MEDIAMAX AND ARMENIAN STOCK EXCHANGE PRESENTED THE "EXCHANGE QUOTATIONS IN THE CELL PHONE" JOINT PROJECT

Mediamax
Jul 12 2007

Yerevan, July 12 /Mediamax/. Mediamax News Agency and the Armenian
Stock Exchange (Armex) presented the "Exchange quotations in the cell
phone" joint project in Yerevan today.

>From now on, the interested subscribers of "ArmenTel" and "VivaCell"
mobile operators can follow the currency trading in the Exchange and
the formation of the weighted average rate in on-line mode, as well
as receive information on the cost of securities and the yield of
the bonds.

About 3 months ago, Mediamax Agency turned to the Armex with a
proposal to jointly elaborate the product. Receiving the consent of
Armex, Mediamax attracted the third partner to the realization of
the project – Mobbis Company, which is specializing in the sphere of
mobile communications.

The project was supported by the Central Bank of Armenia and the
Swedish OMX Exchange Operator, which will become the new owner
of Armex.

During the news conference, which took place today, the "Exchange
quotations in the cell phone" project was presented by the Director
of Mediamax Agency Ara Tadevosyan, the Executive Director of Armex
Armen Melikian and the Director of Mobbis Hovhannes Qeshishyan.

Speaking during the presentation, the Board Member of the Central Bank
of Armenia Amalia Saribekian welcomed the initiative of Mediamax,
noting that the "Exchange quotations in the cell phone" project
will assist the increase of transparency of the financial market and
raising the awareness of the society.

To receive information on the best bids and asks for purchase or sale
of a dollar/euro, the price and the volume of the latest deal during
the trading session in the Armex (from 11:00 to 15:00 on work days),
the subscriber of "ArmenTel" or "VivaCell" should send USD1 or EUR1
SMS to the 1500 short number.

To receive information on all the bids and asks for purchase or sale
of a dollar/euro and all the deals, concluded in the course of the
trading session in the Armex, (from 11:00 up to 15:00 on work days),
the subscriber of "ArmenTel" or "VivaCell" should send USD2 or EUR2
SMS to the 1500 short number.

To receive information on all the deals concluded and the formed rates
after the conclusion of the trading session in the Armex (from 15:01
up to 23:59 on work days), the subscriber of "ArmenTel" or "VivaCell"
should send USD or EUR SMS to the 1500 short number.

To receive information in the price of securities or the yield of the
bonds, the subscriber of "ArmenTel" or "VivaCell" should send the word
Armex and the Exchange code of the company the subscriber is interested
in, to the short number 1500, for example, Armex HEZB or Armex ARKBB1.

The cost of each of the above-mentioned services is 150 AMD (including
VAT) for each message received by the subscriber.

Detailed information on the project is places on