PVD: Convertible ratio of capital contribution

Petrovietnam Drilling and Well Services Joint Stock Company (PV DRILLING) has informed of convertible ratio of capital contribution of PV DRILLING when merging to PVD Investment Corporation (PVD Invest) as follows:

* The amount of VND55,000 of the PV Drilling III project is converted into 1 PVD share.

* The remaining amount which is not enough to convert into one PVD share will be refunded to shareholders of PVD Invest or right transferees or persons who present in the contract of capital contribution between PV DRILLING and PVD Invest.

* Convertible period: after receiving the business license of PV Drilling for mergence and getting approval for additional listing.

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