Valleta Company (Armenia) Effects First Coupon Payment

VALLETA COMPANY (ARMENIA) EFFECTS FIRST COUPON PAYMENT

ARKA
March 6, 2009

YEREVAN, March 6. /ARKA/. On March 4, the Valletta Company (Armenia)
effected the first coupon payment. According to the information
available on the official website of ArmSwissbank the payments
were effected on the coupon bonds of the AMVALTB23ER5 series, with
ArmSwissbank acting as clearing bank.

The Valletta Ltd launched its activities in Armenia in 1990. The
company specializes in export and imports, fast food production, tea
and coffee business, as well as in developing enterprises that later
operate as independent enterprises. The company comprises processing
enterprises, restaurants, store chains and firms importing household
appliances.

ArmSwissbank was incorporated on November 22, 2004, with 100%
Swiss capital.

On February 25, 2005, the bank received a banking license. On October
6, 2008, ArmSwissbank became an official market maker for the third
bond tranche of the Vallet Company.

ArmSwissbank joined the Armenian Stock Exchange on September 14, 2007,
and is currently acting as market-maker for corporate bonds issued by
ArmRosgasprom (HRGAB2), the only bonds presently on the Abond list,
as well as for the bonds issued by the Valletta Company (VALTB2,
VALTB3), Armenian Copper Program (ARCPB1) and HSBC Bank Armenia,
which bonds are on the Bbond list.