PRESENTATION OUTLINE 1. Welcome and Introduction 2.

Overview of the Presentation Company information Products or services Competitive advantages Risk factors

Tnh theo doanh s v sn lng, Vinamilk l nh sn sut sa hng u ti Vit Nam. Danh mc sn phm ca Vinamilk bao gm: sn phm ch lc l sa nc v sa bt; sn phm c gi tr cng thm nh sa c, yoghurt n v yoghurt ung, kem v ph mt. Vinamilk cung cp cho th trng mt nhng danh mc cc sn phm, hng v v qui cch bao b c nhiu la chn nht. Theo Euromonitor, Vinamilk l nh sn xut sa hng u ti Vit Nam trong 3 nm kt thc ngy 31 thng 12 nm 2007. T khi bt u i vo hot ng nm 1976, Cng ty xy dng h thng phn phi rng nht ti Vit Nam v lm n by gii thiu cc sn phm mi nh nc p, sa u nnh, nc ung ng chai v caf cho th trng.

We are the leading producer of dairy products in Vietnam based on sales volume and revenue. Our products range from core dairy products such as liquid and powdered milk, to value-added dairy products such as condensed milk, drinking and spoon yoghurt, ice cream, and cheese. We offer one of the largest dairy portfolios in Vietnam, across a wide selection of products, flavours, andpackaging sizes. According to Euromonitor, Vinamilk has been the number [1] dairy player in Vietnam for the three years ending 31 December 2007.Since commencing operation in 1976 we have built the largest distribution network in Vietnam and have leveraged our network to introduce new products to the market, such as juices, soya milk, bottled drinking water and coffee. We market the majority of our products under our Vinamilk brand, which has been designated as both a Famous Brand and one of the Top 100 Strongest Brands by the Vietnamese Ministry of Industry and Trade in 2006. We have also been voted the top brand in the Top Ten High-quality Vietnamese Goods for each year between 1995 to 2007. We currently focus on business activities in the fast growing Vietnamese dairy market, which according to Euromonitor has grown at a CAGR of [7.85]% from 1997 to 2007, and produce the majority of our products at our [nine] operational production facilities with a combined capacity of [570,406] tonnes per annum.

Phn ln sn phm ca Cng ty cung cp cho th trng di thng hiuVinamilk, thng hiu ny c bnh chn l mt Thng hiu Ni ting v l mt trong nhm 100 thng hiu mnh nht do B Cng Thng bnh chn nm 2006. Vinamilk cng c bnh chn trong nhm Top 10 Hng Vit Nam cht lng cao t nm 1995 n nm 2007. Hin ti Cng ty tp trung cc hot ng kinh doanh vo th trng ang tng trng mnh ti Vit Nam m theo Euromonitor l tng trng bnh qun 7.85% t nm 1997 n 2007. a phn sn phm c sn xut ti chn nh my vi tng cng sut khong 570.406 tn sa mi nm. Cng ty s hu mt mng li phn phi rng ln trn c nc,

l iu kin thun li chng ti a sn phm n s lng ln ngi tiu dng. Sn phm Cng ty ch yu c tiu th ti th trng Vit Nam v cng xut khu sang cc th trng nc ngoi nh c, Campuchia, Irc, Philipines v M. We have the leading distribution network in Vietnam, giving us broad access to consumers. We generate a substantial majority of our revenues from sales of our products in Vietnam comprising both dairy and non-dairy products and export to countries such as Australia, Cambodia, Iraq, the Philippines and the United States

3. Company information Type Established Traded as Industry Headquarters Key people Products Revenue (operating income, net income, total assets, total equity) Profit after tax (last year) Employees 4. Products or services Introduction to the products/services o Types of products/ services o Features (differentiations) and benefits Target market (age groups, income groups..) Distribution network

5. Competitive advantages. Brand Distribution network High quality products Reasonable price Reputation of the company 6. Risk factors High competition Inadequate capital Bad debt Rate of exchange Interest rate 7. Closing Contact information o Address o Tel o Fax o Email o Website

a ch ca cng ty:
TR S CHNH S 10, ng Tn Tro, Phng Tn Ph, Qun 7, TP.HCM T: (84.8) 54 155 555 Fax: (84.8) 54 161 226 Email: vinamilk@vinamilk.com.vn Website: www.vinamilk.com.vn CHI NHNH TI H NI Ta nh Handi Resco - Thp B - Tng 11 521 Kim M, Qun Ba nh, TP.H Ni T: (84.4) 37 246 019 Fax: (84.4) 37 246 005 CHI NHNH TI NNG S 12 ng Chi Lng, Phng Hi Chu 2, Qun Hi Chu, TP Nng. T: (84.511) 3897449 Fax: (84.511) 3897223 CHI NHNH TI CN TH 86D Hng Vng , Phng Thi Bnh, Qun Ninh Kiu, TP.Cn Th. T: (84.710) 6256 555 Fax: (84.710) 3827 334

COMPANY ADDRESS: Headquarter 10 Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh City Tel: (84.8) 54 155 555 Fax: (84.8) 54 161 226 Email: vinamilk@vinamilk.com.vn Website: www.vinamilk.com.vn Branch in Ha Noi Handi Resco - Tower B - Floor 11 521 Kim Ma Street, Ba nh Ward, Ha Noi City Tel: (84.4) 37 246 019 Fax: (84.4) 37 246 005 Branch in Da Nang 12 Chi Lang Street, Hai Chau 2 Ward, Hai Chau District, Da Nang City Tel : (84.511) 3897449 Fax: (84.511) 3897223 Branch in Can Tho 86D Hung Vuong Street, Thoi Binh Ward, Ninh Kieu District, Can Tho City. Tel : (84.710) 6256 555 Fax: (84.710) 3827 334

Ca hng Gii thiu sn phm:

MIN NAM

Salon of exposition In the South 89 Cach Mang Thang Tam Street, District 1, 198 Nguyen Dinh Chieu Street , District 3, 175 Nguyen Chi Thanh Street, District 5, 202-204 Le Quang Dinh Street, Binh Thanh District, 119 Dan Chu Street, Thu Duc District 275 Quang Trung Street, Go Vap District 10 Tan Trao Street, District 7, Tel: 38324125 Tel: 39 302792 Tel: 39 572 547 Tel: 35 104 682 Tel: 54 031 423 Tel: 39 896 524 Tel: 54 161 333

89 Cch Mng Thng Tm, Qun 1, in thoi: 38 324 125 198 Nguyn nh Chiu, Qun 3, in thoi: 39 302 792 175 Nguyn Ch Thanh, P.17, Qun 5, in thoi: 39 572 547 202-204 L Quang nh, Qun Bnh Thnh, in thoi: 35 104 682 119 Dn Ch, P. Bnh Th, Qun Th c in thoi: 54 031 423 275 Quang Trung, P.10, Qun G Vp in thoi: 39 896 524 S 10 Tn Tro, P.Tn Ph, Qun 7 in thoi: 54 161 333 MIN TRUNG

184 Hong Diu,Qun Hi Chu, TP. Nng. in thoi: 0511 3582 986 MIN TY

In the Center 184 Hoang Dieu Street, Hai Chau District, Da Nang In Mekong Delta No.158, 30/4 Street, Tel: Ninh Kieu District, Can 07103.815980 Tho Tel: 0511.3582 986

S 158 ng 30/4, Q. Ninh Kiu, TP. Cn Th, in thoi: 07103.815980

a ch cc nh my:
NH MY SA TRNG TH 32 ng Vn Bi, Phng Trng Th, Qun Th c, TP HCM T: (84.8) 38 960 727 - Fax: (84.8) 38 966 884 Chuyn sn xut: Sa c c ng, Sa ti tit trng, Sa u nnh, Sa chua, Nc p tri cy, Ph mai. NH MY SA DIELAC Khu Cng Nghip Bin Ha I, Phng Bnh An, TP Bin Ha, Tnh ng Nai T: (84.61) 3836 115 - Fax: (84.61) 3836 015 Chuyn sn xut: Sa bt dnh cho tr em v ngi ln, bt dinh dng cho tr em NH MY SA THNG NHT 12 ng Vn Bi, Phng Trng Th, Qun Th c, TP HCM T: (84.8) 38 960 725 - Fax: (84.8) 38 963 140 Chuyn sn xut: Sa c c ng, Sa ti tit trng, Kem, Sa chua, Sa chua ung. NH MY SA H NI KM 14 X Dng X, Huyn Gia Lm, TP. H Ni T: (84.4) 38 276 418 - Fax: (84.4) 38 276 966 Chuyn sn xut: Sa c c ng, Sa ti tit trng, Kem, Sa chua, Sa chua ung, Sa u nnh. NH MY SA BNH NH 87 Hong Vn Th, ,Tp. Qui Nhn, Tnh Bnh nh T: (84.56) 3847 312 - Fax: (84.56) 3746 065 Chuyn sn xut: Sa ti tit trng, Kem, Sa chua, Sa chua ung. NH MY SA NGH AN Factory address: Truong Tho Milk Factory 32 Dang Van Bi Street, Truong Tho Ward, Thu Duc District, Ho Chi Minh City Tel: (84.8) 8 960 727 - Fax: (84.8) 8 966 884 Specialzing in condensed milk, aseptic fresh milk, soya milk, yogurt, fruit juice and cheese. DIELAC Milk Factory Bin Ha Industrial Park - Dong Nai Tel: (84.61) 3 836 115 - Fax: (84.61) 3 836 015 Specialzing in formula for kids and adults, nutritional powder for babies. Thong Nhat Milk Factory 12 Dang Van Bi, Truong Tho Ward, Thu Duc District, Ho Chi Minh City Tel: (84.8) 8 960 725 - Fax: (84.8) 8 963 140 Specialzing in condensed milk, aseptic fresh milk, ice cream, yogurt and drinking yogurt. Ha Noi Milk Factory KM 14 Dng Xa Ward, Gia Lam District, Ha Noi Tel: (84.4) 8 276 418 - Fax: (84.4) 8 276 966 Specializing in condensed milk, aseptic fresh milk, ice cream, yogurt, drinking yogurt and Soya milk. Binh Dinh Milk Factory 1 Hoang van Thu Street, Qui Nhn town, Binh Dinh Province Tel: (84.56) 847 312 - Fax: (84.56) 746 065 Specialzing in aseptic fresh milk, ice cream, yogurt and drinking yogurt. Nghe An Milk Factory

ng So Nam, X Nghi Thu, Th X Ca L, Ngh An T: (84.38) 3949 032 - Fax: (84.38) 3824 717 Chuyn sn xut: Sa c, Sa ti, Sa chua NH MY SA SI GN L 1-18 Khu G1- Khu cng nghip Tn Thi Hip, Hng l 80, Phng Hip Thnh, Q.12, TP HCM T: (84. 8) 37 176 355 - Fax: (84. 8) 37 176 353 Chuyn sn xut: Sa ti, Sa chua, Sa chua ung NH MY SA CN TH Khu Cng Nghip Tr Nc, Phng Tr Nc, Qun Bnh Thy, TP Cn Th T: (84.710) 3842 698 - Fax: (84.710) 3842 811 Chuyn sn xut: Sa ti, Sa chua, Kem, Bnh NH MY NC GII KHT L A, ng NA7, Khu Cng Nghip M Phc II, Huyn Bn Ct, Tnh Bnh Dng T: (84.650) 355 6839 Chuyn sn xut: Nc gii kht NH MY TIN SN Khu Cng nghip Tin Sn, Huyn Tin Du, Tnh Bc Ninh T: (84.241) 3 734 335 - Fax: (84.241) 3 714 807 X NGHIP KHO VN 32 ng Vn Bi, Phng Trng Th, Qun Th c, TP HCM T: (84.8) 38 966 673 - Fax: (84.8) 38 960 804 Chuyn: Vn chuyn, Giao hng ha X NGHIP KHO VN H NI Km 10/Quc l 5, x Dng X, huyn Gia Lm, Thnh ph H ni T: (84.4) 3827 6418 Fax (84.4) 3827 6966 Chuyn vn chuyn, giao hng ha uc

Sao Nam Street, Nghi Thu Ward, Cua Lo town, Nghe An Province Tel: (84.38)3 949 032 - Fax: (84.38) 3 824 717 Specializing in condensed milk, aseptic fresh milk, and yogurt. Sai Gon Milk Factory Lot 1-18, G1 area - Tan Thoi Hiep Industrial Park, 80 village road, Hiep Thanh Ward, District 12, Ho Chi Minh City Tel: (84. 8) 7 176 355 - Fax: (84. 8) 7 176 354 Specializing in aseptic fresh milk, yogurt and drinking yogurt. Can Tho Milk Factory Tra Noc Industrial Park Ward, Tra Noc Ward, Binh Thuy District, Can Tho City Tel: (84.71) 842 698 - Fax: (84.71) 842 811 Specializing in aseptic fresh milk, ice cream, yogurt and cakes. Beverage Factory Lot NA7 Street, My Phuoc II Industrial Park, Ben Cat District, Binh Duong Province Tel: (84.650) 553 292 - Fax: (84.650) 553 290 Specializing in beverages. Tien Son Factory Tien Son Industrial Park, Tien Du District, Bac Ninh Province Tel: (84.241) 3 734 335 - Fax: (84.241) 3 714 807- Fax: (84.241) 3 714 807 Warehouse and Transport Enterprise 32 Dang Van Bi Street, Truong Tho Ward, Thu Duc District, Ho Chi Minh City Tel: (84.8) 8 966 673 - Fax: (84.8) 8 960 804 Specializing in transporting and delivering goods Warehouse and Transport Enterprise - Ha Noi Km 10, 5 Highway road, Dng Xa Ward, Gia Lam District, Ha Noi Tel: (84.4) 3827 6418 Fax (84.4) 3827 6966 Specializing in transporting and delivering goods