Chartered Capital Increase Process of SQC

December 2006: Established with the chartered capital of 10,000,000,000 VND

April 2007: Chartered capital to be raised from 10,000,000,000 VND to 30,000,000,000 VND

- Premises for implementation:

+ Decision No. 300307/SQC-QD.07 of the General Assembly of shareholders dated March 30, 2007 which approves the issuance of shares to raise the chartered capital from 10,000,000,000 VND to 30,000,000,000 VND;

+ Decision No. 220407/SQC-QD.07 of the Board of Directors dated April 22, 2007 which approves the list of shares-buying investors.

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 100,000 VND per share

- Number of shares issued: 200,000 shares

- Number of shares distributed: 200,000 shares

- Number of shares remained: 0 shares

(As of the issuance report made on April 26, 2007)

- Total value of shares issued: 20,000,000,000 VND

- Paid-in chartered capital after the issuance: 30,000,000,000 VND

- Registered chartered capital 30,000,000,000 VND

December 2007: Paid-in chartered capital to be raised from 30,000,000,000 VND to 79,500,000,000 VND

-  Premises of implementation:

+ Decision No. 011107/SQC-QD.07 of the General Assembly of shareholders dated 11 Jan 2007 which approves the issuance of shares to raise the chartered capital from 30,000,000,000 VND to 150,000,000,000 VND;

+ Decision No. 191107/SQC-QD.07 of the Board of Directors dated 19 Nov 2007 which approves the list of shares-buying investors and the handling of left-over shares after the issuance.

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 100,000 VND per share

- Number of shares issued: 1,200,000 shares

- Number of shares distributed: 495,000 shares

- Number of shares remained: 705,000 shares

(As of the issuance report made on 26 Dec 2007)

- Total value of shares issued: 49,500,000,000 VND

- Paid-in chartered capital after the issuance: 79,500,000,000 VND

- Registered chartered capital 150,000,000,000 VND

December 2008: Paid-in chartered capital to be raised from 79,500,000,000 VND to 95,000,000,000 VND

-  Premises of implementation:

+ Decision No. 012208/QD-DHDCD- SQC-08 of the General Assembly of shareholders dated 22 Jan 2008 which approves the issuance of shares to raise the paid-in chartered capital from 79,500,000,000 VND to 200,000,000,000 VND;

+ Decision No. 120208/QD-HDQT-SQC-08 of the Board of Directors dated 12 Feb 2008 which approves the list of shares-buying investors and the handling of left-over shares after the issuance.

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 100,000 VND per share

- Number of shares issued: 1,205,000 shares

- Number of shares distributed: 155,000 shares

- Number of shares remained: 1,050,000 shares

(As of the issuance report made on 31 Dec 2008)

At the end of the issuance session, the Board of Directors decided to pick an appropriate point of time to continue issuing the amount of left-over shares to other investors in need.

- Total value of shares issued: 15,500,000,000 VND

- Paid-in chartered capital after the issuance: 95,000,000,000 VND

- Registered chartered capital: 200,000,000,000 VND

May 2009: Paid-in chartered capital to be raised from 95,000,000 VND to 200,000,000,000 VND

-  Premises of implementation:

+ Decision No. 01-09/NQDHDCD-09 of the General Assembly of shareholders dated 18 May 2009 which approves the handling of left-over shares in the issuance session to raise the capital to 200,000,000,000 VND;

+ Decision No. 200509/QD-HDQT-SQC-09 of the Board of Directors dated 20 May 2009 which approves the succeeding issuance of the undistributed shares in the issuance session to raise the chartered capital to 200,000,000,000 VND.

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 100,000 VND per share

- Number of shares issued: 1,050,000 shares

- Number of shares distributed: 1,050,000 shares

- Number of shares remained: 0 shares

- Total value of shares issued: 105,000,000,000 VND

- Paid-in chartered capital after the issuance: 200,000,000,000 VND

- Registered chartered capital: 200,000,000,000 VND

October 2009: Paid-in chartered capital to be raised from 200,000,000,000 VND to 540,000,000,000 VND

-  Premises of implementation:

+ Decision No. 01-09/NQDHDCD-09 of the General Assembly of shareholders dated 18 May 2009 which approves the increase of chartered capital from 200,000,000,000 VND to 600,000,000,000 VND;

+ Decision No. 01-09/NQHDQT of the Board of Directors dated 08 Sep 2009 which approves the detailed share-offer plan to raise the chartered capital to 600,000,000,000 VND.

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 10,000 VND per share

- Number of shares issued: 40,000,000 shares

- Number of shares distributed: 34,000,000 shares

- Number of shares remained: 6,000,000 shares

(As of the share-offer report made on 06 Oct 2009)

- Total value of shares issued: 340,000,000,000 VND

- Paid-in chartered capital after the issuance: 540,000,000,000 VND

- Registered chartered capital: 600,000,000,000 VND

November 2009: Paid-in chartered capital to be raised from 540,000,000,000 VND to 1,000,000,000,000 VND

-  Premises of implementation:

+ Decision No. 071109/SQC-NQDHCD-09 of the General Assembly of shareholders dated 07 Nov 2009 which approves the issuance of shares to increase the chartered capital from 540,000,000,000 VND to 1,200,000,000,000 VND in 2 phases; in Phase 1, the chartered capital to be raised from 540,000,000,000 VND to 1,000,000,000,000 VND;

- Form of issuance: Shares to be individually issued by making direct offers to investors

- Par value of shares at the time of issuance: 10,000 VND per share

- Number of shares issued: 46,000,000 shares

- Number of shares distributed: 46,000,000 shares

- Number of shares remained: 0 shares

(As of the share-offer report made on 10 Nov 2009)

- Total value of shares issued: 460,000,000,000 VND

- Paid-in chartered capital after the issuance: 1,000,000,000,000 VND

- Registered chartered capital: 1,200,000,000,000 VND

On 23 Nov 2009, Saigon-Quy Nhon Mining Corporation submitted the application to be listed on Hanoi stock exchange.