PAN: Result of public tender offer for NSC shares

1)      Bidder: The PAN Group Joint Stock Company

2)      Target company: National Seed Joint Stock Company (NSC)

3)      Number of shares owned by PAN before trading: 9,614,243 shares (62.88% of total outstanding shares of NSC)

4)      Number of shares expected for purchase: 1,857,007 shares (12.15% of total outstanding shares of NSC)

5)      Number of shares purchased: 1,857,007 shares

6)      Number of NSC shares owned by PAN after trading: 11,471,250 shares (75.03% of total outstanding shares of NSC)

HOSE

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