Vinacapital Vietnam Opp Fund Limited : VOF share buyback programme update

25 January 2013

VinaCapital Vietnam Opportunity Fund Limited

Share buyback programme update

VinaCapital Vietnam Opportunity Fund Ltd ('VOF', the 'Company') today announces that the Company is about to enter a close period ahead of the notification of its interim results for the half year ended 31 December 2012.

Pursuant to the share buyback authority granted to the Company's Board of Directors on 25 October 2011, the Company has appointed Edmond de Rothschild Securities ('Rothschild Securities') to manage an irrevocable, non-discretionary share buy-back programme until the date on which the Company's interim results are notified, which is expected to be by the end of March 2013. Rothschild Securities will seek to acquire shares of VOF in the market and attempt to place them with new and existing investors, at the same consideration that Rothschild Securities acquired them. In the event that Rothschild Securities is unable to find investors to purchase, some or all of said shares; the Company will repurchase them as part of the ongoing buyback programme at the same consideration as they were acquired in the market.  During this period the Company and its directors have no power to invoke any changes to the programme and it is being done at the sole discretion of Rothschild Securities.

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

Enquiries:

David Dropsey
VinaCapital Investment Management Limited
Investor Relations/Communications
[phone]
[e-mail]

Philip Secrett
Grant Thornton Corporate Finance, Nominated Adviser
[phone]
[e-mail]

Hiroshi Funaki
Edmond de Rothschild Securities, Broker
[phone]
[e-mail]

David Benda / Hugh Jonathan
Numis Securities Limited, Broker
[phone]
[e-mail]

Mark Walters
FTI Consulting, Public Relations (Hong Kong)
[phone]
[e-mail]

Andrew Walton
FTI Consulting, Public Relations (London)
[phone]
[e-mail]