LAF: Board Resolution _ Feb 20

Long An Food Processing Export Joint Stock Company announced the resolution of the BOD as follows:

I.        The Board of Directors approved business result in 2013 and business plan for 2014 as follows:

Business result in 2013:

1.       Purchasing:                                     VND355.61 billion

2.       Production:

Processing capacity:                       11,209 tons

Processing value added products:     120 tons

Peanut:                                           17 tons

3.       Import-export turnover:                      USD29.47 million

Export turnover:                                USD24.23 million

Import turnover:                                 USD5.24 million

4.       Net revenue:                                     VND537.58billion

5.       Profit before tax:                                VND42.82 billion

6.       Equity capital of the company until December 31, 2013: VND115.53 billion

Business plan for 2014:

1.       Purchasing:                                     VND718.96 billion

2.       Production:

Processing capacity:                                    14,126 tons

Processing business cashew nuts:                2,670 tons

Processing salted cashew nuts:                    548 tons

3.       Import-export turnover:                                  USD47.74 million

Export turnover from cashew nuts:     USD37.60 million

Export turnover from value added products: USD2.45 million

Import turnover from cashew nuts:     USD7.69 million

4.       Sales:                                                         VND913.61billion

5.       Profit before tax:                                          VND35.83billion

6.       Profit distribution:

-          Profit before tax:                                    VND35.83 billion

-          Plan for profit distribution will be approved in the AGM 2015.

7.       Investment plan for fix assets, equipments in 2013: VND18.69 billion

II.                  The Board of Directors report on result of construction and purchase of equipments in 2013 and plan for construction and purchase of equipments in 2014:

Implement in 2013:                                                   VND13.55billion

Continues in 2014:                                                   VND1.91 billion

Plan for 214:                                                                        VND9.18 billion

-          Workshop of processing value added products:     VND2.00 billion

-          Long An cashew nuts company:                          VND7.18 billion

III.                The Board of Directors approved reports:

-          Result of construction and purchase of equipments in 2013 and plan for construction and purchase of equipments in 2014:

-          The profit distribution plan in 2013, 2014

-          Amending the articles of association in 2013

-          Choosing an auditing firm

-          Approval for remuneration of the Board of Directors, the Board of Supervisors in 2013.

-          Electing the BOD Chairman concurrently as CEO

IV.                The Board of Directors approved to issue governance regulations:

V.                  The Board of Directors approved 06 members of the BOD

VI.                The Board of Directors approved salary of Chairman of the BOD

HOSE

>   HCM: Board Resolution _ Feb 21 (24/02/2014)

>   FDG: The Power of Attorney (24/02/2014)

>   CTI: Change of the authorized information disclosure staff (24/02/2014)

>   VNM: Information disclosure of the dissolution of subsidiary (24/02/2014)

>   VAT: Change in the BOD (24/02/2014)

>   VTF: Board Resolution (24/02/2014)

>   DST: Annual Corporate Governance Report 2013 (24/02/2014)

>   EBS: Transaction of treasury share (24/02/2014)

>   NBB: Explanation for consolidatedbusiness result in Q4, 2013 (24/02/2014)

>   PVD: Explanation for parent company and consolidatedbusiness result in Q4, 2013 (24/02/2014)