HVG: Resolution on a stock buyback

On March 01, 2011, the Board of Directors of Hung Vuong Corporation (HOSE: HVG) unanimously decided:

Article 1: To buy back shares of HV CORP:

- Par value: VND10,000

- Number of treasury shares held currently: 1,260,320 shares

- Number of shares registered to buy back: 5,000,000 shares (7.58%)

- Purpose: Stabilizing the market price

- Financial resource: Capital surplus, retained profit until September 30, 2010

- The first trading date: April 01, 2011

- Trading time: Within 90 days from the official trading date.

- Trading method: Order matching and put through

- Buying price: According to the market price.

- Authorized companies: Sai Gon Securities Incorporation.

Article 2: This resolution takes effect from March 01, 2011.

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>   HU3: Announcement of the first trading date (08/03/2011)

>   VNM: Announcement of listing & trading additional shares (08/03/2011)

>   DID: Director registered to sell 30,000 shares (08/03/2011)

>   B82: Director bought 10,000 shares (08/03/2011)

>   TAS: INCOO., JSC registered to sell 1,125,000 shares (08/03/2011)

>   VCM: Result of transactions of Directors, PDMR (08/03/2011)

>   VIX: Director sold 810,000 shares (08/03/2011)

>   YBC: Cuu Long Heavy Industries JSC registered to sell 1,437,500 shares (08/03/2011)

>   SD4: Deputy General Manager sold 12,000 shares (08/03/2011)

>   TAG: Notice of transaction of Directors, PDMR (Ms. Huong) (08/03/2011)