VIS: Dividend Payment in Cash (Tranche 1-2008)

HOSE announces the record date for the first dividend payment for 2008 of VISCO:

- Name of the listed firm:   Viet Nam – Italy Steel Joint Stock Company

- Short name:     VISCO

- Stock symbol:   VIS

- Stock type:     Common stock

- Par value:     VND 10,000

- Ex-right date:     December 10th, 2008

- Record date:     December 12th, 2008

- Dividend pay-out ratio:   10%/ par value (VND1,000 / share)

- Payment date:    December 31st, 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 Pho Noi A Industrial Zone, Yen My District, Hung Yen Province.

Vietnam Securities Depository _ HCMC Branch will temporarily suspend the depository activities for VIS on December 11th, 12th & 15th, 2008.

Hose

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