SAM: Board Resolution – Apr 21

Sacom Development and Investment Corporation (SACOM) announced the resolution of the Board of Directors dated April 21, 2014:

-  The Board of Directors approved the 2014 income statement of the parent company and consolidated business results:

Unit: VND bil

Item	2014 Plan	Implementation Quarter 1.2014	Implementation in 2014
			% compared to plan (%)	% compared to 2013 (%)
Revenue	1,243.00	270.51	21.76	122.67
+ Wire and cable	1,050.00	249.75	23.79	121.01
+ Real estate	155.38	18.26	11.75	242.82
+ Financial investment	37.62	2.50	6.65	37.76
Profit	135.00	10.02	7.42	28.02
+ Wire and cable	80.00	5.00	6.25	31.85
+ Real estate	6.42	0.02	0.31
+ Financial investment	48.58	5.00	10.29	22.36

-  Human resource structure in 2014 -2015: approved the suggest of the board of management. Authorized CEO to set up policies for quarterly and yearly assessment.

-  The Board of Directors unanimously approved the balances of wage fund, remuneration which had been approved by the 2014 annual general meeting:

-  The wage fund: VND7.700 billion

-  The remuneration for the Board of Directors and the Board of Supervisors: VND1.617 billion.

-  Giai Viet project: approved to disburse fund in accordance with the capital contribution ratio  right after apartments are sold out to support Samland to have fund for reinvestment

HOSE

>   CKV: Extraordinary General Mandate (24/04/2014)

>   VE3: Annual General Mandate 2014 (24/04/2014)

>   HDA: Annual General Mandate 2014 (24/04/2014)

>   HHG: Annual General Mandate 2014 (24/04/2014)

>   HBE: Time and Place of Second Annual General Mandate 2014 (24/04/2014)

>   L61: Annual General Mandate 2014 (24/04/2014)

>   NDX: Board Resolution (24/04/2014)

>   HAT: Annual General Mandate 2014 (24/04/2014)

>   HBE: Explanation for difference of figures in Quarter 4/2013 before and after audit (24/04/2014)

>   KHL: Board Resolution (24/04/2014)