VNL.L Regulatory News (VNL)

16 December 2016

VinaLand Limited (the "Company" or "VNL")

Director Resignation

VinaLand Limited ("the Company" or "VNL"), the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, announces that Mr. Nicholas Brooke, a member of the Board of Directors has resigned which will take effect on 31 December 2016.

Mr. Brooke was appointed on 13 January 2006 as a Non-Executive Director of VNL when launched in 2006 and has served on the Board continually since then in the capacity of Director and Chairman. Mr. Brooke was appointed as Chairman in 2010 until he stepped down as Chairman in October 2013 however continued to serve as both Director and member of various Board committees including Valuation, Audit, Remuneration and Nomination and Divestment Committees during his service. Mr. Brooke has resigned to pursue new challenges thus the total number of VNL Board members, effective on 1 January 2017, will be reduced to four members. As the Company's portfolio is reducing, the Board has decided to stay with four members.

Michel Casselman, Chairman of VinaLand, stated: "I want to sincerely thank Nicholas Brooke for his valuable contributions to the VNL Board over a 10-year period and his depth of knowledge and experience in Asian real estate, in particular emerging markets and Vietnam has been invaluable and I wish him all the best with his new challenges."

More information on the Company is available at www.vnl-fund.com.

Enquiries:

Jonathan Viet Luu

VinaCapital Investment Management Limited

Investor Relations

+84 8 3821 9930

jonathan.luu@vinacapital.com

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 8 3821 9930

joel.weiden@vinacapital.com

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

funds@numis.com