VNL appointment of new Chairman

01 November 2013

VinaLand Limited

Appointment of new Chairman

VinaLand Limited ("the Company" or "VNL"), the AIM-quoted investment vehicle established to target strategic segments within Vietnam's emerging real estate market, announces that Mr. Michel Casselman has been appointed to the role of Chairman of the Company, effective 1 November 2013. Mr. Casselman will replace Mr. Nicholas Brooke, who has retired as Chairman however will remain a member of the Board. Mr. Brooke has been Chairman since March 2010.
 
Incoming Chairman, Mr. Michel Casselman stated, "We would like to thank Nicholas for his invaluable leadership of the Company over the last 3.5 years as Chairman. We are especially grateful for his oversight and contributions to the Company as a Director over the past 8 years, in particular, during the lead up to the continuation vote and subsequent new term which incorporated a revised investment policy and three year realisation strategy as a result of the successful EGM vote in November 2012. Going forward, we hope to continue to work closely with shareholders and the Invesment Manager to see cash being returned to our shareholders over the next two years.”

More information on VinaLand Limited 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 7383 5100
philip.j.secrett@uk.gt.com
 
Hiroshi Funaki
Edmond de Rothschild Securities, Broker
+44 (0)20 7845 5960
funds@lcfr.co.uk   
 
David Benda / Hugh Jonathan
Numis Securities Limited
+44 (0)20 7260 1000
funds@numis.com
 
Andrew Walton
FTI Consulting, Public Relations (London)
+44 20 7269 7204
andrew.walton@fticonsulting.com