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   News Release of «AzEuroTel» for December 24, 2004


   December 17, 2004 Government of International Fund awarded Gold Medal to «AzEuroTel» company for the Excellence in Business Practice. Fund “For the Excellence in Business Practice” – is the unique international non-governmental non-commercial organization with headquarters in Geneva (Switzerland), laid under the control of Swiss Federal Authority. It’s objective is to encourage and extend functioning unified standards of business – community throughout the world, based on high ethic and moral principles. Excellence in Business Practice provides transparency and accuracy in financial reports, governance of corporation, excellence of service rendering and producible goods.
   On the Gold Medal Award Ceremony, held in conference hall Credit Suisse, Geneva, Chairman of Fund, Mr. D.Damary said: “Awarding «AzEuroTel» company with Gold Medal “For the Excellence in Business Practice” embodies acknowledgement and independent valuation of company’s activity in accordance with high standards of international business. It is also public gesture acknowledgement of «AzEuroTel» company’s urge for work in compliance with international standards.

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