The Arkhangelsk regional department of the Russian Federal Property Fund announced on sale of 38,778 common shares, or 25 per cent of the charter capital of Savinskiy Cement Plant by public offer. According to the Russian Federal Property Fund’s Reforma 132, total par value of stocks is RUR19,389.   Starting date for bids submission - December 5, 2005.   Deadline for filing bids - January 23, 2006.