VNL.L Regulatory News (VNL)

21 November 2016

VinaLand Limited

VinaLand ZDP Notice of Redemption

VinaLand Limited ('the Company' or 'VNL') announces that, the redemption of VinaLand ZDP Shares will occur in December 2016.

Vinaland ZDP Limited is a wholly owned subsidiary of Vinaland Limited ("Vinaland"). The Company's principal investment objective is to provide the holders of the zero dividend preference shares with a predetermined final capital entitlement on December 2016.

REDEMPTION OF ZERO DIVIDEND PREFERENCE SHARES AND NOTICE OF CANCELLATION

The Company is pleased to announce the redemption of its Zero Dividend Preference Shares ("ZDP Shares") which are set to reach maturity on 19 December 2016. The details are as follows:

• The final capital entitlement is £1.26 per ZDP Share.

• Total number of ZDP Shares subject to redemption is 15,000,000 shares.

• The record date for the final capital entitlement is 6.00p.m. on 12 December 2016.

• CREST accounts of non-certificated holders are expected to be credited on 19 December 2016.

• Cheques are expected to be mailed to certificated holders on 19 December 2016.

As such, the Company has requested the UK Listing Authority ("UKLA") suspend the listing of the ZDP Shares on the standard listing segment of the Official List and requested the London Stock Exchange (the "LSE") suspend trading of the ZDP Shares on the main market of the LSE, effective at 7.30a.m. on 13 December 2016.

In addition, the Company has applied to the UKLA to cancel the listing of the ZDP Shares on the Official List and applied to the LSE for the cancellation of admission to trading on the main market of the LSE. It is the Company's intention that the listing will be cancelled on 19 December 2016.

For further information:

The Company Secretary, Jupiter Secretaries Limited

Mont Crevelt House

Bulwer Avenue

St Sampson

Guernsey

GY2 4LH

Simon Savident, +44 (0)1481 242233, info@jupiter.gg

Note to Editors

Vinaland ZDP Limited is a wholly owned subsidiary of Vinaland Limited ("Vinaland"). The Company's principal investment objective is to provide the holders of the zero dividend preference shares with a predetermined final capital entitlement on December 2016.

Vinaland is a closed-ended Cayman Islands registered, exempted company and is part of the VinaCapital Group, which engages in property investment and development in Vietnam and surrounding Asian countries. The Group had assets under management of approximately USD1.3 billion as at 30 June 2016.

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

Enquiries:Jenny Nguyen VinaCapital Investment Management LimitedInvestor Relations+84 8 3821 9930duyen.h.nguyen@vinacapital.com

Joel Weiden

VinaCapital Investment Management Limited

Communications

+84 8 3821 9930

joel.weiden@vinacapital.com

Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100philip.j.secrett@uk.gt.com

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000funds@numis.com