Enterprise Investors and First Boston pull out of Kety

Over 2.55 million shares in Kety, the country's biggest aluminum goods producer, were sold by Enterprise Investors (EI) and CS First Boston yesterday. The shares, representing 24.3% of Kety's capital and worth zl. 44 each, were bought by both domestic and foreign investors, while rumors circulated that PZU may take over a major share package. The total turnover of Kety shares during trading yesterday reached zl. 112 million. Michal Rusiecki, a partner with Enterprise Investors, said, "The process of our backing-off from investment in Kety has ended. We sold the shares at prices compliant with our expectations. We are pleased with the effects we achieved in the company and that the investors who bought its securities share our trust in its future." EI was the main shareholder in Kety with a 14.9% stake and was instrumental in the company's privatization in 1995 as leader of a consortium of financial investors. (Parkiet, p. 3) P.W.