Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | Mikola Hibalyuk | DF |  | FK Stal Kamjanske | FK Stal |
| 07/2003 | | Oleksandr Kucher | DF | | FK Stal Kamjanske | FK Stal |
| 07/2003 |  | Arshak Amiryan | MF |  | FC Kotayk | FC Kotayk |
| 01/2003 |  | Dmitriy Vorobiev | GK |  | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Sergey Arakelyan | DF | |||
| 01/2003 | | Karen Barseghyan | DF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Hovhannes Demirchyan | DF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Ashot Grigoryan | DF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Ara Hovhannisyan | DF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Karen Simonyan | DF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Ararat Arakelyan | MF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Romeo Jenebyan | MF | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Dmytro Kondrashenko | MF | |||
| 01/2003 | | Artur Minasyan | MF |  | Avshar Ararat | Avshar |
| 01/2003 | | Aram Sargsyan | MF |  | FC Ararat | Ararat |
| 01/2003 | | Tigran Gharabaghtsyan | FW | |||
| 01/2003 | | Ara Hakobyan | FW | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Aram Hakobyan | FW |  | Stal Alchevsk | Stal Alchevsk |
| 01/2003 | | Samvel Melkonyan | FW | | Spartak Yerevan | Spartak Yerevan |
| 01/2003 | | Oganes Zanazanyan | MA | | Spartak Yerevan | Spartak Yerevan |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 12/2003 | | Oleksandr Kucher | DF | | FK Stal Kamjanske | FK Stal |
| 09/2003 | | Ara Hakobyan | FW | | FK Stal Kamjanske | FK Stal |
| 07/2003 | | Felix Khojoyan | DF |  | Damash Gilan | Damash Gilan |
| 07/2003 | | Artur Minasyan | MF |  | Pyunik FC | Pyunik |
| 01/2003 | | Hayk Babayan | DF |  | Mika FC | Mika FC |
| 01/2003 | | Arkadi Dokhoyan | DF | | Mika FC | Mika FC |
| 01/2003 | | Hayk Narimanyan | DF | | Avshar Ararat | Avshar |
| 01/2003 | | Emil Mesropyan | MF | | Mika FC | Mika FC |
| 01/2003 | | Hayk Hakobyan | FW | | Mika FC | Mika FC |