LBM: Resolution of the Board of Directors

Lam Dong Mineral and Building Material Joint Stock Company (HoSE: LBM)announced the resolution of the Board of Directors:

Approving the financial statements in the first six months of 2010.

Approving final figures of investment in a Concrete Mixing Station of Hiep Luc Concrete Enterprise:

* Project’s evaluation approved: 13,385,000,000 VND

* Definitive evaluation: 12,066,042,740 VND 

Paying the first dividend installment of 2010: 6% (VND600/share)

* Payment method: In cash

* Payment date: October 2010

Approving adjustment, supplement to the regulations of financial management according to Document 16/2010/TTr-Cty dated August 30, 2010 by the Directorate.

Authorizing the Directorate to contact with the foreign partner on producing kaolin HTK (Hiep Tien kaolin) in Hiep Tien Enterprise. Results will be reported to the Board of Directors in Quarter 4/2010 meeting.

hose

>   Firms revise profit totals after audits (20/09/2010)

>   NAV: Extension time of submitting FS H1/2010 (17/09/2010)

>   PET: Resolution of the Board of Directors (17/09/2010)

>   DDM: Explanation for business result in H1/2010 (17/09/2010)

>   CAD: Extension of the submission date of 6-month reviewed FS (17/09/2010)

>   AGD: Repurchase of a aquatic feed processing factory (17/09/2010)

>   HVG: Extension of the submission date of 6-month reviewed FS (17/09/2010)

>   PTC: Explanation for differences of FS before and after audit (17/09/2010)

>   NKD: Explanation for FS of H1/2010 before and after audit (17/09/2010)

>   LHG: The BOD's resolution of supplementing businesses (17/09/2010)