Vietnam Infrastructure Regulatory News (VNI)

2 October 2012

Vietnam Infrastructure Limited

Director Appointment

Vietnam Infrastructure Limited ("VNI" or the "Company"), the first publicly traded fund to focus on infrastructure assets in Vietnam announces that the Board of Directors has appointed Mr. Rupert Carington as a new Independent Non-executive Director, effective 1 October 2012. The appointment of Mr. Carington to the Board will bring the total number of VNI Board members to four.

Commenting on the appointment, VNI Chairman, Mr. Paul Cheng stated, "Our decision to review the composition of the Board was made with the intention to bring an additional viewpoint and knowledge of emerging market funds to help deal with ongoing challenges facing VNI as well as to reinforce the Board's independence from the Investment Manager." Mr. Cheng added, "The experience and skills of Mr. Carington will be important in maintaining oversight and governance of the Company, further allowing the fund to generate and return value to shareholders."

Rupert Carington

Mr. Carington has run his own financial advisory business since leaving Morgan Grenfell & Co. Ltd., the merchant bank, after a 17 year career, including a period as Chief Executive of the Hong Kong office with responsibility for China. He is currently Chairman of Schroder AsiaPacific Fund Plc. He also sits on a number of boards and advisory boards of companies throughout Asia, Europe, North America, and the Middle East including those of SETE Technical Services, Alger Associates Inc., and Abdul Latif Jameel Co. Ltd. He is International Adviser to LGT Group Foundation. Mr. Carington's past directorships have included acting as Chairman of the Korea Asia Fund, Chairman of the Schroder Emerging Countries Fund, a Director of the Fleming Natural Resources Investment Trust and the JP Morgan Fleming Smaller Companies Investment Trust plc.

Enquiries:

David DropseyVinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 9930david.dropsey@vinacapital.com

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7583 5100

philip.j.secrett@uk.gt.com

 Hiroshi FunakiLCF Edmond de Rothschild Securities, Broker+44 20 7845 5960funds@lcfr.co.uk

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000Mark WaltersFTI Consulting, Public Relations (Hong Kong)+852 3716 9802mark.walters@fticonsulting.com

Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204andrew.walton@fticonsulting.com

Further information

Rupert Francis John Carington (aged 63) currently holds and has held (including all appointments during the five years preceding the date of this announcement), the following directorships and partnerships, other than the Company:

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules

Notes to Editors:

VinaCapital

VinaCapital is a leading asset management and real estate development firm in Vietnam, with a diversified portfolio of USD1.5 billion in assets under management. VinaCapital was founded in 2003 and boasts a team of investment professionals who bring extensive international finance and investment experience to the firm. Our mission is to produce superior returns for investors by using our experience and knowledge to identify the key trends and opportunities that emerge as Vietnam continues to develop its economy. To achieve this, VinaCapital has teams with broad experience covering equity markets, fixed income, private equity, venture capital, real estate and infrastructure.

VinaCapital manages three closed-end funds trading on the AIM Market of the London Stock Exchange. These funds are: VinaCapital Vietnam Opportunity Fund Limited (VOF), VinaLand Limited (VNL), and Vietnam Infrastructure Limited (VNI). VinaCapital also co-manages the DFJ VinaCapital L.P. technology venture capital fund with Draper Fisher Jurvetson.

VinaCapital has offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang, Phnom Penh (Cambodia) and Singapore. More information about VinaCapital is available at www.vinacapital.com.