VNL Third party offer discussions ceased

14 February 2014

VinaLand Limited

Third party offer discussions ceased

Ho Chi Minh City – VinaLand Limited (“the Company” or “VNL”), the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, previously announced on 9 December 2013 the Company was in preliminary discussions with a third party that could potentially lead to an offer for some or all of VNL's ordinary shares, a disposal of some or all of VNL's assets or a transaction with a similar effect.  The Company announces today that these discussions with this third party have now ceased. The Board and Manager of VNL remain confident regarding the future direction of VNL and its realisation strategy endorsed in late 2012.

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
david.dropsey@vinacapital.com

Philip Secrett
Grant Thornton UK LLP, Nominated Adviser
+44 (0)20 7583 5100
philip.j.secrett@uk.gt.com

 
Hiroshi Funaki
Edmond de Rothschild Securities, Broker
+44 20 7845 5960
funds@lcfr.co.uk

David Benda / Hugh Jonathan
Numis Securities Limited, Broker
+44 (0)20 7260 1000
funds@numis.com


Andrew Walton
FTI Consulting, Public Relations (London)
+44 (0)20 7269 7204
andrew.walton@fticonsulting.com