Exercise of Employee Share Options

19 June 2013

Asian Citrus Holdings Limited

("Asian Citrus" or "the Company")

Exercise of Employee Share Options

Asian Citrus announces that following the exercise of Employee Share Options, 1,837,000 new ordinary shares of HK$0.01 have been issued.

Out of the 1,837,000 ordinary shares issued, 960,000 shares were issued to Mr. Sung Chi Keung ("Eric Sung"), an executive director of the Company, who exercised 240,000 options at 11.2 pence per share and 720,000 options at 13.9 pence per share on 19 June 2013. Following this conversion, Mr. Sung now holds 1,101,000 ordinary shares, representing approximately 0.09% of the Company's issued capital and 3,600,000 employee options.

Following the issue of the new shares, the Company's total issued share capital is 1,229,558,555 ordinary shares of HK$0.01 each.

Application will be made today to the London Stock Exchange for the new ordinary shares, 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 effective on 26 June 2013.

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