Exercise of Employee Share Options

Asian Citrus Holdings Limited

("Asian Citrus'" or "the Company")

Exercise of Employee Share Options

Asian Citrus Holdings Limited announces that following exercises of the Company's Employee Share Options, 390,000 ordinary shares of HK$0.01 have been issued.

All of the 390,000 shares were issued to Mr. CHEUNG Wai Sun, an executive director of the Company. 270,000 employee options and 120,000 employee options were exercised at 20.45 pence per share and 13.9 pence per share respectively on 6 May 2010. Following this conversion, Mr. CHEUNG now holds 390,000 ordinary shares and 660,000 employee options.

Application will be made today to the London Stock Exchange for the 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 13 May 2010.

6 May 2010