CMV: Explanation for business result in QIII/2011

Camau Trading JSC (HOSE: CMV) has explained the fluctuation in business results in QIII/2011 compared to QIII/2010, according to the QIII/2011 financial statements (Not audited, not consolidated):

- Revenue in QIII/2011 was VND1,029,665,220,830 increasing 20.45% compared to the QIII/2010 revenue of VND854,843,536,212, because the following reasons:

- The strong increase in sales of grocery industry in general thanks to the development of market share in Bac Lieu, Kien Giang, and Soc Trang

- Prices of goods distributed by CAMEX continued increasing during QIII/2011

+ Profit before tax in QIII/2011 gained VND7,829,864,842 against VND9,154,547,891 in QIII/2010, equivalent to a decrease of 14.47%, because:

+ Profit from petrol business decreased sharply because the discounts from importers to general agents went down

- Petrol price was adjusted down once in QIII/2011 (on 08/26/2011)

- The financial expense rose highly because bank interest expense was higher than QIII/2010.

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