Net Asset Value(s) - Replacement

CORRECTION: Net Asset Value(s)

The following amendments have been made to the 'Net Asset Value(s)' announcement released on 5 April 2019 at 14:09pm under RNS No 3272V.

The net asset value stated should read 'USD537,518 or USD0.0037 per share' rather than 'USD527,154 or USD0.0036 per share' as previously stated. Consequently the represented percentage increase should read '2.5%' rather than '2.6%' as previously stated.

All other details remain unchanged.

08 April 2019

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

Net Asset Value

The Company announces that, as at the close of business on 31 March 2019, its unaudited net asset value (NAV) was USD537,518 or USD0.0037 per share. This represents a 2.5% increase from the reviewed net asset value per share at its close of business on 31 December 2018.

Enquiries:

Michael Truong / Joel WeidenVinaCapital Investment Management LimitedInvestor Relations / Communications+84 28 3821 9930[email protected] / [email protected]

Philip SecrettGrant Thornton UK LLP, Nominated Adviser+44 (0)20 7383 5100[email protected]

David Benda / Hugh JonathanNumis Securities Limited, Broker+44 (0)20 7260 1000[email protected]