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PRESS RELEASE

Thursday, November 8, 2007

AGBU Brings Culture Back to Nubarashen District of Yerevan

On October 13, the Nubarashen district of Yerevan celebrated its 75th
anniversary and gave credit to AGBU for its sponsorship of the
reconstruction of the local cultural center.

The day of festivities and celebration also included an official
ceremony with a speech given by the Nubarashen Community Leader, M.
Hovhanissian, who expressed his deep gratitude to AGBU. A "Letter of
Acknowledgement" was given to Ashot Ghazarian, AGBU Armenian
Representation Director, for the organization’s work in reconstructing
the center.

Built by AGBU in the 1930s, the settlement of Nubarashen was named after
AGBU founder Boghos Nubar. Today, Nubarashen is an integral part of
metropolitan Yerevan. During the AGBU Centennial Celebration in Armenia
this past April, an AGBU delegation led by President Berge Setrakian
toured the neighborhood. Setrakian promised that the world’s largest
Armenian non-profit had not forgotten this corner of Yerevan and it
planned to renovate the neighborhood’s cultural center.

Currently, the Nubarashen district of Yerevan is somewhat isolated from
the rest of the capital, but it is gradually becoming more integrated
with it. Projects, like the estimated 85 million AMD (approx.
US$250,000) reconstruction of the Nubarashen Cultural Center funded by
AGBU and the Armenian Social Investment Fund, aim to revitalize the
culture of the neighborhood.

Established in 1906, the Armenian General Benevolent Union (AGBU) is the
world’s largest non-profit Armenian organization. Headquartered in New
York City with an annual budget of $34 million, AGBU ()
preserves and promotes the Armenian identity and heritage through
educational, cultural and humanitarian programs, annually serving some
400,000 Armenians in 35 countries.

From: Emil Lazarian | Ararat NewsPress