Date: 11/14/2003
 
Contact:  Talia Jebejian
Phone: 212.319.6383
Fax:  212.319.6507
Email: agbuwb@agbu.org


The Central Board of the Armenian General Benevolent Union (AGBU) releases the following information regarding the Melkonian Educational Institute (MEI) in Nicosia, Cyprus, following recent and widespread erroneous coverage in the news media about the status and future of the school.

First and foremost, the Board wants to inform the public and all interested
parties that current references about a proposed sale of the Melkonian property are unfounded and false. Land, facilities, and financial conditions of MEI are not the primary concerns of the Central Board at this time, and will not be the determinants in setting future directions for the school.

As it embarks toward its Centennial, and as part of a larger agenda focusing on the review of all the schools it operates worldwide, AGBU will continue to consider issues and challenges facing MEI today. In due course, the Central Board will announce its conclusions in this regard.

AGBU thanks the public for sharing its interests, ideas and concerns about the Institute.