NBB: Explanation for consolidatedbusiness result in Q4, 2013

577 Investment Corporationexplained business result in Q4/2013 compared to Q4/2012 as follows:

Profit after tax in Q4/2013 was VND15,611,389,614, decreasing by 94% compared to Q4/2012 because:

-          Revenue in Q4/2013 was VND64,055,304,665, decreasing by 92% compared to Q4/2012 because company applied new accounting policies from 2012. Therefore, company recorded partial revenue from Carina Project, the remaining is recorded from transfer of land use right ofBac Lieu Project which had low revenue.

-          Other projects has not completed so that revenue and profit was not recorded.

-          Company had financial revenue from transfer of capital in Q4/2012.

HOSE

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

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