ARMENIA’S FARMERS TO RECEIVE 7,000 TONS OF FERTILIZERS

ARKA
March 6, 2008

YEREVAN, March 6. /ARKA/. Armenia’s farmers will receive 7,000 tons
of fertilizers under a 1.6bln AMD subsidizing program. RA Minister
of Agriculture David Lokyan reported that the RA Government made a
relevant decision at its sitting today.

The Minister pointed out that the fertilizers will be provided to the
farms that did not receive them under the program before December 31.

The prices will remain unchanged, 3,100 AMD for one sack.

The Minister reported that the delivered will be paid either by
communities or by farmers themselves.

On October 4, 2007, the RA Government decided to allocate 200mln
AMD provide farms with 200,000 tons of nitrogen fertilizers under a
government program of assistance to landowners in 2008. One ton of
fertilizers will be provided at 74,000 AMD, with 10,000 AMD to be
subsidized.