HDC: Change of holding rate of major shareholder

Information on change of holding rate of major shareholder at the Ba Ria – Vung Tau House Development Joint Stock Company:

* Trader: Mr Doan Huu Thuan

* Trading stock symbol: HDC

* Position in the listed firm: Chairman of the BOD and General Director

* Owning volume before trading: 823,902 shares (7.631%) (total share outstanding: 10,797,391 shares, excluding shares for dividend payment, bonus shares and shares for private placement).

* Bought volume: 50,000 shares

* Owning volume after trading: 1,230,926 shares (6.154%) (including 82,390 shares for the second dividend payment 2009 with ratio of 10% and receiving 274,630 bonus shares with ratio of 3:1).

* Reason of changing the holding rate: Decreasing the holding rate from 7.631% to 6.154% because the company has issued an additional 4,678,339 shares for the second dividend payment 2009 with ratio of 10%, bonus shares with ratio of 3:1 and 4,524,270 shares for private placement. Thus, total share outstanding is 20,000,000 shares.

* Date of changing the holding rate: 13th July 2010.

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>   SHI: Resolution of the BOD (15/07/2010)

>   VSP: Notice of sale of VINASHIN’s Equity at SHINPETROL (VSP) (15/07/2010)

>   Asia - Pacific Securities JSC opened a new branch (15/07/2010)

>   BVS: Result of transaction of Directors, PDMR (15/07/2010)

>   CVT: Notice of transaction of Directors, PDMR (15/07/2010)

>   CIC: Notice of transaction of Directors, PDMR (15/07/2010)

>   V21: Result of transactions of Directors, PDMR (Mr. Hiep) (15/07/2010)

>   VMC: Notice of transaction of principal shareholder (VF1) (15/07/2010)

>   VMC: Result of transaction of principal shareholder (VF1) (15/07/2010)

>   VC7: Notice of transaction of Directors, PDMR (Mr. Trung) (15/07/2010)