Dec 22, 2003. /Lesprom Network/. Russian central interregional Federal Property Fund to sell 56,791 common nominal shares (36,97% of stock-capital). Builesprom timber-industry company (Kostroma region). Shares total face value is RUR 11,358, initial public offering (IPO) is RUR 12,38 million. The company issued 153,749 nominal shares in a non-documentary form and 1 ‘golden share’. The company’s activity basic trends are: timber production, sawing and timber-processing. Offers to buy the enterprise will be admitted from December, 15 2003 to January, 14 2004. Russian Federal Property Fund Announced Severoles 99,96% of Shares Sale.