Distribution of Capital from Share Premium Account

07 December 2017

VinaLand Limited (the "Company" or "VNL")Distribution of Capital from Share Premium Account of the Company

Ho Chi Minh City - VinaLand Limited, the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, announces that it will make a distribution of USD0.33 per ordinary share from the Share Premium Account.

The distribution of approximately USD60.4 million in total will be returned equally to all shareholders, representing USD33 cents per ordinary share.

Details of the distribution are as follows:

· Ex-distribution date: Thursday, 14 December 2017

· Record date: Friday, 15 December 2017

· Paid date: Tuesday, 19 December 2017

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

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For enquiries:

Jonathan Viet Luu / Joel Weiden VinaCapital Investment Management LimitedInvestor Relations / Communications+84 28 3821 9930jonathan.luu@vinacapital.com / 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