LGL: Announcement on share buyback

Long Giang Investment and Uban Development Joint Stock Company has intention to repurchase its stock as follows:

* Stock symbol: LGL

* Number of treasury shares before trading: 0 share

* Number of shares registered to buy back: 2,900 shares

* Bought volume: 2,900 shares

* Trading method: Order matching

* Trading period: August 18 2010

* Purpose: To buy back shares from employees who retired.

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>   HRC: Transaction of major shareholder (24/08/2010)

>   HAG: Trading result of affiliated institution (24/08/2010)

>   DTL: Notice of selling treasury stock (24/08/2010)

>   D2D: Trading result of major shareholder (24/08/2010)

>   CTM: Notice of transaction of principal shareholder (23/08/2010)

>   CII: Trading result of affiliated institution (24/08/2010)

>   CTM: Result of transaction of principal shareholder (23/08/2010)

>   CPC: Notice of transaction of connected person (23/08/2010)

>   CTI: Adjusting figures in financial statement Q2/2010 (24/08/2010)

>   BTP: Explanation for figures in the examined financial statement (24/08/2010)