PVD: Transaction of affiliated institution

Petrovietnam Drilling and Well Services Joint Stock Company has disclosed trading result of an institution affiliated with an inside shareholder as follows:

* Stock symbol: PVD

* Trader: Bank for Foreign Trade of Vietnam          

* Position at  the listed firm: found shareholder and  representative of the Board of Directors and Supervisory Board

* Affiliated person: Dinh Thi Thai & Phung Nguyen Hai Yen

* Position of  affiliated at  the listed firm:

+ Dinh Thi Thai – a Member of the Board of Directors

+ Phung Nguyen Hai Yen – a Member of Supervisory Board

* Owning volume before trading: 6,400,000 shares

* Registered volume to sell: 2,020,000 shares

* Owning volume after trading: 4,380,000 shares (25.03%)

* Purpose: To retructure investment protflios

* Trading method: Order matching or put through

* Expected trading period: From April 04, 2010 to August 04, 2010.

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>   SC5: Trading Result of Major Shareholder (02/06/2010)

>   TMT: Decision on additional listing (02/06/2010)

>   HT1: Announcement of listing and trading additional shares (02/06/2010)

>   MAFPF1: NAV from 20 May 2010 to 27 May 2010 (02/06/2010)

>   PRUBF1: NAV from 20 May 2010 to 27 May 2010 (02/06/2010)

>   VFMVF1: NAV from 20 May 2010 to 27 May 2010 (02/06/2010)

>   VFMVF4: NAV from 20 May 2010 to 27 May 2010 (02/06/2010)

>   BCCE: BCCE approved in principle to list stock (02/06/2010)

>   HT1: Decision on additional listing (02/06/2010)

>   LGL: Announcement of listing and trading additional shares (02/06/2010)