VIP: Business result in Q4/2008

Vietnam Petroleum Transport Joint Stock Company (VIPCO) has informed of business result in Q4/2008 as follows:

Profit after tax in Q4/2008 lost VND2,069,715,294.

Reason:

* Expense of repairing the tanker Petrolimex 3: VND18,303,358,115

* Deducting for the provision of securities devaluation: VND15,547,354,815

* Loss of difference of the exchange rate for long-term investment of tankers Petrolimex 6 and Petrolimex 10: VND29,849,931,595

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