PGS: Notice of transaction of founding shareholder

PGS announces notice of transaction of founding shareholder as follows:

1. Name of issuer: Petrovietnam Southern Gas JSC

2. Stock code: PGS

3. Name of founding shareholder: Petro vietnam

4. Securities type: common stock

5. Number of shares held by founding shareholder: 11,869,900 shares

6. Nature of transaction: Transfer of share, off-system

7. Number of shares to be transferred: 11,869,900 shares

8. Expected total holding of share purchase rights following transaction: 0

9. Name of transferee: Petro Gas Vietnam

10. Total holding of transferee after transaction: 11,869,900 shares (79.13%)

11. Expected date of transaction: From 26/4/2009

hastc

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