RNS Number:3563U
Beta Vietnam Fund Ld
10 April 2002


                              COMPANY ANNOUNCEMENT




For immediate release                               10 April 2002



                           BETA VIET NAM FUND LIMITED




         Re: Shareholdings in Excess of 10% of the Issued Share Capital


The Board of Directors of Beta Viet Nam Fund Limited (the "Company") wish to
announce the following shareholdings in the Company, for Shareholders who
directly and indirectly (as far as the Directors are aware) hold in excess of
10% of the issued share capital of the Company:

Holdings at 31 March 2002:-


Shareholder                                                            No of Shares      % of Issued

                                                                                        Share Capital


N.C.B Trust Limited                                                         434,233         10.83

A/C Bear
Vidacos Nominees Limited                                                                    23.65
                                                                            948,137
A/C DMGP

Citvic Nominees Limited                                                     842,034         21.01



Enquiries

Beta Funds Limited     Carmen Hakham           Phone: (+44 20 7) 353 2066

NCB Stockbrokers Limited   Conor Murphy        Phone: (+353 1) 611 5907



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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