PPF Vietnam Finance confirms its leadership position in consumer finance by lending VND 4.2 trillion to consumers in 2011

Ho Chi Minh City

01/30/2012 - PPF Vietnam Finance, the leading consumer finance provider in Vietnam operating under the Home Credit brand, loaned a total of VND 4,184,863 million to its Vietnamese customers in 2011 while maintaining the profitability of its operations. Total unaudited assets as of 31 December 2011 reached VND 3,849,805 million while return over average equity according to the Vietnamese Accounting Standard was 31%, an increase of 2% compared with the rate in 2010. 65% of loans provided by PPF Vietnam were used to purchase scooters and motorbikes, 22% to purchase consumer durables, notably mobile phones, and the remaining 13% was supplied as cash credits. Building on the considerable growth achieved in 2010, PPF Vietnam has gained a stable profit in 2011 with 292,479 new contracts.

Since commencing fully-licensed operations in 2009, PPF Vietnam has grown to become the largest consumer finance company in Vietnam and has provided loans to more than 500,000 Vietnamese people. The strong operational results achieved in 2011 confirm PPF Vietnam’s market leadership position and demonstrates that the company’s method of providing sales finance to consumers has become one of the preferred ways of goods financing in the country.

In Vietnam, the consumer finance sector brings tangible benefits to: the local economy by supporting domestic consumption and creating new jobs; retailers by providing a new service and opportunity to grow their business; and to the Vietnamese people by helping to improve living standards as well as supporting domestic consumption and local employment. In total PPF Vietnam provides employment to 1,823 people in 44 provinces.

Commenting on the results, Michal Brejcha, CFO, PPF Vietnam said: “I am delighted at these strong results and I am proud of the achievements of our employees over 2011. PPF Vietnam’s main goals for this year are to maintain its market-leading position, to focus on operational excellence and further improve our processes and to continue our innovations to provide the best services we can to our customers. We remain committed to the Vietnamese market and also to giving something back to the communities where we operate. In 2012 we aim to enhance our CSR programmes and will start by re-launching our scholarship programme for talented students who cannot otherwise afford an education. I look forward to the year ahead and the opportunities that it holds for our customers, employees, and communities”.

Contacts for journalists

Nguyen Ngoc Loan My

PR Manager

PPF Vietnam Finance (Home Credit Vietnam)

Tel.: (+84) 08 3513 6868 – Ext: 10609

E-mail: my.nguyenngocloan@ppf.vn

Notes to editors

PPF Vietnam Finance overview:

PPF Vietnam Finance has officially operated in Vietnam since April 20, 2009, providing loans to customers through a fast and simple consumer finance service. In Vietnam, PPF has provided products such as motorbike loans, consumer durables loans and cash loans. After two years of operation in Vietnam, PPF has established its position as a market leader with its services available in 44 provinces.

More information available at www.homecredit.vn and www.ppf.vn.

PPF Group overview:

PPF Vietnam Finance Co. Ltd., is fully owned by PPF Group N.V. (“PPF”), one of the largest investment and financial groups in Central and Eastern Europe. PPF manages assets worth approximately EUR 12.4 billion (as of 31 December 2010), which include various activities from banking and insurance to real estate property, energy and mining, to Russia’s largest consumer electronics retail chain. PPF’s activities spread from Central and Eastern Europe through Russia to Asia.

Following the success of the Home Credit business model in Europe (in the Czech Republic, Slovakia, Russia, Belarus and Kazakhstan), PFF developed its consumer finance services under the Home Credit brand in Asia, specifically in China (since 2007), Vietnam (since 2009), India (since January 2012) and is currently exploring opportunities to enter other emerging markets in this important region, such as Indonesia.

More information available at www.ppf.eu and www.homecredit.asia.