COM: Explanation for business difference in quarter 2/2010

Materials - Petroleum Joint Stock Company (COMECO) has explained profit in quarter 2/2010 decreased more than that in quarter 2/2009 as follows:

- Revenue in quarter 2/2009: 633,264,793,768 dongs

- Revenue in quarter 2/2010: 916,786,374,616 dongs

- Change: 144.77%

- Profit before tax in quarter 2/2009: 14,494,804,688 dongs

- Profit before tax in quarter 2/2010: 11,149,628,766 dongs

- Change: 76.92%

- Reasons:

+ Revenue in quarter 2/2010 increased 144.77% more than that in quarter 2/2009 because costs of products increased in quarter 2/2010.

- Profit before tax in quarter 2/2010 decreased 23.08% because the gross profit decreased.

hose

>   NSC: Transaction of major shareholder (02/08/2010)

>   KMR: Announcement of listing & trading additional shares (02/08/2010)

>   BCE: Trading result of inside shareholder (02/08/2010)

>   TMT: Buying back shares (02/08/2010)

>   NSC: Trading Result of Major Shareholder (02/08/2010)

>   DLG: Violation of information disclosure of affiliated person (02/08/2010)

>   ASM: The record date (02/08/2010)

>   NSC: Trading Result of Major Shareholders (02/08/2010)

>   PVT: Violation of information disclosure of major shareholder (02/08/2010)

>   CLG: Decision on initial listing (02/08/2010)