On December 21, Vitebsk / Diana Kurilo – BELTA /. The Vitebsk Regional Executive Committee has approved a list of 37 business entities whose shares it has a pre-emptive right to acquire, the Regional Executive Committee informed a BELTA correspondent. The list includes 12 flax processing plants, three grain processing complexes, three mixed fodder plants, four poultry farms, including JSC "Vitebskaya Broiler Poultry Farm", three of the four meat processing plants located in the region: Vitebsky, Gluboksky and Miorsky, all eight milk processing enterprises, as well as JSC "Vitebsk Oil Extraction Plant", JSC "Vitebsk Winery", JSC "Vitebsk Fruit and Vegetable Combine" and JSC "Tolochinsky Elevator". As explained in the Regional Executive Committee, the list has been approved in pursuance of Decree No. 456 of October 4, 2012 "On Amendments to the Decree of the President of the Republic of Belarus of November 16, 2006 No. 677". The document stipulates that the pre-emptive right of regional executive committees extends to shares acquired by Belarusian citizens from the state for monetary funds on preferential terms (at a price 20% lower than the nominal value) and (or) in exchange for "Imushchestvo" personal privatization vouchers. They were also received in exchange for citizens' shares in the property of leasehold and collective (people's) enterprises during their transformation into joint-stock companies. In addition, the pre-emptive right applies to shares of joint-stock companies established in the process of transforming state, state unitary, leasehold and collective (people's) enterprises processing agricultural products. When intending to sell shares of such joint-stock companies, a shareholder is obliged to send a notification by registered mail to the Regional Executive Committee, Minsk City Executive Committee, indicating the sale price, or to place a bid for the sale of shares in the Belarusian automated quotation system of JSC "Belarusian Currency and Stock Exchange". If within 90 calendar days after that the executive committee has not made a decision to acquire the shares at the declared price, they can be sold to any third party at a price not lower than that indicated in the notification to the executive committees. The shareholder (participant) who sent the notification of intent to sell shares (stakes in authorized capital) is informed in writing of the decision made by the Regional Executive Committee, Minsk City Executive Committee within 10 calendar days from the date of the decision. -0-

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