GRANT THORNTON AMIOT: NASDAQ OMX ARMENIA STOCK EXCHANGE’S FINANCIAL REPORTS TRUE

ARKA
July 16, 2009

YEREVAN, July 16. /ARKA/. NASDAQ OMX Armenia Stock Exchange’s financial
reports are true, Grant Thornton Amyot, Armenian audit and consulting
company said after auditing the stock exchange’s 2008 activity.

According to the report, the company has audited the stock exchange’s
detailed financial reports including accounting balance, financial
results, changes in the capital and cash flows and the brief
description of accounting policy.

Grant Thornton Amiot also summarized the results of overhaul of
Armenian Central Depository’s financial reports.

NASDAQ OMX Armenia (Armenian Stock Exchange OJSC until January 27,2009)
was founded in 2001 as a self-regulating organization, a voluntary
association of 21 brokerage firms.

Early in November 2007, the stock exchange was transformed to an
OJSC. On January 7, 2008, OMX (at present NASDAQ OMX) became sole
owner of NASDAQ OMX Armenia.

On June 5, 2009, the stock exchange became the same owner of the
Central Depository of Armenia.

Mow 26 companies, including 19 banks, are members of NASDAQ OMX
Armenia.

Grant Thornton launched its activities in Armenia yet in 1991.

In 1994, the French company opened a branch in Armenia.

The branch was later reorganized into Grant Thornton Amyot Company
providing audit and consulting services.

Grant Thornton Amyot LLC is a full member of Grant Thornton
International, a global organization of accounting and consulting
member firms which provide assurance, tax and specialist advisory
services (SAS) to privately held businesses, public interest entities,
and public sector entities.

The company renders these services also to financial institutions,
including 25 banks, dozens of credit and insurance companies and funds,
in Armenia, Georgia, Tajikistan and other countries.

From: Emil Lazarian | Ararat NewsPress