PNC: Information disclosure violation

Violation of information disclosure requirement of the insider trading in Phuong Nam Cultural JSC (HOSE: PNC) as follows:

The Caravel Fund (International) LTD - major shareholder sold 80,000 shares from September 29, 2011 to October 11, 2011 announcing the information tardily.

HOSE

>   NTB: Mr. Quang transaction results (25/10/2011)

>   MBB: Announcement of the first trading date (25/10/2011)

>   LTC: Mr. Tan registered to buy 20,000 shares (25/10/2011)

>   PXL: Mr. Binh transaction results (21/10/2011)

>   DBT: Ms. Phuong registered to sell 5,000 shares (21/10/2011)

>   CSG: Transaction of affiliated institution (20/10/2011)

>   KSA: Shareholder ownership changes (20/10/2011)

>   PAC: Trading result of major shareholder (20/10/2011)

>   TNT: Trading result of major shareholder (20/10/2011)

>   TNA: Transaction of inside shareholder (25/10/2011)