The sixth Ho Chi Minh City Book Fair in 2010, which opened on March 15 and lasts until March 21 at Le Van Tam Park, District 1, is one of the biggest professional book fairs and is expected the most. Phuong Nam Cultural Corporation takes part in the book fair to aim at bringing cultural and spiritual values to all its customers. Thus, customers will “EXPERIENCE THE LIVELY AND WIDE WORLD” with many exchange activities, golden hours, attractive promotions when they come to the pavilion of Phuong Nam Cultural Corporation.

Phuong Nam Cultural Corporation presents this report and the audited consolidated financial statements of The Company and its subsidiaries for the year ended 31 December 2010.