SCIC to sell 48,333,000 shares, equivalent to 3.33% of Vinamilk’s chartered capital, owned by State Capital Investment Corporation as a state ownership representative

Undertaking the Government’s instruction, State Capital Investment Corporation (SCIC), SCIC offers the sale of VNM’s shares under the following itinerary and principles:

(1) Number of shares offered: 48,333,000 shares, equivalent to 3.33% out of the outstanding 3.6% shares in the first offering in 2016.

(2) Timeline: In 2017; tentatively in early October 2017

(3) Targeted buyers: Foreign and local investors that are interested in in the offering and meet the relevant requirements.

(4) SCIC and Vinamilk will collaborate to introduce the opportunities to invest in Vinamilk’s shares to foreign and domestic investors.

(5) Details of offering plan (starting price, offering method...) will be announced on public media both locally and internationally by SCIC at the soonest possible.