ACHL.L Regulatory News (ACHL)

Asian Citrus Holdings Limited

("Asian Citrus" or "the Company")

Full Year Trading Update

The Company announced that based on the preliminary assessment of the unaudited management accounts, as a result of the key factors which impacted negatively the financial performance of the Company for the year as previously announced on 22 January 2013 and 28 March 2013, the turnover for the year ended 30 June 2013 is expected to be up to 20 per cent below the comparative figure for the prior year and the core net profit (profit for the year excluding the net change in fair value of biological assets and share-based payments) is expected to be up to 40 per cent below the comparative figure for the corresponding period.

The assessment of the net change in fair value of biological assets for the year ended 30 June 2013 is still under review. The Board wishes to emphasise that the net change in fair value of biological assets is non-operational and does not have any effect on cash flow for the year.

The information contained in this announcement is based only on the preliminary assessment of the unaudited management accounts of the Company for the year ended 30 June 2013 and the information currently available to the Board. The audit now being conducted by the auditors of the Company on the management accounts has not yet been completed and the management accounts may still be subject to adjustments. The full year results of the Group for the year ended 30 June 2013 are expected to be published in September 2013.

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