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Sold shares to “GazProm”

Economy
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The "Itera International Energy" LTD-shareholder of the "ArmRusGazard" CJSC-has sold 2,800,000 ordinary nominal shares to "GazProm" OJSC (large shareholder of "ArmRusGazard"). This makes up 4.45% of the regulatory capital of "ArmRusGazard" CJSC and as a result, "GazProm" currently owns 80% of shares at "ArmRusGazard".

The deal was registered at the "Armenian Central Depository" OJSC on 2009 March 12, as informed by the press service of "ArmRusGazard".