.

Throughout this process, GPC will pay particular attention to the further and progressive development of the telecom sector, and in particular the company, in which the state will own 25% of shares, and the wellbeing of telecom employees which will be part of company with a mixed private and public capital.