PET: Explanation for business results of parent company in quarter 2.2012

Petrovietnam General Service Joint Stock Corporation (PETROSETCO) has explained business results of parent company in quarter 2.2012 compared to in quarter 2.2011 as follows:

-         Revenue in quarter2.2012 was 389 billion dongs and increased 38% compared to in  quarter 2.

-         Profit after tax of parent company in Quarter 2/2012 decreased 20 billion (40%) compared to in Quarter 2/2011.

-         In late 2011, PSD - a subsidiary of PETROSETCO was transformed into a joint stock company. Therefore, profit from PSD was not booked in interim periods in the holding company but only recorded by the end of the year.

HOSE

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>   HJS: Explanation for change in profit after tax in Quarter 3/2012 (29/11/2012)

>   OCH: Explanation for change in operating result in Quarter III/2012 (29/11/2012)

>   TKU: Explanation for change in operating result in Quarter III/2012 (29/11/2012)

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>   VCG: Explanation for change in profit after tax in Quarter 3/2012 (29/11/2012)