Initial Investment

RNS Number:3672K
Vision Opportunity China Fund Ltd
20 December 2007


   NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN THE UNITED STATES, CANADA,
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20 December 2007


                     Vision Opportunity China Fund Limited


                               Initial Investment


Vision Opportunity China Fund Limited ("VOC") (AIM:VOC.L) announces the
completion of its first investment since listing on the AIM market. The Company
has made a $2.56 million investment in Astrata Group, Inc. (OTCBB:ATTG).
Astrata, based in Singapore, designs, develops, manufactures and sells
location-based IT services and solutions for homeland security and commercial
applications, worldwide.


In return for its investment, VOC received the following:


   *preferred shares that are convertible into common shares of Astrata at
    $0.70 per share;
   *warrants to purchase approximately 1.83 million common shares of Astrata
    at a purchase price of $1.00 per share and an additional 1.83 million common
    shares at $1.50 per share; and
   *the right to purchase an additional $2.56 million of preferred shares
    over the next 12 months with warrants to purchase approximately 1.83 million
    common shares of Astrata at a purchase price of $1.25 per share and warrants
    to purchase 1.83 million common shares of Astrata at a purchase price of
    $1.75 per share receivable upon making the additional investment.


VOC acted as the lead investor in the $3 million total financing, co-investing
alongside Vision Opportunity Master Fund Ltd, which is chartered and managed
independently from VOC. Astrata is an advanced location-based IT services and
solutions (telematics) business that enables businesses and institutions to
monitor, trace and control the movement and status of machinery, vehicles,
personnel or other assets. It has offices in Asia, the US and Europe.



The co-investment is in accordance with VOC's allocation guidelines and has been
approved by VOC's Investment Committee.


"We have watched Astrata successfully grow its business from a single contract
with the Singapore government to a substantial operation with contracts worth
more than $120 million with several sovereign governments and commercial
institutions. The business has also secured a major supply agreement with
Siemens AG (XETRA:SIE.DE)" stated Adam Benowitz, the portfolio manager of VOC at
Vision Capital Advisors, LLC.


Enquiries to:


Vision Opportunity China Fund Limited
David Benway, Director / Adam Benowitz, Portfolio Manager
www.vocfund.com                    Tel: [phone]


Fairfax I.S. PLC
Paul Richards/ James King          Tel: [phone]


Bankside Consultants Limited
Simon Rothschild/Oliver Winters    Tel: [phone]


NOTE TO EDITORS


Vision Opportunity China Fund Limited


Vision Opportunity China Fund Limited ("VOC") is a closed end listed fund traded
on the AIM market of the London Stock Exchange plc (AIM) with current assets
under management of approximately $95 million. VOC primarily invests directly in
listed companies with operations principally within Greater China.

Greater China is a collective term for the territories administered by the
People's Republic of China, those administered by the Republic of China and
Singapore.


Astrata Group, Inc.


Astrata Group, Inc., (OTC Bulletin Board: ATTG - News) is a US listed company.
Astrata is focused on advanced location-based IT services and solutions
(telematics) that combine GPS positioning, wireless communications (satellite or
terrestrial) and geographical information technology, which together enable
businesses and institutions to monitor, trace and control the movement and
status of machinery, vehicles, personnel or other assets. Astrata has designed,
developed, manufactured and currently supports seven generations of telematics
systems with units deployed worldwide.


Astrata has offices throughout the world including the United States, Europe and
Asia. For further information, please visit www.astratagroup.com.




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

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