BONDS OF “ARMENIAN COPPER PROGRAM” CJSC
Type of bonds Registered coupon bonds
Volume of issue AMD 500,000,000
Face value AMD 50,000
Amount 10,000
Maturity period 18 months (bonds repaid on 26.03.2009)
Yield 10% annual
Collateral Guarantee from “Mining-Mettalurgical Institute” CJSC
Coupon payment With periodicity of 6 months
(26.03.2008, 26.09.2008 ¨ 26.03.2009)
Organizer and lead manager “ARMSWISSBANK” CJSC
Regulated market Armenian Stock Exchange, Bbond level



* In case of discrepancies between the published Armenian and English language information, the Armenian information prevails.