CBRE MARKET UPDATE Da Nang Q1/2012 Presented by: THAO LE Da Nang Research Opening Remarks from: TIEN CAO Da Nang Research ADAM BURY Senior Manager CB Richard Ellis (Vietnam) Co., Ltd. Friday, April 20th, 2012 .OPENING WORDS Da Nang 2012 – Continued Signs of Growth Hyatt Regency Da Nang Da Nang International Airport The Summit All Pictures – Source: CBRE Vietnam. Date 19th April, 2012 Harmony Tower MARKET INSIGHTS FROM CBRE’s DA NANG QUARTERLY UPDATES | APRIL 2012 2 CBRE RESEARCH & CONSULTING .VIETNAM ECONOMIC OVERVIEW Q1/2012 PERFORMANCE 25 CPI (% y-o-y) / Interest rates (%) 20 Inflation surged Monetary controls took effect 15 10 5 0 Jan-10 Monetary controls on interest rates Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 Q1/2012.