Resolution of Management Board of FPT Corporation

The Board of Management of FPT Corporation kindly announces:

On May 21^st 2009, Management Board of FPT Corporation convened and ratified Resolution with the following items:

1. Item 1: Ratify the plan of restructuring FPT Corporation, focusing on 2 main activities: corporate governance and corporate finance.

2. Item 2: Ratify the definition of key business lines to orient FPT Corporation development including: Telecom, Content and Information Technology Services.

3. Item 3: Ratify the determination of trademark communication message applied for the corporation as follows: FPT is known as the corporation for Information Technology and Telecommunications.

4. Item 4: Ratify preferred shares issuance plan for employees at par value, with total number of 5% of chartered capital on issuance date, from FPT Information System Company (FIS) and FPT Trading Group (FTG).

5. Item 5:  Ratify convertible bonds issuance plan. 

6. Item 6:  Ratify Shareholders’ Extraordinary Meeting in order to approve the following items:

• Preferred shares issuance plan for employees at par value, with total number of 5% of chartered capital on issuance date, from FPT Information System Company (FIS) and FPT Trading Group (FTG) ;
• Convertible bonds issuance plan; and
• Modification of the Charter of FPT Corporation .

7. Item 7:  Ratify appointing and dismissing personnel of the Board of Directors as follows:

•  Appoint Mr. Phan Duc Trung as Deputy General Director of FPT Corporation; and
•  Dismiss Mr. Le Quang Tien and Mr. Do Cao Bao as Deputy General Director of FPT Corporation.

FPT Investor Relations