Earning releases FY2011 H1

First- half- revenue reached approximately VND 12,190 billion, a 22% increase from the same period of theprior year. Profit-before-tax increased by 11% to VND 1,204 billion, when compared with the prior year period. Profit-after-tax of parent company and diluted earnings per share for the first six months were VND 712 billion andVND 3,682 per share, respectively.

Since being restructured, FPT has quickly implemented its OneFPT strategy, reviewing and adjusting growth ratefrom 20% to 30% for 2011. For the first half ended June 30,2011, FPT has completed 46% of revenue and profit plan forthe full year.

Software development,telecommunication and training grew steadily. Other businesses gained optimistic results and almost have completed the H1 plan.

FPT Telecom earned VND 1,556 billionin revenue, growing 35% compared with the same period last year, completing 49%for the full year. Profit-before-tax was VND 382 billion, completing 49% of plan.

In system integration, software development and IT services, FPT Information System (FPT IS) revenue for thefirst half year grew 16% when compared with the prior year period to earn VND1,610 billion. Completion rate was 38% and profit-before-tax was more than VND 201 billion.

FPT Software’s revenue and profit-before-tax were VND 586 billion and VND 157 billion, which represented increases of 28% and 22%, completing 45% and 53% of plan for the full year, respectively.

In distribution and manufacture of technology products, FPT Trading reported record revenue of VND 8,118 billion,an increase of 20% from the same period of the prior year, completing 47% ofplan. Profit-before-tax were VND 279 billion, surpassing 107% of plan for the first half year and completed 52% for the full year.

FPT Education grew sustainably. It is building more facilities in Hoa Lac Hi-tech Park in Hanoi and Da Nang.

FPT expects high growth rate reported at the end of 2011 based on the first half year achievements and its OneFPT strategy being implemented.