GSP: Board Resolution April 17

International Gas Product Shipping Joint Stock Company announced the resolution of the Board of Directors dated April 17, 2013 as follows:

Article 1: The Board of Directors approved contents:

1.       The Board of Directors approved plan for profit distribution in 2012:

                                                                                                            Unit: VND

No.	Item	Amount	Note
1	Profit after tax according the audited financial statements	16,815,853,296
2	Distribution profit in 2012	16,815,853,296
2.1	Reverse financial fund	840,792,665	5%  of profit after tax
2.2	Investment & development funds	1,681,585,329	10% of profit after tax
2.3	Bonus & welfare funds	840,792,665	5% of profit after tax
2.4	Dividend	13,452,682,637	26.91% of charter capital

2.       The Board of Directors approved to increase charter capital of Nhat Viet Transport joint Stock Company by 50 billion dongs to buy one LPG ship in which Gas Shipping will contribute 25.50 billion dongs or 51% charter capital. Source: from Gas Shipping’s equity.

3.       The Board of Directors approved Nhat Viet Transport joint Stock Company to invest one LPG ship with total value of investment: estimated 210 billion dongs.

4.       The Board of Directors approved to delay paying 2012 dividend by 13,452,682,637 dongs in one year to working capital.

Article 2: This resolution takes effect as from date signing and places the Board Resolution No. 04/NQ-VTSPK-HDQT dated April 15, 2013.

HOSE

>   KSA: Board Resolution No.10 & 11 (23/04/2013)

>   L61: Change in BOD (23/04/2013)

>   SJC: General Mandate 2013 (23/04/2013)

>   SPP: General Mandate 2013 (23/04/2013)

>   TDN: General Mandate 2013 (23/04/2013)

>   TV3: General Mandate 2013 (23/04/2013)

>   STC: Board Resolution (23/04/2013)

>   TAG: Change in certifiate of business and registration (22/04/2013)

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>   KHP: Board Resolution (22/04/2013)