Joint Stock Commercial Bank for Investment and Development of Vietnam –Nghe An Branch (BIDV Nghe An) hereby announces the auction of the debt with the following details:

1. Information of the debt:

- Customer name: Petro Vietnam - Nghe An Investment and Trading Joint Stock Company (PVIT)

- Address:  23 - 24 Floor, Petro - Nghe An Building, No. 7 Quang Trung Street -Vinh City - Nghe An Province

- Legal Representative: Mr. Tran Luong Son - General Director

- Business Registration Certification no. 2900872462 issued by Nghe An Authority For Planning and Investment, fifteenth amendment on 04th July 2019

- The total outstanding as of 10th January 2019: VND 55.929.724.370 (In words: Sixty two billion, one hundred and fourty four million, one hundred and thirty eight thousand, one hundred and eighty eight Vietnamese dong)

- Collateral: Petro - Nghe An  Building according to the mortgage agreement No. 01/2011/BIDV-PVFC on 12nd November 2011 between Petro Vietnam - Nghe An Investment and Trading Joint Stock Company (PVIT) and PVFC Thanh Hoa (PVCombank in present) (Collateral in BIDV Nghe An is offices for rent occupying 8 floors of the building, from 15th floor to 22nd floor, area 733m2/floor)

2. Auction information:

2.1. Reserve price

Reserve price: VND 55,929,724,370 (In words: Fifty five billion, nine hundred twenty nine million, seven hundred and twenty four thousand, three hundred and seventy Vietnamese dong)

The reserve price does not include other costs associated with the transfer process. All costs related to the process of ownership transfer assets such as taxes, fees, charges, etc (if any) shall be borne by the purchaser. The process of transferring the debt is VAT non - taxable object.

2.2. Deposit

Auction participants have to place deposit no later than 03 (three) working days prior the auction day with an amount of VND 5,500,000,000 (In words: Fifty five hundred million Vietnamese dong)

Auction participants transfer the deposit to the account of National Auction Partnerships Company according to the information below:

- Account name: National Auction Partnerships Company

- Account number: 427.10.00639939.9 at Joint Stock Commercial Bank For Investment and Development of Vietnam - Quang Minh Branch

2.3. Time and place for reviewing assets:

From the date of notification to 2 days prior the auction day (during office hours) at Head office of National Auction Partnerships Company, Address: No. 71, Lane 125, Tan Xuan Street, Tan Xuan 1 Quarter, Xuan Dinh Ward, Bac Tu Liem District, Hanoi or Headoffice of Joint Stock Commercial Bank For Investment and Development of Vietnam - Nghe An Branch, Address: BIDV Nghe An Building – VI.I.Lenin Avenue – Hung Dung ward - Vinh City - Nghe An Province.

2.4. Auction forms and methods:

Direct auction by secret ballot at the auction with ascending price method.

2.5. Time and place of the auction:

9:00 am, 03rd February 2020 at Head office of National Auction Partnerships Company, Address: No. 71, Lane 125, Tan Xuan Street, Tan Xuan 1 Quarter, Xuan Dinh Ward, Bac Tu Liem District, Hanoi

3. Contact information

- National Auction Partnerships Company, Address: No. 71, Lane 125, Tan Xuan Street, Tan Xuan 1 Quarter, Xuan Dinh Ward, Bac Tu Liem District, Hanoi (Contact: Mr. Nguyen Sinh Tu, Mobile: 0932.369.866)

- Joint Stock Commercial Bank For Investment and Development of Vietnam - Nghe An Branch, Address: BIDV Nghe An Building – VI.I.Lenin Avenue – Hung Dung ward - Vinh City - Nghe An Province (Contact: Mr. Nguyen Duy Chau, Mobile: 0989.794.763)