On June 11, 2012, the Hochiminh Stock Exchange issued Announcement No.701/2012/TB-SGDHCM on the record date for the first dividend payment of 2012 in cash & consulting shareholders of Viet Nam Dairy Products Joint Stock Company:

- Stock symbol : VNM

- Stock type : Common stock

- Par value : VND10,000

- Ex-right date : August 21, 2012

- Record date : August 23, 2012

- Purpose: to pay cash dividends of the year 2012and consult shareholders in writing.

Paying cash dividends of the year 2012:

- Pay-out ratio: 20%/par value (VND2,000/share)

- Payment date: September 06, 2012

Place of payment:

- Shareholders whose shares have been deposited: at the securities firms where the shares have been deposited.

- Shareholders whose shares have not been deposited: shareholders will receive dividend at

- Ha Noi: BIDV Securities Joint Stock Company

- Floor 1, BIDV town, 35 Hang Voi, Hoan Kiem, Ha Noi city.

- Tel: (+84-4) 39352722 (Ext: 123,133) Fax: (84-4) 22200675

- Hochiminh city: Branch of BIDV Securities Joint Stock Company

- Floor 9, 146 Nguyen Cong Tru, District 1, HCMC.

- Tel: (+84-8) 38218879/509/886 Fax: (+84-8) 38218510

- Please submit ID card and Shareholder certificates or the legal authorized letters on receipt of dividend.

Consulting shareholders in writing about issuing bonus shares:

- Exercise ratio: 2:1 (each shareholder owning 02 shares at the record date will receive 01 bonus share).

- The number of bonus shares will be rounded down. The fractional parts will be cancelled.

- Bonus shares: transferable.

- Rights to bonus shares: not transferable

- Financial resource: investment & development fund, retained earnings.

- Total current shares: 556,114,754 shares

- Bonus shares expected to be issued: a maximum of 278,057,377 shares.

- Issue time: in December 2012 or January 2013, after receiving an approval from the State Securities Commission and the Hochiminh Stock Exchange.

- VNM will consult shareholders to authorize the Board of Directors to choose a record date for bonus issue, an issie plan and to fulfill procedures and list new shares.

- VNM will consult shareholders to increase VNM’s capital to match with the bonus shares and to authorize the Chairwoman of the Board of Management to implement the registration of the increased Charter capital with the competent authorities not later than December 31, 2013.