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REPUBLIC OF TAJIKISTAN

DEVELOPMENT OF THE KONIMANSURI KALON SILVER DEPOSIT

ANNOUNCING LAUNCH OF THE TENDER PROCESS

Government of the Republic of Tajikistan (“Government”) officially announces launch of the tender process for the development of one of the largest silver, lead and zinc deposits in the world Kanimansuri Kalon, located in northern Tajikistan (“Project”).

Pursuant to a fully transparent international tender process, the Government anticipates selecting a developer to whom certain rights to develop the Project will be awarded. International Finance Corporation (IFC), a member of the World Bank Group, experienced in structuring and implementing public-private partnership projects, is acting as the lead advisor to the Government to assist with the organization and implementation of the tender process for the selection of a developer for the Project.

At this stage the Government invites all interested investors with extensive experience in the mining sector and sufficient financial resources to take part in the prequalification process. In order to receive Request for Prequalification, which contains a detailed description of the Project, a list of prequalification criteria, and guidelines for submitting prequalification applications, interested investors should use contact information shown below. Only those companies which submit a prequalification application by the indicated deadline and which meet all legal, technical and financial prequalification criteria will be included in the short list of prequalified investors and will be allowed to participate in the next stage of the tender process.

Prequalification applications must be submitted by December 14, 2009 in either English or Russian.

Mr. Shukhrat Rakhmatboev
Deputy Chairman of the State Committee on Investments and State Property Management of the Republic of Tajikistan, Secretary of the Governmental Commission
734025, Tajikistan, Dushanbe, 27 Shotemur str.
Tel: +(992) 37 221 8150
Email: gki.konimansur@gmail.com

Mr. Oleg Kudashov
Investment Officer
International Finance Corporation (IFC)
World Bank Group
86 Blvd. Kralja Alexandra
11000 Belgrade, Serbia
Tel.: +(381) 63 103 3968
Email: okudashov@ifc.org