Share buyback

23 September 2013

VinaLand Limited

Share buyback

VinaLand Limited ('the Company' or 'VNL') announces that on 20 September 2013, pursuant to the share buyback authority added to the Company's Memorandum and Articles of Association on 10 December 2010 and in accordance with the terms referenced in the share buyback programme update announcement on 13 August 2013, the Company purchased 200,000 Ordinary Shares of USD0.01 each at an average price of USD0.4075 per share. 

Following this transaction, VNL has spent USD10.2 million overall repurchasing 19,719,395 shares which have been cancelled. This represents 3.94 percent of the Company's 499,967,622 Ordinary Shares in issue prior to the beginning of the share buyback program and as a result, total voting rights in the Company have been reduced to 480,248,227.  

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

Enquiries:

David Dropsey

VinaCapital Investment Management Limited

Investor Relations/Communications

+84 8 821 9930

[email protected]

Philip Secrett

Grant Thornton UK LLP, Nominated Adviser

+44 (0)20 7383 5100

[email protected]

Hiroshi Funaki

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

[email protected]

Andrew Walton

FTI Consulting, Public Relations (London)

+44 (0)20 7269 7204

[email protected]