Preparation:

Today Saturday April 21, 2012 the Minh Hai Joint Stock Seafoods Processing Company General Shareholder Meeting has been held in Ho Nam Center in Bac Lieu City, Viet Nam.

There are 29 shareholders represented for more than 74 % of company shares present to hear many reports of the company last year operations: the audited Financial Annual Report, the works completed in 2011 business year, the Board of Management and Board of Controllers reports and the 2012 objectives...

After so long a time for these softwares to remain widely used around the world (since 2001 for XP and 2003 for Office 2003), Microsoft has just announced on April 10 that the deadline for these to receive their supports will be April 8, 2014.

Additional to our posting on the Shareholder Meeting Announcement, we posted here the Letter Of Authorizing Representative to Attend Shareholder Meeting for convenience to shareholders when he/she cannot himself attend the Meeting.

It is a sorry that in our previous posting this form is missed.

Sea Minh Hai today has sent to all its shareholders to convene the 2012 General Shareholders Meeting.

The meet will be held at the Ho Nam Tourist Center, No. 1, Tran Quang Dieu St., Ward 1, Bac Lieu City (also called Khu Dia Oc) in the morning of April 21, 2012.

The letter and meeting agenda can be seen at the Shareholders Relation menu, under Announces & Notices item.

(Please refer to Ho Nam in the below GoogleMap).

SMH today posted its second distribution plan to its shareholders.

Shareholders will receive and amont equal to 10% of their share value this time, based on the shareholders list on April 5, 2012. The divident can be get in cash directly at the Company adddress (Km 2231, Lang Tram, Tan Phong, Gia Rai, Bac Lieu), or can be transferred to the shareholder's bank account or sent through post service from April 9 to June 30, 2012.

In February 2012, the widely-known McKinsey Global Institute has published its economic research on Viet Nam current economy and its expectancy for the next phase.

The report reveals that two out of 3 important drivers that has helped VN to achieve a high rate of economic developing in the past 2 decades will get less important in the next economic growth, while VN is facing many obstructs that it has to solve. Besides it has to make use of new drivers if it would maintain its economic growth at targeted rate for the next decade.

Today DOC has issued its prelimimary review result for VN shrimp dumping rate.

The rate for the mandatory respondents and the separate rate firms are,

- Mandatory respondents:

Minh Phu: 0.09 % (de minimis)

Nha Trang Seafoods: 0 %

- Separate-rate packers: all are at 1.03% except Camimex (0.8%)

- VN wide: 25.76%

The review result was signed by Lorald K. Lorentzen on Feb 28, 2012.