Additional information about the issuance of convertible bond

Hoa Phat Group Joint Stock Company has just sent the Dispatch No. 03-06/CV-HP to the  State Securities Commission and Ho Chi Minh City Securities Exchange on adding information of convertible bond issuance, with a total value of VND 1120 billion in the form of individual release in 2009, as follows:

- Conversion Price: the conversion price is VND 56,000 per share (rounded up 2 VND), determined by discounting 19.85% of the average closing price of 15 trading days prior to November 18th 2009 was 69,867 Dong per share. 

- Terms of anti-dilution: The Resolution of Shareholders Meeting No. 01/NQ- ĐHĐCĐ.2010, March 30th 2010 approved the dividend plan in 2009 with the rate of 50%. For ensuring the contrary right to the interests, the conversion price will be correlatively adjusted to release the above rate. Specifically, after issuing shares to pay dividend in the proportion of 50%, the conversion price will be adjusted to 37,333 Dong per share.

- Total of issuing correlative shares is based on the respective conversion price (if any): 30,000,267 shares (equivalent to 10.2% of charter capital).

HPG