DDM: Explanation for business result in Q1/2009

Dong Do Marine Joint Stock Company (DDM: Dong Do Marine) has explained business result in Q1/2009 as follows:

Profit before tax (VND331,827,072) and corporate income tax (VND41,478,384) in Q1/09 increased in comparison with that in Q4/08 due to the following reason:

* In Q1/09, there was increase of sales because the Dong Phu tanker has been put into operation. However, during the time, the Dong Phong tanker was in maintanance so it caused high expenses. Its sales was decreased.

* Loss of exchange rate was mainly arisen in Q4/08. Financial expenses in Q4/08 included interest expenses (VND16 billion) and difference of exchange rate (VND38 billion).

hose

>   NKD: Violation of inside trading (11/05/2009)

>   ASP: Dividend Payment in Cash (11/05/2009)

>   SSI: Transaction of affiliated institution (11/05/2009)

>   FMC: Listing and trading additional shares (11/05/2009)

>   FMC: Approval for additional listing (11/05/2009)

>   Institutions help drive market (11/05/2009)

>   21/05/2009, record date for bond coupon payment CP4A2604 (11/05/2009)

>   National Securities JSC: Amendment of business lines (11/05/2009)

>   Royal Securities Corp.: Increase in CC & business amendment  (11/05/2009)

>   Domestic investors back stock market (11/05/2009)