PVD: Business result in the first 8 months 2008

Petrovietnam Drilling and Well Services Joint Stock Company (PV DRILLING) has informed of business result in the first 8 months 2008 as follows:

* Sales: VND2,335 billion, gaining 78% of the plan 2008 (VND3,000 billion)

* Profit after tax: VND675 billion, gaining 96% of the plan 2008 (VND700 billion)

Reasons:

* Increasing capacity of operating jack-up rig PV Drilling I from 95% to 100% and the number of services supply contracts with customers such as Thang Long, Truong Son, Cuu Long, Primier Oil…..

* Strengthening supply of hi-technical services such as Mud logging, Production Wireline….

* Well control of expenses

The company is expected to gain sales of VND3,200 billion and profit of VND850 billion at the end of 2008.

HoSE

>   VFC: Trading result of major shareholder (29/09/2008)

>   VIC: Approval for excessive trading of treasury stock (29/09/2008)

>   NAV: Resolution of the Board of Directors (29/09/2008)

>   BBC: Trading of an affiliated institution (29/09/2008)

>   COM: Trading Result (Nguyen Thi Lung) (29/09/2008)

>   VSC: Trading result of major shareholder (29/09/2008)

>   HTV: Trading result of major shareholder (29/09/2008)

>   PET: Trading of an affiliated institution (29/09/2008)

>   TDH: Trading result (Quan Minh Tuan) (29/09/2008)

>   VIS: The record date for a ballot (29/09/2008)