PNC: Setting up a subsidiary

Phuong Nam Cultural JSC (HOSE: PNC) established a subsidiary as follows:

- Company name: Phuong Nam Media Entertainment Ltd.(*)

- Head office: 940 Street 3/2, Ward 15, District 11, HCMC

- Charter capital: VND10,000,000,000

- Business License No.0311053501 granted for the first time on August 09, 2011.

- Legal representative: Ms. Phan Thi Le – BOD Chairwoman.

(*) temporary translates.

HOSE

>   HTI: 2011’s first half Audited FS explanation (29/08/2011)

>   HAI: Explanation for business result in QII/2011 (29/08/2011)

>   FBT: 2011’s First Half Audited FS Submission extension (29/08/2011)

>   VHC: Explanation for business result in QII/2011 (26/08/2011)

>   VIP: Explanation for business result in 6 months of 2011 (26/08/2011)

>   POT: Notice of Extraordinary General Meeting of Shareholders 2011 (26/08/2011)

>   VFG: Explanation for business result in QII/2011 (29/08/2011)

>   DCT: 2011’s first half Audited FS submission extension (29/08/2011)

>   DCL: Explanation for business result in QII/2011 (25/08/2011)

>   PTB: Explanation for business result in QII/2011 (25/08/2011)