Share Buy Back and Cancellation

For immediate release

VietNam Holding Limited

('VNH' or the 'Company')

Share Buy Back and Cancellation

VietNam Holding Limited announces that on 23 March 2018, it purchased 212,359 ordinary shares of par value $1 each ("Ordinary Shares") in the Company at an average price of US$2.9963 per Ordinary Share.

All Ordinary Shares repurchased by the Company under VNH's share repurchase programme are to be cancelled upon repurchase.

Following the above purchase and cancellation, VNH has 67,986,609 Ordinary Shares with voting rights in issue and no shares held as Treasury Shares.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

VietNam Holding Limited

For more information please contact:

VietNam Holding Asset Management Limited Tel: +44 781 078 5933

[email protected]

www.vietnamholding.com

finnCap Limited

Broker and Nominated Advisor

Trading: Johnny Hewitson Tel: +44 20 7220 0558

Sales: Mark Whitfeld Tel: +44 20 3772 4697

Corporate Finance: William Marle / Giles Rolls Tel: +44 20 7220 0500

Buchanan Communications Tel: +44 20 7466 5000

Financial Public Relations

Charles Ryland / Vicky Hayns