Announcement on public share issue of Dai Chau Group Joint Stock Company

ANNOUNCEMENT OF ISSUING SHARES TO PUBLIC IN 2010

 ( Certificate of issuing shares No. 754/UBCK-GCN approved State Securities Commission on 07/12/2010 )

Name of issuer: Dai Chau joint stock company.

Headquarter: Group 23, Section 4, Nhat Tan Ward, Tay Ho District, Ha Noi City

Phone number: (84.4) 37194353

Fax: (84. 4) 37183635

Website:  www.daichau.vn

1.     Issuing additional shares to public

-          Name of share: Share of Dai Chau Group Joint Stock Company

-          Type of shares: common share

-          Ticker: DCS

-          Par value: 10,000 Vietnamese dong

-          Number of share offered :17,124,722 shares including:

+         T o existing shareholders: 16 , 374 , 977 shares with exercise rate of 1:1

+         T o employees: 749 , 745 shares

2.      Total par value of share offered:  171,247,220,000 dong (one hundred and seventy-one billion, two hundred and forty-seven million, two hundred and twenty two thousand dong)

3.      Purpose of issuing:

a.       Capital contribution to the Complex in group 2, Phu Thuong Ward, Tay Ho District, Ha Noi (Phu Thuong Project): 100 billion Vietnamese dong.

b.      I ncremental working capital: 71,247,220,000 dong

4.      Offering price:

-          To existing shareholders: 10,000 dong/share

-          To employees: 10,000 dong/share

5.      C losing date for eligible shareholders: 28/12/2010

6.      Share allocation:

-          Allocate to existing shareholders by right exercise ratio 1:1. On the closing date for eligible shareholders: 1 (one) right can buy 1 (one) share, every 01 (one) right can buy 1 (one) more additional shares issued

-          Rounding and odd-lot processing plan: Shares issued to existing shareholders will be rounded down to the unit. Odd-lot shares will be distributed to another shareholders by Board of Directors in the manner and conditions consistent with the price no less than the selling price for existing shareholders (10,000 VND/share)

E.g. Investor B owns 10 , 000 rights, equivalent of the rights to buy 10 , 000 new shares at 10 , 000 VND/share.

-          Right transfer rule: Existing shareholders ha ve the right s to transfer the ir right s only one time, not later than 2 days before share payment closing date. The buyer cannot transfer rights to third parties.

-          Allocate to employees: The criteria and list of eligible employess will be approved by Board of Directors. The total number of shares issued to employees is equivalent to 4,58% outstanding shares.

7. Schedule for purchase registration:

-          Schedule for purchase registration and share payment for existing shareholders: from 17/01/2011 to 18/02/2011 (schedule for rights transfer from 17/01/2011 to 16/02/2011)

-          Schedule for purchase registration and share payment for employees: from 17/01/2011 to 18/02/2011 (schedule for rights transfer from 17/01/2011 to 16/02/2011)

8. Location:

-          Existing shareholders register for share purchase and pay for shares at securities firms where shareholders open their account

-          Exercise rights and pay directly at HQ of the Company in the mentioned schedule and provide your ID when doing so

-          Credit cash into the block account of the company.

-          Cash deposit content: Cash payment for ..........( number of shares) of additional shares issued ................. (name of shareholders), ID number...................date..............place of approval............

9. Information on blocked account used for share payment

-          Account owner: Dai Chau joint stock company

-          Account number:   102010000888646

-          At Vietcombank – Quang Minh branch – Me Linh – Ha Noi

10. Advisory institution: Saigon Securities Incorporation (SSI)
11. Place to obtain Prospectus:
- Dai Chau Joint stock company
Website: Website:daichau.vn
- Saigon Securities Incorporation
Website:  www.ssi.com.vn