PNC: Trading result of major shareholder

The following is the trading result of a major shareholder of Phuong Nam Cultural Joint Stock Corporation (PNC):

* Stock symbol: PNC

* Trader: Indochina Capital VietNam Holdings Limited

* Owning volume before trading: 834,104 shares (8.29%)

* Sold volume: 400,000 shares

* Owning volume after trading: 434,104 shares (4.32%)

* Trading period: September 09, 2009

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>   SFC: Transaction of affiliated person (15/09/2009)

>   VIS: Transaction of affiliated institution (15/09/2009)

>   VNA: Transaction of affiliated person (15/09/2009)

>   CAD: Trading Result (Mr. Tran Minh Hoang) (15/09/2009)

>   CSM: Transaction of affiliated person (15/09/2009)

>   CSM: Estimated revenue in Quarter III/2009 (15/09/2009)

>   GMC: Trading result (15/09/2009)

>   GMC: Trading Result (Mr. Nguyen Dai) (15/09/2009)

>   REE: Business result in August 2009 (15/09/2009)

>   VST: Trading Result (15/09/2009)