Share Buyback

7 December 2011

VinaLand Limited

Share buyback

VinaLand Limited ('the Company' or 'VNL') announces the following share purchases pursuant to the share buyback programme announced on 14 October 2011:

·; On 2 December 2011, the Company purchased 250,000 Ordinary Shares of US$0.01 each at an average price of US$0.735 per share.

·; On 6 December 2011, the Company purchased 225,000 Ordinary Shares of US$0.01 each at an average price of US$0.73 per share. 

Following these two transactions, the 475,000 Ordinary Shares will be cancelled. The total number of Ordinary Shares in issue will be 498,567,622 and the total number of voting rights in the Company will be 498,567,622.

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

[email protected]

Philip Secrett

Grant Thornton Corporate Finance, Nominated Adviser

+44 (0)20 7383 5100

[email protected]

Hiroshi Funaki

LCF Edmond de Rothschild Securities, Broker

+44 (0)20 7845 5960

[email protected]

David Benda / Hugh Jonathan

Numis Securities Limited, Broker

+44 (0)20 7260 1000

Mark Walters

FTI Consulting, Public Relations (Hong Kong)

+852 3716 9802

[email protected] 

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

[email protected]