ATTENTION ENTREPRENEURS AND BUSINESSPEOPLE

ANNOUNCEMENT

Public sale of the "Central building” area, located on Sayilgoh Street, Yunusabad district, Tashkent city

The State Assets Management Agency (“UzSAMA”) announces the start of the public sale process for the “Central building” area, located on Sayilgoh Street, Yunusabad district, Tashkent city (The total land area of the state asset, the area of buildings and structures, as well as photos can be found through the link, virtual tour 360° )

The sale process will be carried out in two following stages:

Stage one: bidders are pre-qualified for participation in the sale on the basis of the following terms: the completeness of the required documents, receipt of a deposit, eligibility of the draft business concept proposed as per the requirements for future usage of the assets (refer to in the separate section of Special conditions of this Announcement);

Stage two: assessment of the commercial offers on the basis of price and payment timeline as well as financial capacity to complete the transaction.

At the first stage, bidders must complete the application form in Annex 1 (Annex 1a for Individuals) in Uzbek, Russian or English (preferred language of the bidder) by May 10, 2021 at 18:00 (Tashkent time), and send in a sealed envelope or via email to UzSAMA as an encrypted scanned attachment with the following documents:

a) for legal entities:

certificate of registration as a legal entity and copies of approved charter;

a complete list of the bidders founder and/or beneficiary as of the date of submission of documents (indicating the relevant shares and amount of the bidder in the authorized capital, if the payment is intended to involve the founder and/or beneficiary);

draft business concept specifying the use of state assets based on the requirements for future use;

a copy of the deposit receipt confirming that a minimum of 5% of the value offered (offer price) that bidder plans to purchase has been transferred to a special account of UzSAMA below.

b) for individuals:

taxpayer identification number (for residents of the Republic of Uzbekistan), passport information;

draft business concept specifying the use of state assets based on the requirements for future use;

a copy of the deposit receipt confirming that a minimum of 5% of the value offered (offer price) that the bidder plans to purchase has been transferred to a special account of UzSAMA below.

Within 3 working days from the date of the State Tender Commission decision on the results of the first stage, including bidders who passed the second stage, UzSAMA will announce on its official website and social networks and official notifications will be sent to all bidders.

Bidders passed to the second stage of the sale process, must apply to the second stage in accordance with application form Annex 2 (Annex 2a for individuals) within 5 business days after the date of publication of the official announcement by UzSAMA.

Proposals should be sent in a sealed envelope or in encrypted scanned form to the email address of UzSAMA with the following documents:

offer price of the bidder for the purchase of state assets;

terms of payment for the purchase of state assets;

a copy of the financial statements (Forms 1 and 2 of the accounting report) of the bidder for the last 3 years (along with confirmation of the tax authorities on the receipt of the report for residents and depreciation and revaluation of assets).

If the bidder is unable to pay as per its financial statements, the bidder must send a copy of the financial statements (Forms 1 and 2 of the accounting report) of the founder or beneficiary for the last 3 years (confirmation of the tax authorities on the receipt of reports for residents and depreciation along with evaluation indicators). In such cases, a letter of confirmation from the founder or beneficiary on the payment of benefits in the interests of the bidder must be attached;

other documents confirming the bidder’s capacity to pay (certificate of deposit, bank guarantee) must be sent in the event that the bidder is unable to pay as per his financial statements.

III. Please note the following special conditions:

The state asset should be utilized as office, trade complex, entertainment, cultural and leisure, sports, tourism and other services in the future;

If only one offer is received at the first stage, the process is deemed invalid;

in the event the bidder offers to make payment for an state asset in more than a month (though not more than in 36 months), its proposal price shall be evaluated in the prescribed manner, bringing it to the current value of the asset, taking into account these periods;

no discount is applied to the purchase price paid by the winner of state assets;

in the event that a winner withdraws or cancels the contract of sale, the deposit paid by him shall not be refunded;

The State Tender Commission or Working Body may, at its discretion, suspend the selling at any time and, without any obligation, request additional and/or clarifying information from bidders.

Information on the Working Body - UzSAMA:

Special account of UzSAMA for deposit payments:

In the national currency:

Recipient: Treasury of the Ministry of finance of the Republic of Uzbekistan;

Recipient's account number: 23402000300100001010;

Recipient's bank: Tashkent city Main Department of Accounting and Cash Center of Central Bank of the Republic of Uzbekistan;

TIN: 201 122 919;

Recipient's bank code: 00014.

In the "Purpose of payment" section of the payment order, the payer shall enter the phrase "earnest money" with the number 200410860262660000000000001 and the name of the state asset.

In foreign currency:

Recipient: The State Assets Management of the Republic of Uzbekistan;

a/n: 21508840000600289002 (USD);

Beneficiary Bank: Central Bank of Uzbekistan;

SWIFT: CBUZUZ22;

In the "Purpose of payment" section of the payment order, the payer shall enter the phrase "earnest money" with the number 200410860262660000000000001 and the name of the state asset.

Address of the State Assets Agency:

6 Amir Temur Avenue, Tashkent, 100000

Email address: invest@davaktiv.uz, investment@davaktiv.uz.

Responsible for receiving documents: U. Tukhtasinov,
tel.: (+99871) 259-22-10.

Telephone numbers for additional information: (+99871) 259-20-91, 259-20-70.

Web-site: www.davaktiv.uz.

Dear entrepreneurs and businessmen,

If you have any suggestions or objections to the sales process, you can call hotline (+99871) 259-21-37 or short helpline 1082 of UzSAMA.