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1.74% of Kryvorizhstal to be sold on September 6th

1.74% of Kryvorizhstal to be sold on September 6th

2 August 2008

The shares will be sold as a single package at the starting price of USD 13.3 mln. The sale will be conducted on the Ukrainian Stock Exchange. The price implies a USD 763.5 MCap, P/S x0.45; EV/EBITDA x1.37; P/E x2.99 based on 2005 estimations.

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