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VIC - NON RATED - 2012 targets in hand - AGM Note

The AGM on 25 April 2012 set targets including a revenue of VND12,364 billion and a net profit after tax of VND3,055 billion. Specifically, the revenue target represents an increase of 258% over pro-forma results of the combined Vincom and Vinpearl in 2011. The majority of the target will come from the recognition of Vincom Village project.