VAMLBDMF1 Corporate Disclosure — 12 December 2017

(Emphasis of Matter): The auditor of the Fund has given the following 'Emphasis of Matter' paragraph in the audit report of the company prepared for the year ended on 30 September 2017. Emphasis of Matter: Without qualifying our report, we would like to draw the attention to the accompanying note 4.3(b) to the accompanying financial statements that fund holds: (i) 1,333,334.00 (including 666,667.00 bonus shares) ordinary shares in AND Telecom Limited, representing (cont.1)