The international symposium The Modern Physics of Compact Stars will take place in Yerevan, Armenia, September 17-23, 2008, at the conference hall of the Hotel "Golden Palace". The symposium is held on the occasion of 100 birthday of Viktor A. Ambartsumian - one of the pioneers of the theoretical astrophysics of 20th century [see wikipedia] . The focus of the symposium is on the current topical issues in physics of compact stars, including generation of gravitational waves, properties of dense matter, thermal, rotational and magnetic evolution.