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Issue and distribution results of shares by ARMECONOMBANK OJSC 

1.    Issuer’s name:        ARMENIAN ECONOMY DEVELOPMENT BANK OPEN JOINT STOCK COMPANY
            
2.    Category, volume of offered (issued)  securities
        Common shares (equity stock): 30,800 units at nominal value of AMD 10,400 (AMD 16,250 at market price) each; total volume of  securities (at nominal value) amounts to AMD 320,320,000, total volume of securities (at market price) amounts to AMD 500,500,000.
            
3.    Period envisaged for the public offering          15/07/2019, 09:00-30/12/2019, 16:00
            
4.    Category, volume of distributed  securities         Common shares (equity stock): 30,800 units at nominal value of AMD 10,400 (AMD 16,250 at market price) each; total volume of  allocated securities (at nominal value) amounts to AMD 320,320,000, total volume of distributed securities (at market price) amounts to AMD 500,500,000.