TMC: Explanation for business result in quarter 4/2008

Thu Duc Trading and Import Export Joint Stock Company (TIMEXCO) explained business result in quarter 4/2008 as follows:

Unit: billion dongs

• Reasons of changes in quarter 4/2008:

+ Net sales decreased by 15.13% because prices of gas and materials decreased by 40-50%.

+ Gross profit decreased by 57.26% in comparison with quarter 3 because material price decreased by 42% in comparison with inventories in beginning balance. The company discharged inventories over 60% and deducted for devaluation provision of inventories over 4 billion dongs.

+ Short-term and long-term financial provisions were deducted additionally for devaluation and its ending balance was 7.07 billion dongs.

+ Profit after tax reached 115.31% in comparison with the plan of Shareholders’ Meeting in 2008 and increased by 29.64% in comparison with the realization in 2007.

Hose

>   Thang Long Securities Co., Ltd: Increase in charter capital (22/01/2009)

>   Habubank Securities Company Limited openes a new transaction office (22/01/2009)

>   Listed companies draw cautious business plans for 2009 (22/01/2009)

>   Real-estate developer increases investments (22/01/2009)

>   Index dips to 300 on slow trades (22/01/2009)

>   2008 stock market, taking stock (22/01/2009)

>   The richest 30 families on the stock market in 2008 (22/01/2009)

>   REE: Contribute capital to BTF (22/01/2009)

>   SGT: Receiving award of the goverment (22/01/2009)

>   D2D: Approval in principle of listing (22/01/2009)