On July 18, 2011, the Board of Directors of Phuoc An Port Investment and Exploitation Petroleum Joint Stock Company (PAP) issued Decision No. 136/QD-PAP on replacing members of the Board of Directors of the Company, accordingly:
• Agreeing to allow Mr. Bui Huu Hau to cease holding the position of Member of the Board of Directors of PAP Company.
• At the same time, the Company has completed the procedures to appoint Mr. Nguyen Duc Hanh – Deputy Head of Planning and Investment Department – Vietnam Petroleum Technical Services Joint Stock Corporation (PTSC) to hold the position of Non-professional Member of the Board of Directors of PAP Company (for more information on Mr. Nguyen Duc Hanh’s personal profile, please visit the Introduction -> Board of Directors section on the Company’s website).