The discussions associative with the selling of DUNAFERR shares owned by the municipality were successfully finished between Donbass-Duferco Consortium and the Municipality of Dunaújváros Town with County Rank. As a result of this the Share Sales Contract was signed. At the same time the Municipality of Dunaújváros entered into a financial support contract with DUNAFERR Rt. for five years.

As part of the privatization of DUNAFERR Rt. following the capital increase carried out on 30 September 2004 the percentage of the shares owned by the municipality decreased to 5.59%. In pursuance of the Share Sales Contract signed now the Municipality of Dunaújváros sold all of its shares. The ordinary shares of DUNAFERR Dunai Vasmű Rt. with the nominal value of HUF 5,091 each were bought by Kundax AG, the assigned member of Donbass-Duferco consortium in the total value of HUF 500,015,416. Donbass-Duferco Consortium and the Municipality of Dunaújváros agree that the privatization of DUNAFERR is a complex process covering employment, regional and development spheres of issues. The parties of the discussions announced their intention to regularly agree on the matters determining the life of the town, the subregion and the region also in the future, and utilize the facilities that are inherent in the cooperation.

In the frame of this the Financial Support Contract between the Municipality of Dunaújváros and DUNAFERR Rt. was signed, in which DUNAFERR Rt. contracts to provide an annual financial support of HUF 200 million through five years from 2005, altogether in the total value of 1 billion for the organizations of the Municipality, which serve an aim that is suitable for its tasks. The support can exclusively be given to non-profit, or particularly non-profit organizations. The Municipality will give the range of organizations to be supported, the way of application and degree of the subject year's support.

As it is known, Donbass-Duferco Consortium, which acquired a share of 79.48% in DUNAFERR Rt. on 30 September 2004, incurred significant commitments in favour of the successful operation of the company group determining the life of the town and the region too. Along with the keeping of the present number of employees for five years the total value of the privatization transaction that can be numerically determined – including the capital increase of HUF 17.3 billion, the middle-term commitments for investment of almost HUF 72 billion, subregion development of HUF 1.3 billion, as well as relating the improvement of working conditions and the purchase price of HUF 444 million – amounts to almost HUF 110 billion.