RNS No 0303k
BETA VIETNAM FUND LIMITED
13 August 1999


Re: Proposed Cash Return to Shareholders

CONTACT: Odhran O'Reilly, NCB Stockbrokers Limited                            
                          PH:  353 1 661 5907


COPIES OF THE ABOVE ANNOUNCEMENT ARE AVAILABLE FROM THE COMPANY ANNOUNCEMENTS
OFFICE, IRISH STOCK EXCHANGE, 28 ANGLESEA STREET, DUBLIN 2.   


END

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