PRESS RELEASE
Hayastan All-Armenian Fund
Governmental Buiding 3, Yerevan, RA
Contact: Hasmik Grigoryan
Tel: +(3741) 56 01 06 ext. 105
Fax: +(3741) 52 15 05
E-mail: pr@himnadram.org
Web:

14 January, 2009

Hayastan All Armenian Fund opens an office in Stepanakert

The Hayastan Fund’s Acting Executive Director Ara Vardanyan and the
Executive Director of the Armenia Fund U.S. Western Region Sarkis Kotanjian
are in Karabakh with a three-day working visit.

During their visit they had meetings with Nagorno-Karabakh President Bako
Sahakyan, Prime-Minister Araik Harutyunyan, Urban Development Minister
Anahit Vardanyan and discussed details of the official opening of the Fund’s
office in Stepanakert. The office will be located in the Government building
and be headed by Valeri Ghazaryan. The office will be officially opened in a
month.

Ara Vardanyan said: "A permanent office in Stepanakert will undoubtedly
ensure a more efficient project and resource management."

"It is altogether logical that an office is being established in
Nagorno-Karabakh Republic. It is in line with the overall strategy of the
Hayastan All Armenian Fund to always improve construction management and
quality control measures", says Sarkis Kotanjian.

The current Fund projects and upcoming activities were discussed too. The
Hayastan Fund management also visited the Stepanakert School N11
construction site.