1. 1 MONTHLY REPORT JAN, 2010 -HR, GA and Legal-

2. HR Department

3. 3 Engage Project This Month 1.Whole Performance Evaluation Result 2. Yearly Bonus 3. Internship Program 4. Year End Party Program

4. 4 Education Certificate Working Results W. Behavior Contribution Base on The Policy For Staff Performance Rating 1. Whole Year Performance Evaluation Results Criteria's

5. 5 1. Employee’s Statistic 1. Whole Year Performance Evaluation Results CONGRATULATION FOR PRMOTION Dept.NamePre- Position New Position UnderwritingMs.Ng. Ngoc Phuong Senior Manager Assistant Director UnderwritingMr.Trinh Cuong SpecialistSenior Specialist TrainingMr.Le Kim Minh Assistant Manager Manager MarketingMr.Chao Chi Hung ManagerSenior Manager

6. 6 1. Employee’s Statistic 1. Whole Year Performance Evaluation Results CONGRATULATION FOR PRMOTION Dept.NamePre- Position New Position MarketingMr. Trinh Hoai Nam SpecialistSenior Specialist ClaimMs.Pham Thi My Lien Senior Specialist Assistant Manager HRMs.Tran Thy Tho SpecialistSenior Specialist ITMr.Lam Tri Huan SpecialistSenior Specialist PlanningMr.Nguyen Dinh Thanh SpecialistSenior Specialist

7. 7 Salary Adjustment Result 1. Whole Year Performance Evaluation Results Base on the evaluation results (Excellent & Good Score) Base on the New Salary Ranking Policy Effective from Feb. 2010

8. 8 2. Yearly Bonus   Calculated on Average Salary During Whole Year 2009   Ranking Base on Evaluation Result   Coefficient Ratio   Effective Date to Transfer Employees: 29 Jan., 2010

9. 9 1. Employee’s Statistic 3. Internship Program Period: 1 month (starting from 28 Dec.09 ~27 Jan., 10 Total: 13 students Results: Some Dept. will consider for future recruitment

10. 10 1. Employee’s Statistic 4. Year End Party Program Office Period HCM 29 Jan., 2010 Can Tho 22 Jan., 2010 Hanoi & Da Nang 15 Jan., 2010

11. 11 1. Employee’s Statistic 4. Year End Party Program Some Photos From Other Dept. Preparing For This Activities By Policy Admin Dept.

12. 12 1. Employee’s Statistic 4. Year End Party Program By Policy Admin Dept.

13. 13 1. Employee’s Statistic 4. Year End Party Program By HR,GA & Legal Dept.

14. 14 Next Month Project 1. Recruitment Follow up New Head Count 2010 2. Announcing to Employees For Salary Increase 3. Upload Data on System Regarding Retention Plan Program 4. Proposal For Soft Skill Training To Employees

15. MONTHLY REPORT OF JANUARY GA Department

16. 16 GA TASKS A. Office Building Information 1. Grand building (Hanoi): - Made 3 new doors which were broken. 2. Sacombank (Danang) - Started construction on 6 th FL of Sacombank and moved from Green Plaza to Sacombank. ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

17. 17 GA TASKS 6 FL – Sacombank – CS area ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

18. 18 GA TASKS A. Office Building Information 3. Hanhphuc tower (Cantho): - Checked the electricity meter to ensure that the meter runs normally. 4. Mirae Building (Big C): - Discussed with Big C’s landlord regarding moving out. ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

19. 19 GA TASKS A. Office Building Information 5. Dongnai office: - Applied documents to Electricity company for 3 phase power supply. 6. HCMC & Hanoi: - Searched for new offices in HCMC & Hanoi. ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

20. 20 GA TASKS (cont.) B. Other projects: 1. A rental annex for 6 th FL of Sacombank. 2. Dongnai office rental contract signed. 3. Approval report for choosing a new office in HCMC to replace Big C office. 4. A letter to Norch’s landlord regarding overtime charges. ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

21. 21 GA TASKS (cont.) B. Other projects: 5. Approval report for adding budget of 2009. 6. Arranged Tet’s hampers for offices. 7. Arranged and distributed the red envelops to the employees for Tet’s holiday. ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

22. 22 GA TASKS 1. Choosing construction company & starting construction in Dongnai on 22 Feb’2010. 2. Liquidation of construction contract of 6 th FL Sacombank. 3. Continuously surveying for cleaning service company for TWC. 4. Liquidation of rental contract with Green Plaza. 5. Following up the application for 3 phase power in Dongnai’s office. 6. Searching new offices for HCMC & Hanoi. NEXT MONTH PROJECT PLAN (GENERAL ADMIN)

23. Legal Department

24. Main tasks This month: ► Terms & Conditions of new products (A03; A04; A05; R04; R05)  R04, R05: revised some articles as requested by MOF.  A03, A04, A05: finished.  Application form for A04: finished ► Legal Compliance Process  following up.

25. Main tasks This month: ► Dongnai branch:  prepared some documents to submit to MOF for setting up Dongnai branch;  prepared some leasing contracts for working & living in Dongnai;  submitted to Justice Dept. of HCMC to make non-criminal record for Mr. Jack.  completed the documents of Member of Council for applying Dongnai branch. ► Exciting Summer with Cathay campaign:  gave advice & revised some documents for Planning Dept; ► N’orch’issues:  Notice letter about disagree overtime payment;

26. Main tasks This month: ► Danang branch:  Terminate leasing contract with Green Plaza;  Prepare an Annex of Leasing contract with Sacombank. ► Revise & review contract  Co-operated agreement between Cathay & IVB regarding bancassurance: finished;

27. Next month: ► Terms & Conditions:  Review & revise A03, A04, A05 & other new products (if any) ► N’orch issues & Green Plaza issues:  following up ► Danang branch & Dongnai branch:  submit documents to MOF to move Danang branch’s address from Green Plaza to Sacombank;  following up & next steps for setting up Dongnai branch. ► BigC issues: for moving out. Main tasks

28. Dated 11 Jan 2010 MOF promulgated Circular 02/2010/TT-BTC additionally guiding Circular 84/2008/TT-BTC dated 30 Sep 2008 guiding Decree 100/2008/ND-CP detailing providing a number of Law on Personal Income Tax. Legal Department  In case foreign individual who is residential subject in Vietnam having income from business, salary, wage have paid compulsory insurances similar to the provisions of the Vietnamese law, then, all such paid insurance shall be deducted such amounts into payable income from business, salary, wage before calculating PIT. This subject has to prove that he/she paid such amounts as following the foreign law. These above provisions shall be applied from 25 February 2010

29. Dated 12 January 2010 MOF promulgated Circular 03/2010/TT-BTC guiding the implementation of Decree 41/2009/NĐ-CP dated 05 May 2009 of Government providing administrative sanctions on insurance business. The Circular gives guidline of: i.the principle to determine sanctioned subjects; ii.provides false information or conducts false advertising about the operation contents and scope or about conditions for insurance cover. Or provides information which adversely impacts on the lawful rights and interests of others insurers; iii.competes to obtain clients by hindering, embroiling, bribing, threatening…;

30. The Circular gives guidline of: (cont.) iv.fails to announce information publicly and fails to be transparent during the sale of products resulting in clients misunderstanding the products and services which the insurer supplies; v.discriminating as regards insurance conditions and premiums scales between potential insured persons who in fact have the same risk level; vi.use influence to require, prevent or coerce a lower level body or related person to purchase insurance with any one particular insurer. Dated 12 January 2010 MOF promulgated Circular 03/2010/TT-BTC guiding the implementation of Decree 41/2009/NĐ-CP dated 05 May 2009 of Government providing administrative sanctions on insurance business.