Issuer

:

Tasco Joint Stock Company (HUT)

Name of bond

:

Tasco Joint Stock Company Convertible Bond

Type of bond

:

Convertible bond

Bond code

:

HUT-CB2013

Bond form

:

Book entry

Issuing method

:

Private placements via a registrar

Eligible buyers

:

- Individuals or institutions are in the selection list for eligible buyers based on the following criteria

- Domestic institution, individual have the financial potential, priority for individual or institution who already bought convertible of the Company

Handling of unsold bonds

BOD are entitled to sell unsold bonds to other buyers being Domestic institution, individual as long as total number buyers of HUT-CB2013 are less than 100.

Total value of the issuance

:

Maximum is VND 100,000,000,000

Currency

:

Dongs (VND)

Par value

:

VND 1,000,000/bond

Number of bonds to be issued

:

Maximum is 100,000 bonds

Issuing value

:

100% of par value

Minimum purchase volume of each investor

:

300 bonds

Bond interest

Fixed interest for first year: 15%

Interest for second year : interest of 12-month term individual deposit of BIDV paid at the end of the period determined at the first year of the bond term plus 5%.

Issuing period

:

In QIV.2013

Term of bond

:

24 months after the finishing date of the issuance

Finishing date of the issuance

:

the last day that investors pay for the bonds according to the regulations at the bond issuing announcement

Maturity date

:

24 months after the finishing date of the issuance

Deadline for conversion

:

Within 10 working days  after the maturity date

Time to register for the conversion

:

7 working days before the maturity date

Time to finish the registration for the conversion

:

02  working days before the maturity date

Location of the registration for the conversion

:

Head office of Tasco JSC

Time to start  the conversion

:

The first working days after the maturity date

Time to finish the conversion

:

Within 10 working  days after the maturity date

Conversion rights

:

Conversion rights belong to bondholders. Bondholders have right to convert or to not convert the  principal amount of purchase bond

Conversion price

:

VND 10,000/share

Conversion rate

:

1:100 (1 bond is converted into 100 shares of Tasco JSC (stock code: HUT))

Purpose of the issue

:

- Invest in the construction project on expanding the National Highway 1 (Km579+549-Km605+000 and Km617+000-Km641+000) in Quang Binh Province in the form of BOT contract (“BOT project National Highway 1A”), the amount is VND 80,000,000,000

- supplement to the working  capital, the amount is VND 20,000,000,000

Expected use of proceeds

BOT contract (“BOT project National Highway 1A”): VND 80,000,000,000

- supplement to the working  capital, the amount is VND 20,000,000,000

Interest and principal payment

Principal is paid once on maturity date when bond holders do not convert bonds.

Interest is paid twice at end of 12-month period after finishing the issue

Resources for Interest and principal payment

-          Company’s revenue

-          Fees from fee collection BOT stations of projects

-          Other resources

On conversion date, if bond holders agree to convert bonds, the Company will not have to pay the principal but issue a corresponding number of shares for the conversion, which means bondholders wil l become shareholders of the Coompany. If bond holders don’t agree to convert bonds, the Company will pay the principal.

Issue shares for the conversion (if any)

On conversion date, the Company will  issue a corresponding number of shares for the conversion. These new shares will be deposted at VSD and listed on HNX.

Registrar

VietinBankSc

Issue place

Head office of Tasco JSC

Place of payment

Head office of Tasco JSC

Payment preference

Before the conversion date, in case of compulsory payment, bonds are paid after the Company’s liabilities including tax, payables to the State, payables to the workers, long –term and short-term liabilities, but before dividends and shares of all type.

Bond transfer

Bond holders are not allowed to transfer bonds within 01 year since the finishing date of the issue, except the gift or transfer between professional investors.

Rights of bond holders

-          Receiving interest and principal or convert bonds when due

-          Bondholders are entitled to transfer, give, inherit bonds as regulated by law

-          Other rights as stipulated by law

Bond purchase method

1. In case of account transfer, investors pay 100% of bond value to the account of Tasco :

Account owner: Tasco JSC

Account number: 21310000172478

At: BIDV Branch – south of Hanoi

Content: Pay for the purchase of ….bonds of HUT-CB 2013

2. In case of payment in cash, investors pay 100% of bond value at:

Finance and Accounting Department of Tasco JSC, Floor 4, M5 building, 91 Nguyen Chi Thanh, Hanoi

Content: Pay for the purchase of ….bonds of HUT-CB 2013

3. Bond transfer: the Company will Bond holding Certificate to bondholders within 30 days since the finishing date of the issue.