This is a replacement announcement for the one released on 30 May 2017 at 13.07. The only amendment is to the headline of the announcement.

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)

Director Dealing
30 May 2017

Pursuant to Disclosure Rule 3.1, the Company is obliged to notify the market of Director’s holdings or interests of the Directors or their connected persons in shares of the Company.

The Company was notified on 30 May 2017 that the following holding of Ordinary Shares was acquired and is beneficially held by Steve Bates, the Chairman of the Company:

Purchased

• 25,000 Ordinary Shares at GBP 2.86165 per share.

Following this purchase, Mr Bates now holds a total of 25,000 Ordinary Shares in the Company.

Enquiries:

Company website:        www.vof-fund.com

Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Franczeska Hanford       
Tel:        +44 (0) 1481 745001