Issue of Ordinary Shares

19 December 2013

Asian Citrus Holdings Limited

("Asian Citrus" or "the Company")

Issue of Ordinary Shares pursuant to Scrip Dividend

Asian Citrus announces the issue of 10,562,329 new ordinary shares of HK$0.01 each in the Company pursuant to shareholder participation in the Scrip Dividend announced on 22 November 2013.

The offer price for Ordinary Shares is HK$2.7400 (equivalent to approximately GBP0.2198, based on the exchange rates sourced from the Hong Kong Association of Banks on 19 November 2013). The offer price is the average closing price of the shares of the Company for the five trading days starting from, and including, 13 November 2013 on the Hong Kong Stock Exchange Limited ("HKEx").

Application will be made today to the London Stock Exchange and HKEx 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 the Main Board of HKEx. Admission of the new ordinary shares is expected to become effective on 31 December 2013.

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