VC7: Report on use of proceeds

No.7 Vietnam Construction Joint Stock Company (HNX: VC7) reports the use of proceeds in the issue of 3,000,000 shares approved by the State Securities Commission on 14/01/2010 as follows:

1. Net proceeds: VND 30,000,000,000

2. Use of proceeds: Investment in the office and apartment building at 19, Dai Tu, Dai Kim, Hoang Mai district, Hanoi. Currently, VND21.13 billion has been spent on building materials. The remained amount (VND8.87 billion) will be used to pay for contractors in Quarter I/2010.

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>   V15: Correction on transaction result of share purchase rights of Mr. Thao and Mr. Binh (24/12/2010)

>   V11: Notice of transaction of share purchase rights of connected institution (Vinaconex) (24/12/2010)

>   VDL: Mr. Dung registered to buy 3,600 shares (24/12/2010)

>   ICI: General Director bought 30,000 shares (24/12/2010)

>   VND: Chair of the Board registered to buy 800,000 shares (24/12/2010)

>   VHL: SSIVF registered to buy and sell 488,400 shares (24/12/2010)

>   VHL: SSIVF bought and sold 19,500 shares (24/12/2010)

>   TDN: Uw Indochina Vietnam Ltd sold 101,500 shares (24/12/2010)

>   APG: Cancellation of transactions of Directors, PDMR (Mr. Tran Thien Ha) (24/12/2010)

>   TBX: Ms. Ngan registered to buy and sell 5,400 shares (27/12/2010)