VC9: Board resolution on seasoned issue

Construction Joint Stock Company No.9 (HNX: VC9) announces the plan on seasoned issue to increase charter capital from VND120 billion to VND200 billion as approved in the Board Resolution on 20/04/2011 as follows:

- Name of the issuer: Construction Joint Stock Company No.9

- Stock code: VCS

- Stock type: Common stock.

- Par value: VND 10,000/share

- Total volume of shares to be offered: 8,000,000 shares

- Total par value of shares to be offered: VND 80,000,000,000

- Offering method: Placement with outstading shareholders

- Offering price: VND10,000/ share

- Expected proceeds: VND 80,000,000,000

- Exercise rate: 100:66.66 (Shareholders are entitled to buy 66.66 new shares for every 100 shares they own. Number of shares received will be rounded down to units digit).

- Use of proceeds:

+ Supplementing working capital, decreasing bank loans and financial expenses, increasing the production efficiency: VND 50 billion

+ Investing in new technology equipment to build high buildings: VND 30 billion

- Capital structure before and after the issue:

hnx

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