SGH: Result of transaction of principal shareholder (CityGroup)

SGH announces the result of transaction of principal shareholder (CityGroup) as follows:

- Name of issuer: Saigon Hotel Corporation

- Stock code: SGH

- Name of principal shareholder: Citygroup Global Financial Market Products Ltd (CGMFP)

- Securities type: Common stock

- Number of shares held by the principal shareholder before transaction: 350,280 shares (19.83% of the charter capital)

- Number of shares to be acquired: 6,000 shares

- Purpose of transaction: Investment

- Total holding after the transaction: 356,280 shares

- Expected date of transaction: 17/5 – 27/5/2010.

hnx

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