Dear shareholders,

PV Drilling has announced the personnel change effective June 10, 2016 regarding to the Resolution No. 01/6/2016/NQ-HDQT of the Board of Directors (BoD) as follows:

- Mdm. Ho Ngoc Yen Phuong resigned as Vice President of PV Drilling since June 10, 2016.

- Ratify consulting shareholders in writing regarding to the following content:

• Mr. Tran Van Hoat relinquished as member of the BoD;

• Introduce to elect Mdm. Ho Ngoc Yen Phuong as member of the BoD in place of Mr. Tran Van Hoat.

- Assign President & CEO to initiate the implementation of activities related to the above issue in compliance with current laws and regulation as well as PV Drilling's Charter.

Sincerely.

Petrovietnam Drilling and Well Services JSC published this content on 10 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2016 10:05:08 UTC.

Original documenthttp://www.pvdrilling.com.vn/en-US/Investor-Relations/Publication/Announcement/Announcement/Annoucement-on-Personnel-Change.htm

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