CSOL China Solar and Clean Energy Solutions Inc (PK)

Camposol S.A. ("Camposol" or the "Company") announced today that it has received the requisite consents from the holders of a majority in principal outstanding amount of its 9.875% Senior Notes due 2017 (the "Notes") as of 5:00 p.m., New York City time, on April 16, 2014, pursuant to the Company's previously announced consent solicitation (the "Consent Solicitation") dated April 8, 2014.

As a result of receiving the requisite consents, the Company has executed a supplemental indenture to the indenture governing the Notes. The effectiveness of the waiver set out in the Consent Solicitation and the payment of the consent fee (the "Consent Fee") of $5.00 in cash per $1,000 in principal amount of the Notes to the consenting holders are subject to the satisfaction or waiver by the Company of the conditions of the Consent Solicitation, including the incurrence by the Company of up to US$75 million in principal amount of additional indebtedness on or before May 15, 2014.

Credit Suisse Securities (USA) LLC and Santander Investment Securities, Inc. acted as the solicitation agents with respect to the Consent Solicitation.

This press release is for informational purposes only and is not a solicitation of consent with respect to the Notes or any other securities. The consent solicitation has been made solely pursuant to the Notice of Consent Solicitation and the related letter of consent, which sets forth the complete terms of the Consent Solicitation.

About Camposol

Camposol is the leading agro industrial company in Peru, the largest exporter of white asparagus and the largest producer of Hass avocadoes in the world as measured by the number of planted hectares. It is involved in the harvest, processing and marketing of high quality agricultural products such as avocadoes, asparagus, blueberries, grapes, mangoes, peppers, artichokes, tangerines and shrimps; which are exported to key markets in Europe, the United States and Asia.

Forward-Looking Statements

This press release may contain forward-looking information and statements regarding the Company and the Consent Solicitation. Any statements included in this press release that address activities, events or developments that the Company will or may occur in the future are forward looking statements, these include among others, statements as to: (i) the expected payment of the Consent Fee, and (ii) the anticipated incurrence of new indebtedness, which is expected to be an issue of additional Notes under the Indenture dated as of February 2, 2012. Actual results may differ materially due to a variety of important factors, such factors might include: changed market conditions, changes in the exchange rate of the Peruvian Nuevo Sol against the U.S. dollar, the participation of and level of participation by the holders of the Notes in the Consent Solicitation and other factors listed in the Notice of Consent Solicitation under "Statement Regarding Forward Looking Statements." Except as required by law, the Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change.  Do not place undue reliance on forward-looking information.

Contact Details

Maria Cristina Couturier, Chief Financial Officer Phone: +511-634-4100 Email: mcouturier@camposol.com.pe