HAGL Joint Stock Company announces the board resolution dated November 19, 2012:

Article 1: The Board of Directors of HAGL Joint Stock Company unanimously approved that HAGL will ask shareholders’ opinions by ballots about a private placement as follows:

- Number of shares expected to be issued: 68,000,000 shares

- Issue price (before dilution): VND23,000

- Total issue value: VND1,564,000,000,000.

- Purpose: to convert international bonds with total par value of US$75 million, which HAGL issued on May 20, 2011.

Article 2: The Board of Directors unanimously approved that HAGL will ask shareholders’ opinions by ballots about an additional issue to the existing shareholders:

- Number of shares expected to be issued: 107,474,210 shares

- Exercise ratio: 5:1

- Issue price: VND10,000/share

- Total issue value: VND1,074,742,100,000.

- Purpose: to invest in rubber projects, sugar projects and raise the group’s working capital.

Article 3: The Board of Directors unanimously allowed the Hoang Anh Gia Lai Rubber Joint Stock Company to issue VND2,000 billion bonds with rights to buy shares of Hoang Anh Gia Lai Rubber Joint Stock Company.