IDV: Board Resolution

On 17/04/2015, Vinh Phuc Infrastructure Development Joint Stock Company announced Board resolution as follows:

Article 1: Approve share issue to pay dividend in 2015 with rate of 50% of charter capital, in details:

- Type of shares:           Common share

- Par value:                   VND 10,000/ share

- Expected issue volume: 2,575,244 shares

- Total issue value:        VND 25,752,440,000

- Issue method:             Issue shares to pay dividend to existing shareholders

- Objects:                      Existing shareholders having their name in list of shareholders on record date

- Sources of issue:        Undistributed profit after tax

- Exercise rate:              100:50

- Time:                          From Quarter II/2015

Article 2: Treatment for fractional shares

Shares issued to existing shareholders would be rounded to unit digit. Fractional shares (if any) would be repurchased by the Company for treasury shares with price equaling to par value of VND 10,000/ share

Article 3: Additional listing and depository of issued shares

Number of issued shares would be additionally listed on Hanoi Stock Exchange and deposited in Vietnam Securities Depository right after finishing the share issue.

Article 4: Assign Management Board to deploy works relating to the share issue to pay dividend in 2015 in accordance with regulation of Law.

Article 5: This Board resolution comes into effect from the signing date.

HNX

>   HOM: Annual General Mandate 2015 (21/04/2015)

>   THB: Annual General Mandate 2015 (21/04/2015)

>   HAT: Annual General Mandate 2015 (21/04/2015)

>   CPC: Annual General Mandate 2015 (21/04/2015)

>   CMI: Change in the number of outstanding shares (21/04/2015)

>   CTB: Annual General Mandate 2015 (21/04/2015)

>   CPC: Board Resolution (21/04/2015)

>   ACB Securities Company Ltd: Management Changed (21/04/2015)

>   VNT: Annual General Mandate 2015 (21/04/2015)

>   VNC: Board Resolution (21/04/2015)