Share Buyback

23 December 2011

VinaLand Limited

Share buyback

VinaLand Limited ('the Company' or 'VNL') announces that on 22 December 2011, pursuant to the share buyback programme announced on 14 October 2011, the Company purchased 125,000 Ordinary Shares of US$0.01 each at an average price of US$0.67 per share. 

Following this transaction, the 125,000 Ordinary Shares will be cancelled. The total number of Ordinary Shares in issue will be 497,483,622 and the total number of voting rights in the Company will be 497,483,622.

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

Enquiries:

Michael L. Gray

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

michael.gray@vinacapital.com

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

philip.j.secrett@uk.gt.com

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

funds@lcfr.co.uk

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

+852 3716 9802

mark.walters@fticonsulting.com 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

andrew.walton@fticonsulting.com