TIDMACHL 
 
RNS Number : 2437K 
Asian Citrus Holdings Ltd 
15 April 2010 
 

 
                                                                   15 April 2010 
                          Asian Citrus Holdings Limited 
                        ("Asian Citrus" or "the Group") 
 
                          Memorandum of Understanding 
 
Asian Citrus, the largest orange plantation owner and the single largest orange 
producer in China, announces that it has entered into an Memorandum of 
Understanding with Guangxi Lixin State Owned Farm in relation to the Proposed 
Acquisition of a citrus fruit plantation located in Fuchuan County in the 
Guangxi Zhuang Autonomous Region in the PRC.  The Vendor is considered to be one 
of the largest owners and operators of citrus fruit plantations in the PRC and 
the Proposed Acquisition is in line with the business strategy and activities of 
Asian Citrus. 
 
The plantation consists of approximately 1.1 million citrus fruit trees and 
ancillary facilities and occupies a land area of approximately 10,000 mu 
(approximately 6.67 sq.km).  The plantation is currently in operation and would 
therefore provide Asian Citrus with immediate revenue and profit. 
 
Under the Memorandum of Understanding, the Vendor has agreed that it will not 
negotiate with any third party for the sale and transfer of the plantation up to 
31 January 2011. 
 
The Board wishes to emphasize that no legally binding agreement in relation to 
the Proposed Acquisition has been entered into as at the date of the 
announcement. The final terms of the Formal Agreement (if any), including but 
not limited to the consideration, in relation to the Proposed Acquisition, have 
yet to be determined and finalised. As the Proposed Acquisition may or may not 
proceed, public investors and the shareholders of the Company are urged to 
exercise caution when dealing in the shares of the Company. 
 
 
For further information please contact: 
 
Weber Shandwick Financial 
    Tel: 020 7067 0700 
Terry Garrett, John Moriarty, Stephanie Badjonat 
 
J.P. Morgan Cazenove 
       Tel: 020 7588 2828 
James Mitford / Gina Gibson 
                020 7742 4000 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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