Transaction in Own Shares

VinaCapital Vietnam Opportunity Fund Limited (the "Company")

(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 61765)

Transaction in Own Shares

2 December 2016

On 2 December 2016 the Company purchased the following amount of shares:

• 500,000 ordinary shares of USD0.01 each in the capital of the Company designated as US Dollar shares (“US Dollar Shares”) at a price of GBP2.5165 per share.

These shares will be held as treasury shares.

Following the above transaction of the relevant US Dollar shares, the total number of shares in issue of the Company will be as follows:

Total number of treasury shares held  by the Company following the transactions described above	Number of shares in issue less shares held in treasury following the transaction as described above
3,585,000 US Dollar Shares	207,761,258 US Dollar Shares

From 2 December 2016, the total number of voting rights in the Company is 207,761,258.

More information on the Company is available at www.vof-fund.com

Enquiries:

Jonathan Luu
VinaCapital Investment Management Limited
Investor Relations
[phone]
[e-mail]

Joel Weiden
VinaCapital Investment Management Limited
Communications
[phone]
[e-mail]

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

Franczeska Hanford / Martin Bourgaize
Northern Trust International Fund Administration Services (Guernsey) Limited, Company Secretary
[phone]
[e-mail] / [e-mail]