VNL director/PDMR shareholding

18 January 2011

Vinaland Limited

Director Shareholding

Vinaland Limited (the "Company") today announces that on 17 January 2011, Don Lam, a Director of the Company, purchased 100,000 ordinary shares of US$1.00 each (‘Ordinary Shares’) at an average price of $0.995 per ordinary share.

As a result of this transaction, Mr. Lam has a direct interest of 2,557,250 Ordinary Shares and an indirect interest of 1,072,583 of Ordinary Shares in the Company, representing a combined 0.726 percent of the Company's total voting rights.

Michael L. Gray
VinaCapital Investment Management Limited
Investor Relations
+84 8 821 9930

Philip Secrett
Grant Thornton Corporate Finance, Nominated Adviser
+44 20 7383 5100

Hiroshi Funaki +44 20 7845 5960
LCF Edmond de Rothschild Securities, Broker

Alastair Hetherington
Financial Dynamics, Public Relations (Hong Kong)
+852 3716 9802

Andrew Walton
Financial Dynamics, Public Relations (London)
+44 2072697204