REE: Business result in February 2010

Refrigeration Electrical Engineering Corporation (REE) has informed of REE Group’s estimated business result in February 2010 as follows:

* In February 2010, net revenue of the group was VND130.9 billion and profit before tax was VND29.27 billion.

* The accumulation of net revenue of the group in the first two months was VND271.33 billion, gaining 18.09% of the 2010 plan (VND1,500 billion), and profit before tax was VND65.26 billion, equal to 12.8% of the 2010 plan (VND510 billion).

* In 2010, the BOD will submit the 2010 business targets to the general meeting for approval:

- Net revenue: VND1,500 billion

- Profit before tax: VND510 billion.

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