Vietnam Equity Holding (VEH) to hold Annual General Meeting (AGM) Press Release

VEH 27th May, 2009

Vietnam Equity Holding (the “Company”) is pleased to announce its first Annual General Meeting (“AGM”) to be held at Salon 1, Mezzanine, Park Hyatt Saigon, 2 Lam Son Square, District 1, Ho Chi Minh City, Vietnam on Friday June 12, 2009 at 14:30 Vietnam time.

The purpose of the AGM is to consider and approve the audited financial statements, director’s report and auditor’s report of the Company for the fiscal year ended December 31, 2008. The narrative Annual Report of the Company is available in our investor only section now.

About Saigon Asset Management:

Vietnam Equity Holding is an exempted company incorporated in the Cayman Islands with on August 9, 2007. The Company was listed on the Frankfurt Stock Exchange on November 30, 2007. Vietnam Equity Holding was placed as the top performing Vietnam equity focused fund in 2008 by LCF Rothschild.

The Company is managed by Saigon Asset Management Corporation, a company incorporated under the laws of the Cayman Islands. For more information please visit www.saigonam.com.

Should you have any question, please email them to me at IR@saigonam.com.