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Iran Press: Head of stock exchange gives details of giving of shares to people.

Asia Africa Intelligence Wire

| June 25, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report quoting ILNA, entitled: "The transfer of ten million shares is realistic", by Iranian daily newspaper Farhang-e Ashti website on 25 June

Allocating 10 million tomans [each toman is 10 rials] worth of shares to 14 million Iranian families [each] will start from the beginning of the year 85 [the year starting on 21st March 2006] and will continue to the end of that year, provided that we have strong and experienced management.

According to the report of ILNA, in a press conference on Thursday [23 June 2005], Dr Abdoh-Tabrizi, the secretary-general of the Tehran Stock Exchange, said that the plan to enable Iranian families to …

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