Yerevan /Mediamax/. Presentation of the emission of registered coupon bonds of “IMEX Group” took place in Yerevan today##.

Mediamax reports that, speaking at the presentation, the President of the Company Norayr Khachatryan stated hat the bond emission will allow increasing the Company’s turnover and increase its “national spirit”.

Open subscription for the Company’s bonds started on September 15 and will last till October 10, 2008, the placement will last from October 13 to 15, 2008, according to the results of the subscription.

The underwriter of the placement is “Ameriabank”, which for the first time in Armenia is realizing a competitive mechanism of bond placement, which means that the bonds will be placed in accordance with the yields, quoted by the investors, but not exceeding 11.50%.

The face value of the bonds makes 10 thousand drams, the total volume – 1bln drams, the number of issued bonds – 100 thousand, the circulation term – 24 months, coupon interest rate – 11.5%. The coupons will be paid out each quarter. The investors will also be provided the right to repay preterm (put option) the bonds a year after the placement.

The Prospectus for the public offer of bonds is published at www.ameriabank.am and www.idealsystem.am websites.

Investors may receive hard copies of the Prospectus at “Ameriabank” CJSC, 2 V. Sargsyan St., Yerevan, and/or at “IMEX GROUP” LLC, 25 Tbilisi Ave., Yerevan.