TRANSACTIONS WORTH $110.2 MILLION CONCLUDED IN ARMENIA ON DOLLARS BETWEEN MARCH 9 AND 13

ARKA
March 16, 2009

YEREVAN, March 16. /ARKA/. Transactions worth $110.2 million have been
concluded in Armenia on U.S. dollars over the period between March
9 and 13, the press office of the Central Bank of Armenia reports.

The exchange rate was AMD 366.93 per dollar.

NASDAQ OMX Armenia Stock Exchange has concluded deals worth $15.6
million over the mentioned period under exchange rate AMD 371.43 = $1.

$40.3 million was bought at AMD 363.2 per dollar and sold $38.7
million at AMD 376.2 per dollar over the period between March 9 and 13.

Banks in Armenia has extended credits totalling AMD 10.1 billion or
$13.5 million over the period from March 2 to 8.

NASDAQ OMX Armenia (Armenian Stock Exchange (Armex) before January
2009) was established in 2001 as voluntary merger of 21 broker
(dealer) companies.

In November 2007, Armex was reorganized into an open joint stock
company.

In January 2008, OMX, Scandinavian stock exchange operator, bought 100%
of Armenian Stock Exchange and Central Depository’s shares.

On November 7, 2005, NASDAQ OMX Armenia got a license from the Central
bank of Armenia for holding auctions for dollar sale and purchase.

After NASDAQ and OMX merger in March 2008, the company NASDAQ OMX
Group, Inc became the sole holder of Armenian Stock Exchange and
Central Depository’s shares.

2320securities underwent registration and listing on Armenian Stock
Exchange by Feb 6, 2009, 2009.

Capitalization of Armex amounted to AMD 53.6 billion. ($1 = AMD
369.84).