Update re: disposal of Energy Central Limited

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

18 April 2017

All Asia Asset Capital Limited

("All Asia Asset Capital", "AAA" or the "Company")

Update regarding disposal of Energy Central Limited

The Board of AAA (AIM: AAA) announces that, further to the Company's announcement of 24 March 2017 regarding the passing of all resolutions at the Company's Extraordinary General Meeting on the same day, the Company has not received the consideration payment equivalent to Thai Baht 34,889,000 (the "Payment") from Chakris Kajkumjohndej (the "Purchaser"), in respect of the disposal by the Company of AAA's entire interest in Energy Central Limited (the "Disposal").

Completion of the Disposal was originally scheduled for 15 April 2017, but was subject to the receipt of the Payment. The Board of AAA has been informed by the Purchaser that it has filed an application for the remittance of the Payment to AAA, but at this stage the Company has not received the Payment. AAA is in dialogue with the Purchaser's legal representative and the parties are working towards concluding the Payment within 15 days.

Further announcements will be made as appropriate.

For further information:

About AAA

AAA is an investment company that has been established as a platform for investors looking to access growing markets in the Asia-Pacific region. The Company invests in a portfolio of companies with at least a majority of operations (or early-stage companies that intend to have at least a majority of their operations) in the Asia-Pacific region in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property, and/or technology. AAA is publicly quoted and its shares are traded on the AIM market, which is operated by the London Stock Exchange.