PXI: Cash Dividend Payment

Petroleum Industrial & Civil Construction Joint Stock Company (HOSE: PXI) announces the record date to close shareholder list:

• Stock symbol: PXI

• Stock type: Common stock

• Par value: VND 10,000

• Ex-right date: December 24, 2010

(In case of put-through trading with volume from 100,000 shares and over on December 24 & 27, 2010 sellers will not receive the rights.)

• Record date: December 28, 2010

• Dividend pay-out ratio: 14%/ par value (VND1,400/ share)

• Purpose:  To make the first dividend payment for 2010

• Payment date: January 10, 2011

Place & procedure of payment:

-Shareholders whose shares have been deposited: At the securities firms where the shares have been deposited.

-Shareholders whose shares have not been deposited: At Petroleum Industrial & Civil Construction Joint Stock Company

Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend.

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>   PDR: Cash Dividend Payment (14/12/2010)

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>   SEC: Record date for the second dividend payment of 2010 (14/12/2010)

>   PDR: Resolution on the 2010 dividend (14/12/2010)

>   OGC: Resolution on paying dividend & balloting shareholders (14/12/2010)

>   PVE: Notice of record date for seasoned issue and dividend payment (13/12/2010)