Conditional agreement on Solar Energy investment

Press Release 22 September 2014

All Asia Asset Capital Limited

("All Asia Asset Capital", "AAA" or the "Company")

Conditional agreement on Solar Energy investment

All Asia Asset Capital (AIM: AAA), an investment company focused on investing in the growing markets of the Asia Pacific region, is pleased to announce that it has entered a conditional subscription agreement (the "Agreement") with Terrigena One German Solar Limited ("Terrigena"), a company established under Hong Kong law. Terrigena engages in the sourcing, identification, acquisition, financing and execution of transactions and investment opportunities in the solar and green technology industries.

Terrigena is a wholly-owned subsidiary of Terrigena European Securities S.a.r.L ("Terrigena Luxembourg"), a company established in Luxembourg that recently completed a transaction with Centrosolar Sonnenstromfabrik GmbH. In this transaction, Terrigena Luxembourg acquired all the assets, including all equipment, machinery, intellectual property but excluding real estate, land, buildings and personnel (the "Assets") of a 210 MWp factory located in Wismar, Germany. The Assets were acquired from Centrosolar Group AG, one of the leading and largest solar panel manufacturers in Europe. Terrigena Luxembourg has transferred the Assets to Terrigena. Terrigena, which is seeking potential purchasers for the Assets, is intending to move the Assets to Asia where they can be installed and used in the production of solar panels to meet the high energy demand of the region.

Under the Agreement, the Company and Terrigena intend that AAA will acquire 5% of the issued equity of Terrigena (the "Transaction"). The consideration for the Transaction (the quantum of which is dependent upon AAA due diligence) is to be satisfied by issuing new ordinary shares in AAA (the "Consideration Shares"). The Transaction is conditional, inter alia on: i) satisfactory completion of AAA's financial and legal due diligence on Terrigena and the Assets; and ii) admission of the Consideration Shares to trading on AIM. Should either of these conditions not be satisfied (which the Board of AAA expect to occur with in a couple of months) then the Transaction will not proceed.

Further announcements will be made by AAA as appropriate.

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About AAA

AAA is an investment company that has been established as a platform for investors looking to access growing markets in the Asia Pacific region. The Company invests in a portfolio of companies with at least the majority of operations (or early-stage companies that intend to have at least the majority of their operations) in the Asia Pacific region in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property and/or technology. AAA is publicly quoted and its shares are traded on the AIM Market, which is operated by the London Stock Exchange.