Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 24,1995 PSA#1394

Garsee (Privatization Office), C.P. 323, Cruzeiro, Praia, Republic of Cape Verde, Tel: (238) 614748, Fax: (238) 612334

D -- CAPE VERDE: S48 TELECOMMUNICATIONS COMPANY The government of the Republic of Cape Verde through the ministry of economic coordinatlon has announced a Public international bid for the purchase of 40 percent of shares in its telecommunications company, cabo Verde telecom, sarl, by a telecommunications operator or by a group which includes a telecommunications operator bid components N/a Cruzeiro, Praia, Republic of Cape Verde, Fax (238) 612334, for a fee of US$ 30,000 (thirty thousand American dollars) opening of bids bids will be opened on September 8, 1995, at 9 00 A.M. local time, at the conference room of the ministry of economic coordination, Praia, Republic of Cape Verde financing the project is financed by the world Bank. Information on other projects financed by the world Bank can be addressed to MS. Janice mazur world Bank liaison officer Office of multilateral Development Bank operations U.S. department of commerce, room 1223 14TH and constitution ave., N.W. Washington, D.C. 20230 Tel: (202) 482-4332 Fax: (202) 482-5179 Privatization of cabo Verde telecom, sarl is part of a major Privatization program funded by the world Bank Please send a copy of your response to: Commercial Section (FCS TOP), American Embassy, Praia, Dept of State, Washington, DC 20521-2460, Refer to T0003.. (0201)

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