UIC: Cash dividend payment

HoSE announces the record date for the dividend payment for 2007 as follows:

Name of the listed firm:   IDICO Urban and House Development Joint Stock Company

Short name:  IDICO - UDICO

Stock symbol:   UIC

Stock type:  Common stock

Par value:   VND 10,000

Ex-right date:   June 4th, 2008   

Record date:   June 6th, 2008 

Dividend pay-out ratio:    15%/ par value (VND1,500 / share)

Payment date:  June 27th, 2008

Vietnam Securities Depository _ HCMC Branch will temporarily suspend the depository activities for UIC on June 5th,6th & 9th, 2008.

Place & procedure of payment:

-Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

-Shareholders whose shares have not been deposited: at IDICO - UDICO from June 28th, 2008.

Please submit ID and Shareholder certificates or the legal authorized letters on receipt of dividend.

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