Major Interests in Shares

FOR IMMEDIATE RELEASE May 21, 2009, Ho Chi Minh City, Vietnam INDOCHINA CAPITAL VIETNAM HOLDINGS LIMITED TR1: NOTIFICATION OF MAJOR INTERESTS IN SHARES Identity of the issuer or the underlying issuer of existing shares to which voting rig 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: Weiss Capital LLC 4. Full name of shareholder (s) (if different from 3. ) iv: Brookdale International Partners LP, Brookdale Global Opportunity Fund 5. Date of the transaction and date on which the threshold is crossed or reached: 19 May, 2009 6. Date on which issuer notified: 20 May, 2009 7. Threshold (s) that is/are crossed or reached: 20% 8. Notified details: A: Voting rights attached to shares Class/Type Situation previous Resulting situation after the triggering of to transaction shares the Triggering transaction Number of Number of Number of Number of voting % of voting Shares Voting shares rights rights Rights Direct Direct Indirect Direct Indirect Ordinary 4,569,848 4,569,848 9,934,687 9,934,687 21.8% shares- VGG476901050 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/Conversion Number of % of financial date Period/Date voting voting instrument rights rights that may be acquired if the instrument is exercised/ converted Total (A+B) Number of voting % of voting rights rights 9,934,687 21.8% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Brookdale International Partners LP: 14.2% Brookdale Global Opportunity Fund: 7.6% 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: N/A 14. Contact name: Georgiy Nikitin 15. Contact telephone number: +1 617 778 7725 END OF ANNOUNCEMENT ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.