Vietnam Holdings Regulatory News (VNH)

For immediate release

VietNam Holding Limited ("VNH" or the "Company")

Estimated Daily Net Asset Value (NAV)

The Vietnam Stock Market will be closed for the Lunar New Year 'Tet' holiday until 4th February and reopened on 7th February 2022. We wish investors a safe and prosperous Lunar New Year and look forward to what the Year of the Tiger brings.

The Company announces that, at its close of business on 28 Jan 2022 its Estimated NAV was USD 149.5 million or USD 5.054 per share and GBP 111.8 million or GBP 3.779 per share (GBP/USD = 1.3373).

Change in position as at 28 Jan 2022:

Daily performance is calculated by reference to the previous day NAV/share and VNAS (Vietnam All Share Index). Calendar month-to-date performance is calculated by reference to NAV/share and VNAS as at 31 Dec 2021. 1-year performance is calculated by reference to NAV/share and VNAS as at 28 Jan 2021. 3-year CAGR (compound annual growth rate) is calculated by reference to NAV/share and VNAS as at 28 Jan 2019. 5-year CAGR is calculated by reference to NAV/share and VNAS as at 28 Jan 2017. 10-year CAGR is calculated by reference to NAV/share and VNAS as at 28 Jan 2012. VNAS is sourced from Bloomberg, which uses back-tested positions for VNAS for before 27 Jan 2014 as released by HoSE (Ho Chi Minh City Stock Exchange).

The Estimated Daily NAV stated in this announcement is based on estimated valuations and accordingly the Company accepts no responsibility for the accuracy of the Estimated Daily NAV figure given, and neither is any responsibility implied. The actual month end NAV in any month may vary from the Estimated Daily NAV provided in the relevant month. Accordingly, no reliance should be placed on the Estimated Daily NAV and it has been provided for indicative purposes only.

More information on the Company is available at www.vietnamholding.com 

Craig Martin

craig@dynamcapital.com

Tel.: +84 28 38277 590

Dynam Capital Limitedhttps://www.dynamcapital.com