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DATA FROM THE PRIVATIZATION AUCTION

No. of
Common Shares
Cr$ per batch of 1,000 shares Total Cr$ 1,000
Total
in US$ 1,000
22/10/1992 619.411.000 4.100.000,00 2.539.585.100 338.138
23/10/1992 381.747.781 2.726.863,78 1.040.974.197 137.090
Total 1.001.158.781 6.826.863,78 3.580.559.297 475.228

 

Market value on 21/10/92 = Cr$ 4,356,882 million or US$ 586,423 thousand
Net assets 31/12/92 = Cr$ 5,304,430 million or US $660,240 thousand
Portion offered to employees (Ciga) = 156,417,300 common shares

 

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