Sale of China Security & Surveillance Technology (8969E)

TIDMVOC

RNS Number : 8969E

Vision Opportunity China Fund Ltd

14 April 2011

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN

14 April 2011

Vision Opportunity China Fund Limited

(the "Company" or "VOC")

Sale of China Security & Surveillance Technology Inc.

Vision Opportunity China Fund Limited (AIM: VOC.L) today reports that it has sold all shares of common stock held by it in China Security & Surveillance Technology, Inc. (NYSE:CSR) through a series of on-market transactions. CSR is a one-stop solutions provider and consolidator in China's fast growing security and surveillance industry.

The shares of common stock were previously acquired on 27 May 2010 for $8.0 million, or $4.00 per share, as part of a $60.0 million underwritten secondary public offering. No dividends were paid on the shares during VOC's ownership. The total sale proceeds of approximately $10.2 million in cash, or at an average price of $5.10 per share, resulted in a realised gain of $2.2 million. It is expected that the net proceeds will be held in cash or invested in near cash investments in the short term.

For further information, please contact:

Vision Opportunity China Fund Limited Tel: [phone]

David Benway / Adam Benowitz

Canaccord Genuity Limited Tel: [phone]

Guy Blakeney / Sue Inglis

Financial Dynamics Tel: [phone]

Ed Gascoigne-Pees / Ed Berry

NOTE TO EDITORS

Vision Opportunity China Fund Limited is a closed-ended fund traded on AIM. 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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