ITA: Kien Luong Electricity Project

Tan Tao Investment Industry Corporation (ITA: ITACO) has announced information of Kien Luong Electricity Project as follows:

* Tan Tao Electric Corporation (*) was approved to adjust the surface plan of Kien Luong Electricity Center to a land reclamation area. Purpose of the adjustment was to decrease price of Kien Luong Thermoelectricity Factory. The area approved formerly will be used to build a reservoir basin, apartments for experts, a trade center and office for Kien Luong Electricity Center.

* ITACO has been prompt in building embankments, roads and leveling the surface to hand over the surface and choose a EPC contractor in quarter 2/2010. ITACO has to ensure Kien Luong 1 Electricity Factory will run in 2013-2014.

(*) Temporary translation

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