PVI: Notice of share repurchase for Treasury stock

Petrovietnam Insurance (HNX: PVI) announces the notice of share repurchase for Treasury stock as follows:

1. Name of issuer: Petrovietnam Insurance

2. Head Office: No. 154 Nguyen Thai Hoc Street, Ba Dinh District, Hanoi

3. Stock code: PVI

4. Number of current treasury shares: 0 share

5. Number of shares to be repurchase: 5,000,000 shares

6. Purpose: For Treasury Stock

7. Resource for repurchase: Capital surplus and retained earnings

8. Tender price: Market price and not higher than book value

9. Expected date for repurchase: From 25/11/2010 to 22/02/2011

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

11. Authorized securities company: PetroVietnam Securities Incorporated.

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