Armenia Fund, Inc.
111 North Jackson St. Ste. 205
Glendale, CA 91206

T | 818-243-6222
F | 818-243-7222
E | info@armeniafund.org

For Immediate Release
March 13, 2006

Armenia Fund Reconstructs Artik Hospital
United Kingdom Affiliate Finances Project

Yerevan, Armenia – Armenia Fund is proud to announce that it has
embarked on yet another vital hospital reconstruction project in
the Shirak Region of the Republic of Armenia. The Artik Hospital
will undergo major renovation in order to meet the growing needs of
the region.

Presently, the project is in its design stage. The scope of the
reconstruction will include strengthening of the building and its
foundation, construction of a boiler-house, installation of a modern
heating system, as well as installation of new doors and windows. The
hospital will also undergo crucial seismic retrofitting in order
to prevent collapse in case of an earthquake. In addition to key
structural upgrades, new restroom facilities will be built, as well as
new flooring will be installed throughout the facility. Part of the
new plan will encompass a new electrical conduit system, as well as
safe and reliable wiring throughout the building. Upon completion,
the hospital will have a new and separate sewerage system. The
surrounding landscape of the hospital will be redesigned in order to
be more people friendly.

After a close assessment of the hospital, healthcare specialists
determined that the condition of the hospital is critically
deteriorating. Construction experts revealed major structural damages,
due to a lack of repair and maintenance over the years.

Over the past twenty years, the hospital has been moderately renovated.
Unfortunately, the catastrophic earthquake of 1988 crippled the
hospital’s structural support and foundation lines. Currently, only
one building out of the four is being used for patient services.

The hospital currently has 40 beds and serves as the main healthcare
facility for the town of Artik. Due to a lack of readily available
healthcare facilities, the hospital has come to cater to the Shirak
region’s growing 60,000 population. Armenia Fund plans to expand
patient capacity as soon as reconstruction works are completed.

Armenia Fund, Inc., is a non-profit 501(c)(3) tax-exempt corporation
established in 1994 to facilitate large-scale humanitarian and
infrastructure development assistance to Armenia and Nagorno Karabakh.
Armenia Fund, Inc. is the U.S. Western Region affiliate of “Hayastan”
All-Armenian Fund. Tax ID# 95-4485698