POT: Explanation for audit opinion in the reviewed semi-annual FS year 2013

Post and Telecommunication Equipment JSC explained the audit opinion in the reviewed semi-annual FS year 2013 as follows:

So far, Viet-Laos copper cable venture company has postponed its production and business activities due to market affects in general, thus the venture only had unaudited financial statement in Quarter II/2013. In the reviewed semi-annual FS year 2013 of Holding Company (POSTEF) included the operation results of the Viet Laos copper cable venture company.

At present, Post and Telecommunication Equipment JSC is still cooperating with VNPT to withdraw capital of the company and VNPT from Viet-Laos copper cable Venture Company.

From the beginning of 2013 to now, Viet-Laos Company has not arisen expense. The cost for maintaining the operation of Viet-Laos copper cable venture company during the time of capital withdraw is contributed by VNPT and Postef.

HNX

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