IN THE NEAREST FUTURE ARMAVIA APPEAR IN MARKET “RENEWED”

YEREVAN, JULY 1. ARMINFO. During the last several days for technical
reasons several flights of the national air carrier of Armenia the
company Armavia are implemented with delay, in connection of which the
management of the air company presents its apologies for the
discomfort caused to passengers.

ARMINFO was informed in the press office of the company, in the
nearest future all the technical problems will be solved, and the
company will appear in the market “renewed”.

To remind, at the beginning of June of the current year Mika Armenia
Trading Ltd repurchased 68% of the shares of the company Armavia and
now it is controlling over 100% of the package of the shares of the
company.