YEREVAN, April 9 (Noyan Tapan). It was decided that the 2004 female World Chess Championship will be held in Tbilisi. But new versions appeared after the shift of power in Georgia. Referring to the Georgian Chess Federation, FIDE informs that President of Adzharia Aslan Abashidze gave his accord to hold the championship in Batumi. It is expected that the tournament will start in May. FIDE will soon set exact terms of holding the Championship. The World Championship will be held by a knock-out system: 64 chess-players will compete for the title of the world champion. Two Armenian representatives, grand masters Elina Danielian and Lilit Mkrtchian will be among the participants. The prize fund of the World Championship makes 450,000 dollars.

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