RNS Number:7339G
Beta Vietnam Fund Ld
28 January 2003

                              COMPANY ANNOUNCEMENT

                    FOR IMMEDIATE RELEASE 28th January 2003

                           BETA VIET NAM FUND LIMITED

                          Re: RESIGNATION OF AUDITORS


The Directors of Beta Viet Nam Fund Limited (the "Company") announce that
PricewaterhouseCoopers have resigned as Auditors of the Company.

The Directors are currently in discussions with new auditors and will make a
further announcement in due course.


Enquiries:


NCB Stockbrokers Limited
Ms Tara O'Grady
Phone: + 353 1 611 5907

Bachmann Fund Administration Limited
Ms. Marie Palmer
Phone: +44 1481 723573



This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.

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

MSCZGGZMVRGGFZM

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