PUBLIC SERVICES PAYMENT BY MEANS OF ARMENIAN CARD SYSTEM SUSPENDED

ARKA
Feb 16, 2009

YEREVAN, February 16. /ARKA/. The practice of public services payments
by means of ATM belonging to the Armenian Card system will be suspended
in Armenia until May.

The Armenian Card (ArCa) processing center informs all the car holders
that the company is implementing a re-equipment program.

The Armenian Card CJSC was founded on March 16, 2000, and currently
unites 20 out of the 22 Armenian banks.

The ArCa member-banks currently issue the following cards: ArCa
Classic, ArCa Gold, ArCa Business, ArCa Affinity, ArCa Co-branded,
ArCa Debit and ArCa Platinum.

The company is also a full member of the MasterCard Europe system
and processes VISA cards (Third Party Processor).