Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Asian Citrus Holdings Ltd

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

x

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

Value Partners Limited

4. Full name of shareholder(s) (if different from 3):

HSBC Institutional Trust Services (Asia) Ltd

Standard Chartered Bank (Hong Kong) Ltd

Banque Privee Edmond de Rothschild Luxembourg S.A.

The Northern Trust Company

State Street Bank and Trust Company

5. Date of transaction (and date on which the threshold is crossed or reached if different):

20 April 2009

6. Date on which issuer notified:

22 April 2009

7. Threshold(s) that is/are crossed or reached:

reached 3.00%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

BMG0620W1029

Below 3%

Below 3%

-

-

2,233,979

-

3.00

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

2,233,979

3.00

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Value Partners Group Limited is the parent undertaking of Value Partners Limited, by virtue of holding 100% of the voting rights in Value Partners Limited and is thus deemed to be an indirect holder of the shares of the issuer.

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

Value Partners Ltd is the Investment Manager of a no. of funds and managed accounts and is deemed to be interested in voting rights in the issuer by virtue of the investment management relation. None of the funds or the managed accounts holds more than 5% of the voting rights of the issuer.

14 Contact name:

Vivienne Lee

15. Contact telephone number:

852-2143 0370