Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF MARCH 29,1995 PSA#1313

The Director, Zambia Privatization Agency, P.O.Box 30819, Lusaka, Zambia

99 -- ZAMBIA: POC Tel 260-1-222858 FAX 260-1-225270 Hs 040190 dairy products product data a detailed product description: operating units of national producer producer and marketer of dairy products. B product specification/technical data: see tender package C quantity: N/a D U.S. dollar value: N/a e purchase needed by: N/a F other information: N/a response data a response language: English B best way to respond: by fax or express mail C from manufacturer only: N D information required from U.S. firms: N/a e primary buying factor: N/a F other information: tender package May be obtained from the Director, Zambia Privatization Agency, upon signing a confidentiality agreement and payment of USD 100 the deadline for bid submission is May 15, 1995 company data a type of business: manufacturer B year of establishment: approximately, 1970 C number of employees: over 100 D annual sale: contained in the tender package. E member of business chamber: N/a F Bank name and address: N/a G U.S. firm represented: none H other information: government owned manufacturing company tender package contains full details Post remarks the Zambia Privatization Agency (zpa) is offering for sale the firm, dairy produce board, as part of an economic restructuring program begun in 1992 which will include the Privatization of some 170 State owned firms the zpa announcement reads: the Zambia Privatization Agency (zpa) is offering for sale dairy produce board, the country's leading producer and marketer of dairy products including milk, butter, cheese, yogurt, ice cream operating units for sale are (1) the Lusaka/mazabuka unit, with facilities including: -- mazabuka intake, storage, processing and packaging; -- Lusaka processing plant, packaging and distribution facilities; -- company offices. (2) the chipata unit, which includes: -- intake and storage; -- processing and packaging. (3) the kabwe unit, which is primary a biscuit manufacturing facility: -- some intake, storage, processing; -- processing and packaging. (4) the kitwe unit composed of: -- intake and storage; -- processing and packaging. Special note dairy produce board regulatory functions and non dairy real estate are not included in this tender and will be divested separately bidders will be required to sign a confidentiality agreement and pay USD 100 for receipt of tender package prospective bidders who wish to begin due diligence prior to availability of tender packages May do so by registering with zpa and preparing for the tender package the zpa announcement also reads invest in Zambia, Africa's model country, one of the first to experience transition to plural politics and democracy and a leader in the Implementation of a Privatization program which will establish a market Economy led by the private sector apart from Privatization, Zambia has put in place sound policies which have, in a short period of time, reduced inflation and stabilized exchange rates the abolition of exchange controls in January 1994 made the local currency, the kwacha, fully convertible prepared by Charles C. chilemu, Commercial assistant kuchel Please send a copy of your response to: Commercial Section (TOP), American Embassy, Lusaka, Dept of State, Washington DC 20521 2310, Refer to T23SA.. (0086)

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