Winter Orange Crop (1585Z)

TIDMACHL

RNS Number : 1585Z

Asian Citrus Holdings Ltd

10 January 2011

Asian Citrus Holdings Limited

("Asian Citrus" or "the Group")

25.5% increase in Winter Orange Crop

Asian Citrus, the largest orange plantation owner and the single largest orange producer in China, announces that the total Winter Orange crop yield of the Group's two operational plantations was approximately 143 698 tonnes, representing an increase of approximately 25.5% from the Group's total Winter Orange crop yield in 2009.

The Winter Orange crop from the Group's Hepu Plantation dropped from approximately 54,511 tonnes last year to approximately 50,517 tonnes in the current year, representing a decrease of approximately 7.3%, which was due to the ongoing replanting programme. During the year ended 30 June 2010, 64,194 Winter Orange trees were removed and replanted with the same number of the Summer Orange trees.

In addition, the Winter Orange crop from the Group's Xinfeng Plantation increased from approximately 60,019 tonnes last year to approximately 93 181 tonnes in the current year, representing an increase of approximately 55.3%.

In the full year to 30 June 2010, sales of Winter Oranges produced 49.5% of the revenue from sales of oranges, with Summer Oranges accounting for the balance.

For further enquires:

 
 Asian Citrus 
 Eric Sung, Finance Director                +852 2559 0323 
 
 Seymour Pierce Limited 
 Nandita Sahgal, Jonathan Wright (NOMAD)    020 7101 8000 
 Leti McManus, Richard Redmayne, Vineeta 
  Manchanda (Broking) 
 Weber Shandwick Financial                  020 7067 0700 
 Nick Oborne, Stephanie Badjonat, 
  John Moriarty

This information is provided by RNS

The company news service from the London Stock Exchange

END

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