Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2004 |  | Ararat Harutyunyan | MF |  | Shirak FC | Shirak FC |
| 07/2004 |  | Temur Ganiev | GK |  | FK Stal Kamjanske | FK Stal |
| 07/2004 | | Sergey Erzrumyan | MF |  | FC Kilikia | FC Kilikia |
| 07/2004 | | Nshan Erzrumyan | FW | | FC Kilikia | FC Kilikia |
| 01/2004 | | Artem Pidgayniy | DF | |||
| 01/2004 | | Artur Minasyan | MF |  | Pyunik FC | Pyunik |
| 01/2004 | | Artak Oseyan | MF | |||
| 01/2004 | | Artur Petrosyan | MF |  | FC Ararat | Ararat |
| 01/2004 | | Artem Yevlanov | MF | |||
| 01/2004 |  | Albert Iskoyants | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 11/2004 | | Sergey Erzrumyan | MF | | FC Kilikia | FC Kilikia |
| 08/2004 | | Artur Minasyan | MF | | FC Ararat | Ararat |
| 01/2004 | | Dmitriy Vorobiev | GK | | FK Stal Kamjanske | FK Stal |
| 01/2004 | | Karen Barseghyan | DF | | FC Kilikia | FC Kilikia |
| 01/2004 |  | Mikola Hibalyuk | DF |  | FK Mariupol | FK Mariupol |
| 01/2004 | | Karen Navoyan | MF | | FC Ararat | Ararat |
| 01/2004 | | Aram Hakobyan | FW |  | Stal Dniprodzerzhynsk (old) | Stal Dniprodzerzhynsk (old) |