Net Asset Value(s)

23 October 2013

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

Net Asset Value

The Company announces that, at its close of business on 30 September 2013, its unaudited net asset value (NAV) was USD443.7 million or USD0.92 per share. This represents a 1.1 percent decline from an audited net asset value per share of USD0.93 from its close of business on 30 June 2013. 

About the Company:VinaLand Ltd ("VNL") is a closed-end fund trading on the AIM Market of the London Stock Exchange. The fund focuses on key growth segments within Vietnam's emerging real estate market, including residential, mixed use including retail, hospitality and township (large-scale) projects. The manager's objective is to provide shareholders with capital growth and distributions derived from project divestments. The fund is managed by VinaCapital Investment Management, with VinaCapital Real Estate acting as development adviser.More information is available at www.vinacapital.com/vnl Enquiries:David DropseyVinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 9930david.dropsey@vinacapital.com Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100philip.j.secrett@uk.gt.com Hiroshi FunakiEdmond de Rothschild Securities, Broker+44 (0)20 7845 5960funds@lcfr.co.uk David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000funds@numis.com Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204andrew.walton@fticonsulting.com