LAF: Resolution on the dividend payment

Long An Food Processing Export Joint Stock Company (HOSE: LAF) announced the resolution of the Board of Directors on March 23, 2011:

The Board of Directors was unanimously to make the 2010 dividend payment in stock:

• Exercise ratio: 10%/par value

• The one who owns 10 shares at the record date will receive 1 new share as dividend. The volume will be rounded to units. The fractional parts (If any) will be cancelled.

For example: Shareholder Nguyen Van A owns 155 shares, the calculation will be: 155 x 10% =15,5 shares. Therefore, he will receive 15 shares and and 0.5 share will be cancelled.

This resolution takes effect from March 23, 2011. 

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