FPT earned 1,087 billion dongs in the first six months

Following optimistic business results in the first five months, FPT’s performance remained good in June to finish the first half in success. The corporation’s profit reached 1 , 087 billion Dongs, increasing by 38 . 1% compared to the same period of 2009. The total revenue was received at approximately 9,978 billion Dongs, growing at 21 . 3% compared to last year and completing 104% as planned .

03/08/2010

The profit-after-tax of parent company increased by 50.2% to around 678.2 billion Dongs. The average earnings-per-share was approximately 3,544 Dongs, increasing by 48.2% in comparison with the same period of 2009. Accordingly, the Board of Directors decides to prepay in-cash dividend of the first six months to shareholders at the rate of 10% of the total shares (which is equal to 1,000 dongs/share) .

Finishing the first half of 2010, business lines including software, telecommunication, and IT services achieved good growth. Other lines also gained optimistic result and good completion rate.

Systems integration : in the first six months, the revenue of FPT Information System Corporation was approximately VND 1 , 391 billion, rising 14.7% compared to the same period of 2009; the profit-before-tax exceeded VND 211 billion, surpassing by 32.3%.

Software outsourcing : FPT Software earned 457 billion Dongs at the growth rate of 36% in comparison with the same period of 2009 with the profit of more than 129 billion Dongs, completing 105% of plan.

Telecommunication: the revenue of FPT Telecom reached more than 1,152 billion Dongs, increasing by 31.4% compared to the same period last year. The profit was VND 308 billion, completing 107% of plan.

Distribution: FPT Trading Group gained an impressive revenue of approximately VND 6,785 billion, surpassing by 25.4% in comparison with the same period last year. The profit-before-tax completed 209% as planned to reach VND 257 billion.

Training : the FPT University earned more than VND106 billion, increasing by 31% compared to the same period of 2009.

With such result, FPT believes in the probability to complete the 2010 profit plan despite the fact that the group would face with more obstacles forecasted in the last six months.

Remarkable events in FPT

I. BUSINESS ACTIVITIES

Developing Cloud-Computing technology in Vietna m

As of May 2010, FPT signed the cooperation agreement with Microsoft Vietnam and Trend Micro to promote the development of Cloud-computing in Vietnam. Accordingly, FPT is the first Vietnamese enterprise to cooperate with the world’s leading vendors in Cloud-computing, confirming the pioneer position of FPT in exploring new technologies .

In early June, FPT sent three staff to Taiwan to study Cloud-Computing. We expect to develop and implement the technology in July and August 2010 .

The project FPT City Da Nang received land and general design contract

On 21 April, FPT Da Nang Urban Joint Stock Company received the land handed-over for the first phase by the People’s Committee of Da Nang city. The handed land is 15 hectares in area, which is a part of the total projected area of 181 hectares. The land adheres the Phu My An residence to the north, the inter-commune road to the west and south and Co Vo river to the east with the total length of 200 meters. The general design is being completed. On May 13, the company signed the contract with Skidmore, Owings & Merrill (S.O.M) of the United States- one of the leading architecture companies in the world .

The FPT Da Nang building was inaugurated on 11 January 2010 in Massda Industrial Park in Da Nang. The five-storey-building built on an area of 1800 m2 is the working place of high standard and convenience for 1200 employees, which design is suitable with the requirements on high security and cost optimization of IT companies. FPT shall continue an investment of US$ 1 billion to build FPT City which covers an area of 181 hectares comprising a software park, FPT University and residential area .

Establishing Technology Research Institute

On 25th May, FPT Technology Research Institute was officially launched which is 100% financed by the FPT Corporation and directly managed by FPT University. It is expected that in 2010 the FPT Corporation will invest VND 3.5 billion in the operation of the Institute. The Institute will concentrate on information technology application, clean energy and energy saving, biotechnology and space technology. At present, the Institute has been conducting 10 R&D projects, two of which have been implemented, including the Fspace satellite and picture processing projects .

INFORMATION TECHNOLOGY AND TELECOMMUNICATION

1.1. FPT Information System

Signing the record ERP contract worth US$ 4.3 million

On 14th June, the ERP contract worth 4.3 million USD was signed by FPT Information System (FPT IS) and Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank). This is the largest ERP contract ever signed by a Vietnamese bank and the second largest ERP project in Vietnam which is preceded by the ERP Petrolimex project . Within eighteen months, FPT IS shall implement modern management systems for the bank in accordance with ERP model. The system comprises four modules for: internal financial management, HR and payroll management, banking-finance management and MIS. These modules are developed on the platform of Oracle’s ERP.

Being a public company

On 8 June, the State Securities Committee confirmed FPT Information Systems (FPT IS) Corporation’s registration as a public company . Accordingly, by eligimate registration profile FPT IS has put its name in the list of qualified public companies registered at the State Securities Committee. On the same day, the Investor relation tab on the official website of FPT IS was launched for informaton disclosure as a public company .

Opening representative offices in Laos and Cambodia.

The two representative offices of FPT IS Corporation in Cambodia and Laos were officially opened in Raffle Le Royal Hotel, Phnom Penh on 1 9 June and in Lao Plaza, Vientine on 25 May respectively. This event has extended the total number of countries FPT presents to 9.

Signing the first BPO contract with Japanese company

The BPO center of FPT IS signed a contract on providing BPO services with the ISC Group of Japan on 6 January. Accordingly, ISC shall outsource the accounting and finance jobs (AFO) to FPT IS-BPO within 6 months. To prepare human resource for the contract, FPT IS-BPO had sent its staff to Japan to study customer’s professional procedure. This is the first contract of FPT IS-BPO with a global client.

1.2. FPT Software

Launching the Notes Migration enterprise

On 14 April, the inauguration of Lotus Notes Application Migration enterprise of Global Notes Compete project was held in Hanoi. This is the first enterprise specializing in this business that Microsoft Services has cooperated with another partner in the world. The foundation of the enterprise plays an important role for FPT Software, which is the proof of a great leap regarding project scale and quality of FPT to move from simple retailer to solution provider with opportunities to win global-scale projects. Furthermore, FPT has once again confirmed the prestige that is recognized by Microsoft as one of reliable partners throughout the world.

Winning another million-dollar contract

On 13th May, FPT Software Da Nang finalized a contract with a Japanese customer on the project Looks-I worth about one million dollars. On the same day, the project Looks - ProC2C, a small part of the Looks-I which focuses on converting a software system for public/national libraries in Japan from ProC to Embedded C language for end-users reached CSS score of 100 (Customer Satisfaction Survey). The special feature of the project is to create a set of 9 automatic tools to improve productivity and save 80% of the workload of the entire project and bring the desired quality.

Restructuring FPT Software Hanoi

In January 2010, FPT Software Hanoi was restructured with the establishment of 4 member companies, including FPT Software Direct Marketing Solutions Co., Ltd – focusing on development of in-depth business with customers in Marketing and E-commerce sectors; FPT Software Research and Development Co., Ltd – focusing on development of business in-depth with customers in Embedded Software System sector; FPT Software Worldwide Co. Ltd – focusing on exploiting great potential of Outsourcing market using English and FPT Software Engineering Co. Ltd – focusing on development of in-depth business with big and potential customers in Japanese market

1.3. FPT Telecommunication Joint Stock Company

Opening branches in Tay Ninh and Phu Yen provinces

On 27th May, FPT Telecom South (under FPT Telecom) opened its branch in Tay Ninh Province. With almost 40 employees and functional departments and boards, Tay Ninh Branch of FPT Telecom will provide services such as bandwidth internet (ADSL), optical cable internet (FTTH) and on-demand television service (iTV). In the same month, FPT Telecom Centre opened a branch in Phu Yen Province. FPT Telecom has had 33 branches in 33 provinces so far, with new establishment of branches in 11 provinces in 2010 .

Restructuring FPT Telecom

The new organizational structure of FPT Telecom is divided into 4 groups: Business, finance, human resource, logistic; Technique, network, technology; Arterial road development ; Domestic and foreign partnership. The business group is further divided into 7 areas. Boards and centers under the 4 above-mentioned groups will get involved in managing all branches of FPT Telecom nationwide. FPT Telecom decided on restructuring with a motto: integrating regional companies and functional boards for the in-depth development of the company, developing it in its renovation culture in order to increase the competition of FPT Telecom, helping it overcome challenges and crises .

Unifying digital-content companies

FPT Telecom has completed its unification of digital-content companies, including FPT Visky, FPT Online and FPT Communication, into FPT Online (FPT Online Joint Stock Company). The products developed by the company will bear the common brand name of FPT.net .

1.4. FPT Trading Group

Launching multi-application mobile phone FPT F99

On 25th May, FPT officially introduced its series of multi-application mobile phone FPT F99 to the market. The mobile product has TFT 262K colored wide-screen with QWERTY keyboard and Track ball . The multi-applications mobile phone FPT F99 has two online Sims, with wi-fi, Bluetooth and GPRS support which enables users to stay connected anytime and anywhere. The special feature of this product is the FPT’s software with 20 applications and games available in the F-Store. Users of the FPT F99 can view thousands of copyrighted videos and songs at F-Store, while opening many applications such as YM, Facebook, Vitalk, Lunar & Solar Calendar, English-Vietnamese dictionary, film schedule, funny stories, weather forecast, etc. The product has three colors: black, white and red with a price of VND 1,890,000 .

Unifying production group of FPT Trading

On 1st April, Elead Co., Ltd , FPT Mobile Phone Distribution Co., Ltd. and- FPT Mobile Co., Ltd were unified into FPT Technology Products Co ., Ltd. The unification of the three companies would centralize the production systems of FPT Trading into a single point. At present, the unified company has a staff of more than 400 employees. The company will focus on producing FPT-brand name products to serve the ICT industry, including mobile phone, PCs, laptops, mobile phone spare parts, memory cards, USB, etc

FPT to distribute Cisco IronPort

FPT Distribution Company, a member of FPT Trading Group was announced authorized distributor of Cisco IronPort, the security product series by Cisco in Vietnam market .IronPort is the network security solution for enterprises featuring prevention of spam mail, virus , email encryption, web safety and other administration tools. The Cisco IronPort with C, S, X and M series is suitable for enterprises of all sizes ranging from small system to hundred thousands of users. Cisco IronPort is operated on the basis of Cisco platform with a centralized processing node that is responsive to all feedback from more than 100.000 systems being used around the world.

1.5. FPT University

Establishing the Finance and Banking Faculty

From the 2010 university entrance exam, FPT University will open the Finance – Banking faculty in addition to its current two faculties of IT and Business Administration. It is planed that in 2010, 500 students will be admitted to this brand new subject. The curriculum of the new subject will be developed in accordance with AACSB standard and programs of two famous finance and banking schools, namely Wharton ( America ) and Swiss Business School ( Switzerland ).

New establishment of college practice training types

FPT University has just been officially granted a certificate on practice college training registration No. 33/2010/GCN-DDKHDDDN dated 1st July 2010. Accordingly, FPT University will open its practice college training type, selecting students from 2010 with a target of 1,000 students for 2010. The University will organize training courses in Hanoi City and Ho Chi Minh City .

Actively complete infrastructure in Hoa Lac Hi-Tech Park

With a total area of 30ha, a project on constructing FPT University in Hoa Lac Hi-Tech Park has a total investment capital of VND 2,696 billion. At present, foundation of the three building has been completed, and the second floor is being constructed. Students are projected to be let study here in 2011. Under general design, FPT University will have 7 big construction areas, including lecture-hall and research area, students' dormitory, houses for experts and lecturers, administrative area, executive house; physical education area, laboratory and other constructions, parks and trees area.

1.6. FPT Service

FPT Services to introduce website

Official website of FPT Informatics Services Co., Ltd (FPT Services) has just been put into operation at www.fptservice.vn. Customers can search the status of their computers being sent for guarantee and repair at FPT Services, search information on electric guarantee of devices provided by FIS, FPT Distribution and enjoy facilities from online support. At fptservice.vn, information will be updated quickly, widely, adequately and exactly and be made available for all customers using guarantee and repair services of the company.

2. INVESTMENT :

FPT Securities’ Introduction of Exercising Shareholder Rights Online Service – EzRightExercise

On 5th July 2010, FPT Securities Joint Stock Company (FPTS) introduced its Exercising Shareholder Rights Online Service - EzRightExercise. EzRightExercise is a new feature integrated into EzTrade, the online securities trading service provided by FPT Securities, aimed at providing another tool for investors to track, manage and exercise the rights pertaining to their ownership.. EzT rade is a powerful online securities trading service highly appreciated by investors for many synchronous utilities. EzTrade has become a competitive edge for FPT Securities to attract investors. On average, FPTS activates 300 - 400 accounts for customers a week. By the end of the second quarter of 2010, FPTS will have had nearly 42,000 active accounts.

New establishment of Trading Floor by FPT

FPT Securities Joint Stock Company (FPTS) officially opened the Phan Dang Luu online trading floor at 24A Phan Dang Luu Street, Ward 6, Binh Thanh District, Ho Chi Minh City on May 4, 2010. This is the place to cooperate with TienPhong Bank. FPT Securities is now one of the leading securities companies regarding online trading in Vietnam securities market. By the end of first quarter of 2010, the company will have had 38,000 active accounts.

Supplementing order splitting function

On 29th March, FPTS announced its supplementation of order splitting function for securities orders in HOSE Floor through EzTrade service. The new facility of EzTrade helps reduce the time for order editing, increase order input speed and increase success probability of trading for customers .

Nationwide expansion of operation network by Ti e nPhong Bank

The most noticeable event is the establishment of Trading Department at No. 17 Ly Thuong Kiet (Hanoi) on 5th May 2010, followed by a series of other trading places opened in Hanoi and Ho Chi Minh City in order to affirm its commitment on bringing TPB’s products and services nearer to customers.

Introduction of “Smart Investment” product by TienPhong Bank

“Smart Investment” was implemented through new version of Internet Banking system. By using this product, investors who have accounts at TienPhongBank can transfer money quickly and freely to their accounts at FPTS. In addition, investors can also maximize profit in their money pending for investment with a lot of choices : transferring money to tiered interest account or to electronic saving account for flexible terms ranging from 1 week to 36 months.

Management of more than VND 5,000 billion by FPT Capital

To date, the FPT Corporation has managed a total amount of approximately VND 5,000 billion, 1,600 billion of which is from Vietnam-Japan Investment Fund and the rest is from domestic commissioned investors. As of May 2010, FPT Capital, on behalf of FPT Holding, invested 25% in the Vietnam - Australia I nternational E ducation JSC - the administrative agency of Vietnam – Australia International School – VAS. The event has realized the FPT’s development strategy that is to consider education an important sector beside traditional business lines of IT and telecommunication, aiming at bringing long term benefit for the community .

II. SOCIAL ACTIVITIES

Raising fund to construct bridge for Po Ko ethnic people

FPT and the VnExpress e-newspaper are organizing a program to raise money for constructing bridges for the Po Ko ethnic people. According to the plan, FPT and VnExpress will be the contractors of the project on Long Jon Bridge construction in Ngoc Hoi district, Kon Tum province, with a projected expenditure of VND 2 million. This will be a one-span suspension bridge with a length of 170 m, including a path of 1.2 m wide whose surface is made of ledger wood. Time for building the bridge will last for three months.

FPT granted Dioxin scholarships

On 30 May, FPT granted 100 scholarships worth VND 120 million to the Association of Vietnamese Dioxin-infected children in the art program “Chap Canh Uoc Mo” held by Vietnam Fund of Children Protection. This is the second time FPT granted the scholarship in order to support the disabled children and the Agent-Orange infected students and help them continue to go to school or learn occupations for the purpose of community integration. FPT commits to grant 100 scholarships annually in 3 years (2009 – 2011) at the beginning of school year to the disabled children and the Agent-Orange infected students in Quang Tri province.

FPT announced the day “For the Community” and committed to donate 1000 blood units.

FPT announced the 13th of March shall be the day “ For the Community” of the Group. Accordingly, on this day of every year, all FPT staff would organize and participate in the community-oriented activities. On the day “For the Community” this year, FPT launched the movement “FPT – a thousand hearts” in order to stimulate the responsibility of FPT staff to the society. This movement was started by walking together under the name “FPT – sharing blood of love ” in combination with Ho Chi Minh City Red Cross on March 13th, 2010 and committing to donate 1000 blood units from FPT community. Then, FPT in Da Nang and Can Tho also organized the launching ceremony on “donate blood and save lives” on 7 April and 13 April .

FPT Online sponsored VND 300 million to the charity fund

On 2nd April, at the announcement ceremony of “Sharing hands for the Community”, FPT Online Services Joint Stock Company (FPT Online for short) granted more than VND 300 million for the “For the poor” fund by the Vietnamese Fatherland Front.

FPT university announced 300 Nguy e n V a n Da o scholarship

On 9th March, FPT University awarded more than 300 full scholarships under the name of late professor, academician Nguyen Van Dao to the best students of 100 leading high schools across Vietnam in the 2010 university entrance exam. The Professor, Academician Nguyen Van Dao – former Director of Hanoi National University, President of consulting council of FPT University – has made great contribution to Vietnam’ education .

FPT University launched the “Breakfast to the poor” movement

FPT University has chosen the 13th day every month as the Day for the Community. On this day, 10,000 students and more than 300 staff of FPT University would not eat in the morning, whether at home or in other places and save the money to contribute to the Fund for the Community in order to support the poor. With the moderate expenditure of VND 5,000 for breakfast, 10,000 FPT students can contribute VND 50 million for the poor.

Hosting the Forum for the Community

In late July, the project “For the Community” by the FPT group will hold a meeting named “Forum for the Community” for groups and individuals taking part in social activities across the country. This activity is a part of the annual “Chim En Award 2010 ”. In the forum, participants will exchange information, share activities, train and build a Network for the Community across the country. The forum is planned to attract about 70 people, including 30 representatives from organizations and individuals selected to the 3rd round of Chim En Award 2010, together with some representatives from social groups across the country. The forum will be held in three days at Cong Doan Quang Ba Hotel (Hanoi). In the last evening of the forum, the Steering Committee will organize Chim En Award 2010 Ceremony to honor 5 typical organizations and 5 typical individuals in the program For the Community who are chosen out of 79 applicants. The activity has been held for the second year by FPT.

III. ACHIVEMENTS AND AWARDS

FPT won 5 ICT Cups and 2 Gold medals

Together with three member companies including FPT IS, FPT Software, FPT Elead and the International Programmer Training System - Aptech Vietnam (founded by FPT), the FPT Group was awarded five cups of the ICT Top 5 and 2 gold medals of Vietnam ICT 2010. This is the 8th consecutive year FPT has confirmed its leading position among ICT enterprises in the country who won the majority of honor awards under the largest exhibition on information technology and telecommunications held by Ho Chi Minh Computer Association (HCA). Five leading Cups won by FPT Company and its member companies include :

- 2010 TOP 5 ICT Vietnam: FPT Corporation

- TOP 5 leading Providers of Information Systems Integration: FPT Information System (FIS IS):

- 2010 TOP 5 Software Exporters: FPT Software.

- 2010 TOP 5 Vietnam Computer Brand Name: FPT Technology Products Co.Ltd (FPT Elead Computer)

- TOP Software Companies 2010: FPT Information System (F PT IS):

In addition, FPT also won 2 Gold medals for the Hardware Companies with highest revenue (FPT Technology Products Co.Ltd) and the Software Companies with highest revenue (FPT Software).

VnExpress continues to be the most favour i te news website

For three consecutive years, VnExpress.net has been voted the most favourite "Online news website" by PC World ’s reader . With nearly 30 million page views per day, fast assessing speed and increasingly improved content, VnExpress.net continues to be voted by readers as the most favourite online news website of the year According to PC World, the number of readers voting for this website has increases over the years.

FPT was rewarded 6 Vietnam ICT Awards

On March 20, FPT was rewarded 6 prizes of Vietnam ICT Awards 2009. In which, FPT Software won the prize The most Excellent Software Enterprise and the Best Software Production and Export Enterprise. FPT Visky Joint Stock Company won the prize Enterprise with the best educative and cultural products and services for ViOlympic product. Elead won the prize Enterprise of Excellent Vietnam Computer brand. FPT Distribution Co., Ltd - a member of FPT Trading Company Limited - won the prize for The Most Excellent Distributor of ICT Products. FPT IS won the prize for the Most Excellent Systems Integrator.

Truong Gia Binh was voted typical ICT character of Vietnam in the period 2000-2009

On February 2 , the ceremony on announcement of ten typical ICT characters of Vietnam in 2000-2009 voted by ICT journalists took place in Hanoi.

FPT won two prizes on technical initiatives

On January 22, l eader of M inistry of Science and Technology a warded the Technical Creativity Award 2009 for two initiatives of the FPT Corporation . These two among ten technical creativities of FPT Software to participate in the Contest of Creations organized by the MOST in 2009 won two encouraged prizes, including: t he auto email creator (Business Creator Tool) by Tran Duc Hai Trieu and Translation Support Web2.0 (Speed up Translation tool) by Phung Quang Dat and Nguyen Tien Son.

FPT won five big awards on training quality at Aptech World Leadership Summit 2010

At the "Aptech World Leadership Summit 2010" taking place on 13 and 14 January in Jaipur - India, FPT's Training System including FPT-Aptech International Programmer Training Center and FPT Arena Multimedia Training Center won five big “Business Excellence Awards”, three of which were “Academic Excellence Awards” for training quality. The Global Conference of Aptech is periodically organized once every two years with the participation of more than 3,000 centers in 52 countries for training with Aptech’s programs and this is the fifth consecutive time, FPT's training centers in Vietnam have been honored for the awards.

FPT Securities entered 2009 Top 5 f inancial brand names voted by consumers .

With technology advantages, especially the outstanding o nline t ransaction s ervices and p roducts, FPT Securities ran third in Top 5 financial brand names selected by consumers in the "Believe and Use" Program 2009 organized by the Vietnam Economic Times. The awards presentation ceremony took place in Hanoi on January 1, 2010.

Contact for press information :

FPT Hanoi
Ms Mai Lan Anh
Department of Communication and Community
Tel: 04 73007300
Fax: 04 7689067
HP: 0912081922

FPT Ho Chi Minh City
Ms Nguyen Thanh Nga
Department of Communication and Community
Tel: 08 73007300
Fax 08 73007388
HP: 0912413216