Director Dealings

Asian Citrus Holdings Limited

("Asian Citrus" or "the Group")

Director dealings

Asian Citrus was notified on 31 December 2012 that Market Ahead Investments Limited and Mr. Nicholas Smith received 7,232,473 and 42,145 scrip dividend alternative to the dividends in the Company on 31 December 2012 at an offer price of HK$3.774 (equivalent to 30.74 pence) per share.

Market Ahead Investments Limited, the issued share capital of which is beneficially owned as to 76% by Mr. Tong Wang Chow, the Chairman and an executive Director, 6% by Mr. Tong Hung Wai, Tommy, an executive Director, 6% by Mrs. Tong Lee Fung Kiu, 6% by Ms. Tong Mei Lin and 6% by Mr. Lee Kun Chung. Following the scrip dividend, Market Ahead Investments Limited now holds 232,302,392 ordinary shares representing 18.921% of the Company's issued share capital. Mr. Tong Wang Chow is deemed to be interested in 232,302,392 ordinary shares held by Market Ahead Investment Limited by virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Nicholas Smith, an independent non-executive director of the Company, is a direct beneficiary of the Carey Pensions & Benefits Limited as Trustee of InterRetire - Smith Executive Retirement Plan (the "Plan") and is consequently taken as having an interest in all shares in the Plan. Following the scrip dividend, the Plan and Mr. Nicholas Smith now hold 676,199 ordinary shares and 348,404 ordinary shares respectively representing 0.055% and 0.028% of the Company's issued share capital respectively. Mr. Nicholas Smith's total beneficial holding is therefore now 1,024,603 ordinary shares representing 0.083% of the Company's issued share capital.

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