1 MONTHLY REPORT MAY, 2010

2 1.Recruitment 2.Preparing documents for meeting of efficiency bonus 3.Update Company Policies 4.Sharing Information After In-house training 5.Market Survey Information Engage Project This Month (May, 2010)

3 1. RECRUITMENT In Hochiminh Office JobsResult Actuarial Specialist Processing Business Planning Specialist Recruited Application Programmer Recruited Internal Auditing Specialist Processing Training Planning Specialist Recruited InvestigatorProcessing Sales & Marketing Specialist Processing In Danang Office Jobs Result Training Specialist Processing Current Job Demand

4 1. RECRUITMENT Number Customer Service Dept. 02 Premium Collection Dept. 02 IT Dept. 01 Human Resource Dept. 01 Agency Dept./BDO 01 In HCM In Dong Nai New Employees

5 2. Preparing For Meeting of Efficiency Bonus Introduction of This Bonus It’s Benefit How To Calculate This Benefit This Benefit Question& Answer Answer Each Representative in All Dept. Will Join This meeting; Plan To held on Beginning of June, 10

6 3. Update Company’s Policies Attendant Policy (Both Version of Vietnamese & English) Leave Policy (Both Version of Vietnamese & English) Domestic Travel Policy (Both Version of Vietnamese & English) Will be announced soon

7 4. Sharing Information After The In-house Training Course Training date: 8 May, 2010 Topic: Communication Skills & Problem Solving Participants: 24 Staffs Training Supplier: Dale Carnegies VN RESULT: Almost the trainees feel satisfied with the course as well as real applied for working environment

8 4. Sharing Information After The In-house Training Course Sharing Photo in the class

9 4. Sharing Information After The In-house Training Course Sharing Photo in the class

10 5. Recording Competition Result No.DEPARTMENT No. of Emp Ranking 1 IT HR, GA, Legal, Auditing (In all offices) Planning Training (In all offices) Policy Admin (In all offices) Marketing & PR ( in all Offices) Acc,Fin & Investment 97 Calculated Period From 01 ~ 21 May,10

11 6. Market Survey Information 2009 Voluntary Turnover Industry No. of Cos Pharmaceutical & Healthcare 10 Manufacturing16 Financial Services – None Banking 9 Consumer Goods 15 High-Tech4 Financial Service - Banking 11 Chemical13 Percentage 17.1% 14.5% 13.8% 13.4% 13.0% 10.6% 8.2% Oil - Mining 57.3% Similar to 2008, 2009, Pharmaceutical industry had the highest voluntary turnover rate and Oil & Mining had the lowest rate compared to other industries. All the industries had a lower voluntary turnover rate compared 2008, especially Banking and Consumer GoodsSimilar to 2008, 2009, Pharmaceutical industry had the highest voluntary turnover rate and Oil & Mining had the lowest rate compared to other industries. All the industries had a lower voluntary turnover rate compared 2008, especially Banking and Consumer Goods

12 6. Market Survey Information Job Family Actual Title Sales Sales Manager Marketing Mkt Manager Finance Finance Manager Hot Job To Recruit & Retain Level Mgm Mgm Mgm Top 3 – difficulty in recruiting Job Family Actual Title Sales Sales Executive Marketing Mkt Manager HR HR Executive Level Pro. Mgm. Pro. Top 3 – difficulty in retaining Top 3 Positions that companies found it difficulties to recruit in Vietnam Top 3 Positions that companies found it difficulties to retain in Vietnam

13 NEXT MONTH PLANNING PROJECT

14 Next Month Planning Project (June, 2010) 1.Joining Career Campaign (Career day) 2.Starting Fresh Graduated Recruitment Project 3.Starting Performance Evaluation & Market Survey Reports 4.Organizing Labor Union Festival 5.Update all company policies with two version (English & Vietnamese)

15 MONTHLY MEETING General Administration

16 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS A. Office Building Information 1. TWC: - New shelves for 7FL’s storage room installation. - New shelves for 7FL’s storage room installation. 2. Norch: - Finished moving HCMC 2 to Binhthanh’s house. - Finished moving HCMC 2 to Binhthanh’s house. - Liquidation of 6FL rental contract signed. - Liquidation of 6FL rental contract signed. 3. Hanhphuc Tower (Cantho): - Purchased 7 pcs of electric fans due to hot season. - Purchased 7 pcs of electric fans due to hot season. 4. Mirae Building (Big C): - Liquidation of rental contract signed. - Liquidation of rental contract signed.

17 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS A. Office Building Information 5. Agency Binhthanh’s office: - Completion construction. - Completion construction. - Agency moved to Binthanh on 20 May’ Agency moved to Binthanh on 20 May’ HCMC Agency – Ha Phan Building (TranHungDao Street): - Under construction - Under construction - 6FL of Norch agency moved to HaPhan building. - 6FL of Norch agency moved to HaPhan building.

18 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS HCMC – Binhthanh

19 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS HCMC – Binhthanh

20 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS HCMC – Binhthanh

21 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS A. Office Building Information 7. New office in Hanoi: - Offer letter issued by the landlord. - Offer letter issued by the landlord.

22 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS B. Other projects: 1. Regulations on incoming and outgoing document management. management. 2. Surveyed for car rental information. 3. Approval report for changing new uniform’s tailors. 4. Agency’s facility arrangement.

23 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

24

25 GA TASKS Result of electricity control: Electricity consumption of each building dropped down, that caused the result: The total electricity consumption dropped down in average 18 ~ 20% from Jun to Feb even though Cathay has set up more and more offices from Jun’2009 such as Cantho office, 6FL of Sacombank (CS), Dongnai office, Binhthanh office, TranHungDao office.

26 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS Attention: Starting with Mar’2010 several building’s electricity consumption raise from 15% to 26% to compare with last month. Reason: New electricity price applied by the government & due to hot season. P.S: Keep be aware of electricity control everyone should follow strictly the power consumption control.

27 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS

28 ENGAGED PROJECT THIS MONTH (GENERAL ADMIN) GA TASKS Reason: GA successfully negotiated with Lavie to low down the price (22% down). Started from Dec’2009 new price of drinking water was applied that why the current water total amount is lower than before.

29 NEXT MONTH PROJECT PLAN (GENERAL ADMIN) GA TASKS 1. Following up some pending items of Binhthanh’s & HaPhan’s offices. 2. Liquidation of construction contract of Dongnai’s office. 3. Regulations on document/file management. 4. Hanoi new office rental contract and construction contract. 5. TWC office new arrangement. Cathay non-life insurance got permission for license will also stay in TWC. New office arrangement will be informed later after discussion with Cathay non-life.

30 MONTHLY REPORT MAY, 2010 Legal Department MAIN TASKS & NEW LEGAL DOCUMENT

31 Main tasks This month: ► Terms & Conditions of new products  Finished: D01 - Cathay Loan Protection;  Finished: A05 - Cathay Accidental Endowment.

32 Main tasks This month: ► Legal counsel:  For Internal Audit checking: - submit documents as Audit’s request;  Report for MOF: - support Audit Dept. to prepare documents to send to MOF.

33 ► Legal counsel (cont.):  From Planning Div: regarding to establish General agency office and related issues;  From Agency Danang branch: regarding to explain Article of T&C. Main tasks This month:

34 ► Legal counsel (cont.):  N’orch’s issue: finished return 6 th floor;  Green Plaza: reminder the Landlord Liquidation Leasing contract. Main tasks This month:

35  Half-year Legal compliance procedure: - Preparing self-assessment for the first half of year 2010; dealine: 25 June half of year 2010; dealine: 25 June  Revise & review contracts: - Draft Office leasing contract in HaNoi. Main tasks Next month

36   Governing scope: this Decree regulates administrative breaches, forms and levels of penalty, measures for remedying consequences, and authority and procedures for imposing administrative penalties for breach of the Law on labour; NEW LEGAL DOCUMENT Decree No. 47/2010/ND-CP is promulgated by Government dated 06 May 2010

37   Some of these breaches which there is change of levels of penalty: - Breach of recruiting foreign employees without work permit issued by the competent authority of Vietnam is fined from VND to VND. Meanwhile, the previous is from VND to VND.   This decree shall be applied on 25 June 2010 NEW LEGAL DOCUMENT Decree No. 47/2010/ND-CP is promulgated by Government dated 06 May 2010 (cont.)

38 Legal Department