VGS: Notice of share repurchase for Treasury stock

VGS announces the notice of share repurchase for Treasury stock as follows:

1. Name of issuer: Vietnam Germany Steel Pipe JSC

2. Head Office: Binh Xuyen Industrial Park, Binh Xuyen, Vinh Phuc

3. Stock code: VGS

4. Securities type: Common stock

5. Number of current treasury shares: 0

6. Number of shares to be repurchased: 1,000,000 shares (2.66% of outstanding shares)

7. Purpose: For Treasury Stock

8. Resource for repurchase: Paid-in capital on 30/06/2010

9. Tender price: Market price

10. Expected date for repurchase: From 27/08/2010 to 25/09/2010

11. Trading method: Acquisition through negotiation or continuous order matching

12. Authorized securities company: SeABank Securities Corporation

13. Account number: 032C018888 at SeABank Securities Corporation.

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