Director/PDMR Shareholding

8 August 2012

VinaLand LimitedDirector ShareholdingVinaLand Limited (the "Company") today announces that on 7 August 2012, Michael Arnold, a non-executive Director of the Company, acquired an indirect interest in the Company following the acquisition by a family-owned trust of 40,000 ordinary shares of US$1.00 ('Ordinary Shares') at an average price of USD0.48 per ordinary share.As a result of this transaction, Mr. Arnold has an indirect interest of 124,500 Ordinary Shares in the Company, representing 0.03 percent of the Company's total voting rights.

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

Enquiries:

David Dropsey VinaCapital Investment Management LimitedInvestor Relations/Communications+84 8 821 9930[email protected] Philip SecrettGrant Thornton Corporate Finance, Nominated Adviser+44 (0)20 7383 5100[email protected] Hiroshi FunakiLCF Edmond de Rothschild Securities, Broker+44 (0)20 7845 5960[email protected] David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000 Mark WaltersFTI Consulting, Public Relations (Hong Kong)+852 3716 9802[email protected] Andrew WaltonFTI Consulting, Public Relations (London)+44 (0)20 7269 7204[email protected]