PVD: Transaction of affiliated institution

Petrovietnam Drilling and Well Services Joint Stock Company (PVD) announced transaction of a company affiliated with PVD’s inside shareholder:

* Stock symbol: PVD

* Trader: PetroVietnam Finance Joint Stock Corporation (PVFC)

* Affiliated person: Ms. Nguyen Thi Huyen

* Position of Ms. Nguyen Thi Huyen in PVD: Member of the Board of Directors

* Position of Ms. Nguyen Thi Huyen in PVFC: Deputy Director of PVFC’s Hochiminh Branch

* Current owning volume: 14,159,923 shares

* Volume registered to sell: 9,900,000 shares

* Owning volume after trading: 4,259,923 shares

* Trading method: Put-through

* Trading period: From Aug 25, 2009 to Sep 02, 2009

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