PHH: Notice of share repurchase for treasury stock

Hong Ha Petroleum Joint Stock Company (HNX: PHH) announces to repurchase shares for treasury stock as follows:

1. Name of issuer: Hong Ha Petroleum Joint Stock Company

2. Stock code: PHH

3. Securities type: Common stock

4. Number of current treasury shares: 1,000,000 shares

5. Number of shares to be repurchased: 1,500,000 shares

6. Purpose: For Treasury Stock

7. Resource for repurchase: Paid-in capital and retained earnings

8. Tender price: Market price and book value at maximum

9. Expected date for repurchase: From 6/5/2011 to 6/7/2011

10. Trading method: Acquisition through negotiation or continuous order matching

11. Authorized securities company: Thang Long Securities joint stock company.

hnx

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