PXP Vietnam Fund : 08 Apr 2014 - PXPVF - NAV 31 Mar 2014 & C Shares update

8 April 2014

The unaudited Net Asset Value per Ordinary Share ("NAV") of PXP Vietnam Fund
Limited ("the Company") as at the close of business on 31 March 2014 was US$7.373
Performance to 31 March 2014:
Monthly NAV performance: +2.95% (Viet Nam Index: +0.93%)
Year-to-date NAV performance: +19.93% (Viet Nam Index: +17.23%)
The monthly performance figures are calculated by reference to the previous month- end NAV / Viet Nam Index. The year-to-date performance figures are calculated by reference to the NAV / Viet Nam Index at the end of the last calendar year. Viet Nam Index performance is presented in US dollar terms.

Further to the update on the C Share Offer contained in the NAV announcement on 10
March 2014, the Company continues to make progress with preparations for the launch of the C Share Offer as market conditions remain encouraging.

The issued capital of the Company is 12,000,000 Ordinary Shares with voting rights. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Transparency (Directive 2004/109/EC) Regulations.
For the latest NAV daily estimates, see the website of the Investment Manager at www.pxpam.com
For further information, please contact:

ir@pxpam.com

Gary Gould
Stuart Klein

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