Auction aimed at selling 100% of shares of UralAviaInform JSC nullified due to absence of applications

Ural Interregional Department of Russian Federal Property Fund announced the results of the auction aimed at selling the shares of UralAviaInform JSC.

These results were summed up on June 1, 2006. Put up to auction were 31,270 ordinary registered shares (state serial number 1-01-31703-D), that is, 100% of the company’s authorized capital. The opening bid for the shares was set at 8.911 million, yet the auction was nullified due to the absence of applications to participate.