Privatisation funds are to transform themselves into investment funds till the end of this year, and after that they would be able to trade the shares at the stock-exchange, said coordinator of the Expert Coordination body for monitoring of the Mass voucher privatisation (MVP), Dragoljub Jankovic. Regulation on privatisation funds that was passed in September, provided the period of 12 months after conclusion of MVP, within which these institutions should be transformed into investment funds, that is, the deadline was until mid-February 2003. Jankovic explained that alterations of this Regulation, published in the Official Gazette on January 15, and which have entered into force, enabled the funds to offer the shares at stock exchange even before that deadline. In this way, said Jankovic, the shares of about two-thirds of citizens who entrusted their voucher points to funds, would be at the market much earlier than it had been estimated. "The funds would exchange the shares between themselves till May this year, and afterwards they would be able to trade them at the stock exchange," said Jankovic.