ARMIMPEXBANK AND TOYOTA YEREVAN LAUNCH NEW CAR LOAN PROJECT

ARKA
April 11, 2008

YEREVAN, April 11. /ARKA/. Armenia’s Armimpexbank has launched a
new car loan program together with the official importer of Toyota
vehicles to Armenia – "Toyota Yerevan" LLC. The bank will extend
loans for those willing to purchase brand new Toyota vehicles from
"Toyota Yerevan" LLC.

Loans will be extended with at least 15% downpayment, 12% annual
interest rate and up to 5 years of loan repayment period.

Already 27 individuals have received their loans for a total amount
of AMD 238,909,500. A simplified procedure is introduced in order to
save time for customers.

Armimpexbank was founded in 1992. In August 2007, the shares of the
bank were purchased by TDA Holdings – a company affiliated with the
largest Russian investment bank Troika Dialog. As of December 31 2007,
the bank assets totalled AMD 13.6bln with the general capital reaching
AMD 3.4bln.

The bank yielded AMD 162.2mln profit in 2007. ($1-AMD 309.47).