Two shareholders' resolutions

Sea Minh Hai's shareholders has passed two important Resolutions recently through a letter-voting process.

On February 24, 2010, Sea Minh Hai has sent our letters to all its shareholders to ask for voting two important issues:

1. the issuing shares to increase the company charter capital to 81 VND billion (please refer to Report on Share Issuing Plan to Increase the Company Charter Capital for details).

2. the listing of company shares on HOSO (Ho Chi Minh Stock Exchange) (Please refer to Report on Listing of Sea Minh Hai's shares on Ho Chi Minh Stock Exchange for details).

Have received the letters sent back by shareholders (courier mails/fax) and based on the vote counting result on March 17, 2010 Sea Minh Hai would like to  announce that shareholders has passed these two important issues.

It is our glad to inform to all Sea Minh Hai's shareholders these two resolutions:

1. Resolusion on issuing shares to increase the company charter capital to VND 81 billion.
2. Resolusion on listing Sea Minh Hai's shares in Ho Chi Minh Stock Exchange (HOSE).