PNC: Explanation for the unadjusted title of Ms. PhanThi Le

Phuong Nam Cultural Joint Stock Corporation explained the unadjusted title of Ms. PhanThi Le from CEO to Chairman of the BOD as follows:

-         According to Department of Planning and Investment regulation, registration time to change business content is not more than 10 days from the date of completing resolution ofadjusted content. Company implemented immediately the title adjustment of Ms. PhanThi Le after receiving the resolution of shareholder meeting on April 26, 2013.Company was guided to ask for overseas investment certificate because PNC is the foreign investment company.

-         Registration time to change business content has expired because company met many obstacles when asking for overseas investment certificate.

HOSE

>   VHL: Result of transaction of institution (SSI Fund Management Company Limited)) (26/12/2013)

>   VE9: Board Resolution (26/12/2013)

>   PGD: Notice of the 1st extraordinary shareholders’ meeting of 2013 (26/12/2013)

>   D2D: Board Resolution – Dec 25 (26/12/2013)

>   HOSE: Disconnect online trading and stop providing information to VQSC (26/12/2013)

>   DXG: Strategic shareholders list approved (26/12/2013)

>   API: Investment in associated company (25/12/2013)

>   BBS: Change in human resource (25/12/2013)

>   HDA: Board Resolution (25/12/2013)

>   DBT: Result of the tender offer (25/12/2013)