PVD: Dividence Advance

HOSE would like to announce the record date for dividend advance in cash for the first time in 2008 by Petrovietnam Drilling and Well Services Joint Stock Company (PV Drilling):

* Stock symbol:    PVD

* Stock type:    Common stock

* Par value:     VND 10,000 

* Ex-right date:     December 03rd, 2008

* Record date:    December 05th, 2008

* Pay-out ratio:     25%/ par value (VND2,500 / share)

* Payment date:     December 22nd, 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 PV Drilling, 2 & 3, 12 Nam Ky Khoi Nghia St., Dist.1, Hochiminh City.

Vietnam Securities Depository _ HCMC Branch will temporarily suspend the depository activities for PVD on December 04th, 05th & 08th, 2008.

HoSE

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