Major interests in shares

2009-11-10 08:45:02 -

London, November , 10, 2009

FOR IMMEDIATE RELEASE

Nov 10, 2009, Ho Chi Minh City, Vietnam







             INDOCHINA CAPITAL VIETNAM HOLDINGS LIMITED

           TR1: NOTIFICATION OF MAJOR INTERESTS IN SHARES







1. Identity of the issuer or the underlying issuer of existing shares

to which voting rights are attached: Indochina Capital Vietnam

Holdings Limited.

2. Reason for the notification: An acquisition or disposal of voting

rights.

3. Full name of person (s) subject to the notification obligation:

Integrated Core Strategies (Europe) S.ar.l.

4. Full name of shareholder (s) (if different from 3. ) iv:  N/A

5. Date of the transaction and date on which the threshold is crossed

or reached: 6 November, 2009

6. Date on which issuer notified: 9 November, 2009

7. Threshold (s) that is/are crossed or reached: 8.94%*

8. Notified details:





A: Voting rights attached to shares

   Class/Type of    Situation previous  Resulting situation after the triggering

      shares         to the Triggering                transaction

                        transaction

                    Number of Number of Number  Number of voting   % of voting

                     Shares    Voting     of         rights          rights

                               Rights   shares

                                        Direct  Direct  Indirect Direct Indirect

     Ordinary       4,145,374 4,145,374 780,784 780,784          8.64%

shares-VGG476901134













B: Financial

Instruments

Resulting situation after the triggering

transaction

Type of     Expiration Exercise/Conversion Number of voting    % of

financial   date       Period/Date         rights that may be  voting

instrument                                 acquired if the     rights

                                           instrument is

                                           exercised/

                                           converted

















C: Financial Instruments with similar economic effect to Qualifying

Financial Instruments

Resulting situation after the

triggering transaction

Type of       Exercise Expiration Exercise/  Number of  % of voting

financial     price    date       Conversion voting     rights

instrument                        Period     rights

                                             instrument

                                             refers to

     CFD        N/A       N/A        N/A       27,050   Nominal Delta

    ISIN:

VGG476901134                                             0.30%   N/A







Total (A+B)

Number of voting rights     % of voting rights

          807,834                 8.94%





9.    Chain of controlled undertakings through which the voting

rights and/or the financial instruments are effectively held, if

applicable:





Proxy Voting:

10. Name of the proxy holder:     N/A

11. Number of voting rights proxy holder will cease to hold:  N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information: *Percentage ownership based upon

outstanding share number of 9,034,984 Ordinary Shares with voting

rights. This updated outstanding share number was pursuant to a

compulsory repurchase by the issuer.

14. Contact name: Jonathan Lay

15. Contact telephone number: +44 (0) 20 7107 8444







                         END OF ANNOUNCEMENT



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