OMX TO BUY ARMENIAN STOCK EXCHANGE AND CENTRAL DEPOSITARY

Panorama.am
20:21 27/04/2007

OMX, leading expert in exchange industry, Armenian Central bank
and the government of Armenia signed an memorandum of intention
on purchase of the Armenian stock exchange and central depositary,
CB press services report.

According to the source, Magnus Bioker, chief general director of
OMX, said the purchase will enable OMX to apply its experience in
developing markets in other markets as well. "OMX will help Armenian
stock market to achieve effectiveness," he said.

Armenian Prime Minister Serzh Sargsyan welcomed the cooperation with
OMX saying "we will do everything to help OMX implement mutually
set objectives."

Source: Panorama.am