Issue of Equity (0770Y)

TIDMACHL

RNS Number : 0770Y

Asian Citrus Holdings Ltd

16 December 2010

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Issue of shares in respect of the Placing of 175,000,000 new shares

to raise HK$1,510 million

Further to the announcement released by the Company on 23 November 2010 regarding the placing of 175,000,000 ordinary shares of HK$0.01 each ("Ordinary Shares") in the Company (the "Placing"), a Special General Meeting of the Company, to be held at 9:00 a.m. (Hong Kong time) on 28 December 2010 (the "SGM"), has being convened in order to propose shareholder resolutions to approve the Placing and to allot and issue 175,000,000 Ordinary Shares.

Application has today been made to the London Stock Exchange for the 175 000,000 placing shares, which will rank pari passu with the existing ordinary shares in issue, to be admitted to trading on AIM, contingent upon the passing of these shareholder resolutions at the SGM, and admission is expected to become effective on 29 December 2010.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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