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Conversion of Securities

3rd Feb 2006 07:00

Asian Citrus Holdings Ltd03 February 2006 3 February 2006 Asian Citrus Holdings Limited ("Asian Citrus'" or "the Company") Conversion of Loan Notes into Ordinary Shares Asian Citrus, announces the issue of 1,226,087 ordinary shares of HK$0.10 eachin the Company ("Ordinary Shares"), representing approximately 1.98% of theenlarged issued share capital of the Company, to Mr. Yim Hin Keung followingreceipt of a conversion notice for HK$20,000,000 of the unsecured convertibleloan notes 2008 that were issued by the Company on 14 July 2005. Application will be made today to the London Stock Exchange for the OrdinaryShares, which will rank pari passu with the existing Ordinary Shares in issue,to be admitted to trading on AIM, and admission is expected to become effectiveon 8 February 2006. For Further Information Contact: Terry Garrett/ John Moriarty/Helen ThomasWeber Shandwick Square Mile 0207 067 0700 This information is provided by RNS The company news service from the London Stock Exchange

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ACHL.L
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