Resolution about keep implementing plans of issuing share dividends for year 2015

• Organization name: Ba Ria-Vung Tau house development joint stock company

• Security Symbol: HDC

• Address: 3rd floor, HODECO Plaza, 36 Nguyen Thai Hoc Street, Ward 7, Vung Tau City

  - Telephone: 0643 856 274 Fax: 0643 856 205

• Submitted by: Doan Huu Thuan

• Address: 110/12 Pham Hong Thai, Ward 7, Vung Tau City

- Phone (mobie, office): 0643 856 274 Fax: 0643 856 205

Information disclosure type: 24 hours Irregular On demand Periodic

Content of Information disclosure (*): Resolution about keep implementing plans of issuing share dividends for year 2015

This information was disclosed on Company's Potral on date 28/01/2016, Available at: http://www.hodeco.vn Shareholders  Information disclosure  Resolution about keep implementing plans of issuing share dividends for year 2015.

I declare that all information provided in this paper is true and correct, I shall be legally responsible for any mispresentation.

About keep implementing plans of issuing share dividends for year 2015

• Pursuant to the Enterprise Law No. 68/2014/QH13 was passed by Congress of Socialist Republic of Vietnam on 26/11/2014.

• Pursuant to company's charter;

• Pursuant to resolution of shareholder annual meeting for year 2016 in Hodeco on 16/4/2016.

• Pursuant to minutes of BOD's meeting on 09/05/2016/

• Pursuant to business performance of Hodeco.

1. Share name: Ba RiaVung Tau House DevelopmentJsc.

2. Share type: common stocks

3. Facevalue: 10,000 vnd/ share.

4. Total issued shares:41,113,199.

5. Total outstanding shares: 39,657,276

6. Treasury shares: 1,455,923

7. Shares issuance plan: 3,965,727

8. Total value based on face value: 39.657.270.000 vnd

9. Issuance percentage: (share issuance plan/ outstanding shares): 10%

10. Capital: retained earnings up to 30/06/2016.

11. Issuance date: quarter IV year 2016.

12. Plan for solving odd shares: number of share dividend for year 2015 is rounded down. Fractional parts (if any) will be repurchased by company to supplement treasury shares with face value of VND 10,000/ shares.

30.2 new shares. Due to rounding down, the shareholder A will receive 30 new shares and an amount of cash: 0.2x 10,000= 2,000vnd.

This resolution is effective from signing date.