On August 5th of 2008 Valletta Ltd and ArmSwissBank CJSC signed an underwriting agreement to place corporate partial maturity coupon bonds with the total amount of AMD 500 mln (10,000 with face value of AMD 50,000) and 36 months maturity. On August 7th bonds’ 3rd issuance prospectus was submitted to the Central Bank of RA for registration. The allocation of bonds will be accomplished through public offer. Additional information regarding the details of the public offer and the allocation will be provided by the Bank and the Company after the registration of the prospectus.