VNM: Trading result of affiliated institution

Viet Nam Dairy Products Joint Stock Company (HOSE: VNM) has disclosed trading result of an institution affiliated with an inside shareholder as follows:

* Stock symbol: VNM

1. Trader: Old Square Capital Master Fund, L.P.

• Affiliated person: Mr. Le Anh Minh

• Position of Mr. Le Anh Minh at the listed firm: A Member of the BOD

• Owning volume before trading: 39,450 shares (0.011%)

• Volume registered to sell: 39,450 shares

• Sold volume: 39,450 shares

• Owning volume after trading: 0 share

• Trading method: Order matching

• Trading period: February 21, 2011

2. Trader: Old Square Capital Frontier Markets Master Fund, L.P.

• Affiliated person: Mr. Le Anh Minh

• Position of Mr. Le Anh Minh at the listed firm: A Member of the BOD

• Owning volume before trading: 21,150 shares (0.006%)

• Volume registered to sell: 21,150 shares

• Sold volume: 21,150 shares

• Owning volume after trading: 0 share

• Trading method: Order matching

• Trading period: February 21, 2011.

hose

>   VSC: Ms. Tran Hoang Diem Phuong registered to sell 10,000 shares (24/02/2011)

>   FDC: Mr. Do Hoang Hai sold 142,890 shares (24/02/2011)

>   FDC: Mr. Le Van Dung registered to sell 50,000 shares (24/02/2011)

>   HQC: The record date for the 2011 annual shareholders’ meeting (24/02/2011)

>   KDC: Announcement of listing & trading additional shares (24/02/2011)

>   KDC: Decision on additional listing (24/02/2011)

>   MCG: MCG to buy back stock (24/02/2011)

>   PAC: Change in the ownership ratio of a major shareholder (24/02/2011)

>   FDC: Mr. Do Hoang Hai registered to buy 50,000 shares (24/02/2011)

>   EIB: Mr. Trinh Van Tuong registered to sell 100,000 Shares (24/02/2011)