The Joint Stock Commercial Bank for Investment and Development of Vietnam –Nghe An Branch (BIDV Nghe An) would like to announce the auction of debts as follows:

1. Debt information:

- Debt holder: PetroVietnam - 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 July 04, 2019

- The total outstanding as of 10 January 2019: VND 62.144.138.188 (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 12 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: VND 62.144.138.188 (In words: Sixty two billion, one hundred and fourty four million, one hundred and thirty eight thousand, one hundred and eighty eight 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. Earnest money for auction

Auction participants have to place the earnest money no later than 03 (three) working days prior the auction day with an amount of VND 6.200.000.000 (In words: Six billion, two 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 of property viewing:

From the date of notification to 2 days prior the auction day (office hours) at Headoffice 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 auction methods:

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

2.5. Time and place of auction:

9:00 am, 03 February 2020 at Headoffice 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)