HASTC NOTICE

Bidding results of Corporate bond issued by Highway Investment

and Development Company (VEC)

(bidding date: 20/8/2008)

1.       Bond type: Corporate bond

2.       Issue date: 22/8/2008

3.       Maturity date: 22/8/2023

4.       Par Value: VND 100,000/bond

5.      Coupon payment: Paid later, once a year at the issue date; coupon can be stored, but not cumulated

6.       Bidding method: Combination of competitive and non-competitive coupon bidding. Non-competitive bond volume should not exceed 30% of total bond bidding volume

7.       Bond selling form: Selling at par

8.       Total offering volume: VND 500 billion

9.       Total number of participating member: 02 member

10.   Total number of valid bidding: 2 slips

11.   Total valid registered: VND 150 billion

12.   Lowest registered yield: 18.00%/year

13.   Highest registered yield : 24.00%/year

14.   Ceiling yield: 16.00%/year

15.   Winning yield: No winning yield

16.   Total winning volume: VND 0 biilion

17.   Total payment for winning volume: VND 0 billion