PVD: Board Resolution plan for 2015 dividend payment

Petrovietnam Drilling & Well Service Corporation announced Board Resolution approved plan for 2015 dividend paymentas follows:

-         Stock name: Petrovietnam Drilling & Well Service Corporation

-         Stock type: common share

-         Par value: 10,000 dongs/share

-         Total number of share issued: 348,466,259 shares

-         Number of outstanding shares: 348,050,259 shares

-         Number of treasury shares:  416,000 shares

-         Number of shares expected to be issued: 34,805,025 shares

-         Total value of shares expected to be issued (on par value): VND348,050,250,000

-         Exercise ratio: 10%

-         Estimated time of implementation: from October 17, 2016 to November 30, 2016

-         Plan to deal with fractional shares: The distributed shares will be rounded down. The fractional shares will be cancelled.

-         For example, if shareholder A owns 106 shares at the record date, he will receive 10 new shares. The fractional part ( 0.6 share) will be cancelled.

HOSE

>   C47: Record date for issuing rights, bonus shares & paying dividend (20/10/2016)

>   TCM: The record date the 2015 remaining dividend (21/10/2016)

>   SBA: Resolution plan for 2015 dividend payment (21/10/2016)

>   CSV: The record date for the first cash dividend payment 2016 (24/10/2016)

>   HAP: Result of stock dividend payment (31/10/2016)

>   BID: Resolution on the cash dividend payment for 2015 (25/10/2016)

>   CSM: Resolution on the cash dividend payment for 2016 (25/10/2016)

>   TS4: Adjustment to the payment date for other shareholders (25/10/2016)

>   ADS: The record date for stock dividend payment 2015 (26/10/2016)

>   SBA: The record date for first cash dividend payment 2015 (26/10/2016)