September 28, 2004
Hanoi, Vietnam

Respectfully to:

General Manager

Phu My Hung Joint Venture Company

¡@We wish to express to you the profound sorrow
with which we learned of the death of your
Chairman, Mr. Lawrence S. Ting, on September
23, 2004 in Taiwan.

¡@As the leaders of the former State Committee
for Cooperation and Investment (SCCI), we hold
in esteem Mr. Ting's investment projects in
Vietnam and wish to pay tribute to his invaluable contributions to strengthen the economic
relationship between Taiwan and Vietnam. We
treasure greatly the relationship formed between Mr. Ting and the leaders of SCCI, which we regard as a
genuine and enduring friendship.

¡@We again affirm the positive contributions Phu My Hung Joint Venture Company has made towards the development of Ho Chi Minh City. We wish your Company continued success in realizing the objectives of this important project.

¡@Please extend our most sincere condolences Mr. Ting's family.

External Economic Consultancy Team

Office of the Prime Minister

(Signatures)
Dau Ngoc Xuan
Nguyen Mai