TOTAL VOLUME OF TRANSACTIONS AT ARMEX INCREASES TO AMD 400.1MLN IN 2ND Q 2007

ARKA News Agency
Armenia
Sept 4 2007

YEREVAN, September 4. /ARKA/. The total volume of transactions effected
at the Armenia Stock Exchange (Armex) increased by 34.2 times in
the 2nd quarter of 2007 as compared with the 1st quarter and made
AMD 400.1mln.

According to the preliminary data of the Central Bank of Armenia
(CBA), transactions on shares made AMD 308.5mln or 77.1% of the total
volume of the transactions. The remaining volume (AMD 91.6mln) fell
at share of corporate bonds. In the first quarter transactions were
effected only on shares (AMD11.7mln) though.

The transactions effected at Armex numbered 67 against 68 in the
previous quarter of 2007. The number of organizations that underwent
listing remains unchanged – 34.

Armenian Stock Exchange (Armex) is a self-regulating organization. It
unites 21 broker (dealer) companies and was registered by the
Commission for Securities of Armenia on February 13 2001.

Transactions on Armex have been effected since July 6 2001.

As of August 31 2007, 36 securities underwent listing and were
registered at Armex. The capitalization of Armex made AMD25.4bln.