VNL director/PDMR shareholding

RNS
21 July 2010

VinaLand Limited

Director Shareholding

VinaLand Limited (the "Company") today announces that on 19 July 2010, Michael Arnold, a Director of the Company, acquired an indirect interest in the Company following the acquisition by a family-owned trust of 64,500 ordinary shares of US$1.00 each ("Ordinary Shares") at an average price of $0.78 per Ordinary Share.

As a result of this transaction, Mr. Arnold has an indirect interest of 64,500 Ordinary Shares in the Company representing 0.013 percent of the Company's total voting rights.

Enquiries:
Michael L. Gray
VinaCapital Investment Management Limited
Investor Relations/Communications
+84 8 821 9930
michael.gray@vinacapital.com

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

Philip Secrett
Grant Thornton, Nominated Adviser
+44 20 7383 5100
philip.j.secrett@gtuk.com

Alastair Hetherington
Financial Dynamics, Public Relations (Hong Kong)
+852 3716 9802
alastair.hetherington@fd.com

Andrew Walton
Financial Dynamics, Public Relations (London)
+44 2072697204
andrew.walton@fd.com

Notes for editors:
About VinaLand Limited
VinaLand Limited (VNL.L) is a closed end fund trading on the London Stock Exchange (AIM). Launched in 2006, VNL is the largest listed fund for investment in Vietnam's emerging real estate sector. The fund focuses on the key growth sectors including residential, office, retail, hospitality and leisure, and high tech/industrial properties. The manager's objective is to provide shareholders with an attractive level of income as well as creating a potential for capital growth. More information can be found at www.vinacapital.com/vnl.

About VinaCapital Group
VinaCapital Group is the leading asset management and financial services group in Vietnam. The Group combines its deep market experience and networks to generate strategic investment and financing products, alongside merger and acquisition activities. VinaCapital manages total assets valued at USD1.8 billion at June 2010. VinaCapital also has a dominant stake in VinaSecurities JSC, a brokerage firm. VinaCapital currently employs over 200 investment personnel in its offices in Ho Chi Minh City, Hanoi, Danang, Nha Trang and Hong Kong. More information on the Group can be found at www.vinacapital.com.