SHARES OF “ARTSAKH HEK” OJSC

Type	Registered common shares	Prospectus Decisions made at the meeting of “Artsakh HEK” OJSC Board of Directors on 20th of August, 2010
Total Offer Volume	AMD 3,285,715,000
Total quantity of offered shares	3,285,715
Face value	AMD 1,000
Offer price	AMD 1,050
Placement volume	AMD 905,177,700
Total quantity of allocated shares	862,074
Total amount of shares allocated by “ARMSWISSBANK” CJSC	AMD 466,336,500
Member of the underwriting syndicate Market maker	"ARMSWISSBANK" CJSC