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9 Mar 2009 07:00
9 March 2009
Asian Citrus Holdings Limited
("Asian Citrus" or "the Group")
Update on Summer Crop Pricing
Asian Citrus, the largest orange plantation owner and operator in China, announces that the Group has now concluded its negotiations on the pricing of its upcoming summer crop, with an average price increase of approximately 3.7% compared to last year's summer crop having been agreed.
The Group will release its interim results to 31 December 2008 on 18 March 2009.
About Asian Citrus
Asian Citrus is the largest orange plantation owner and operator in China and has two plantations, one in the Hepu county of the Guangxi Zhuang Autonomous Region and one in the Xinfeng county of the Jiangxi province of China. Its primary goal is to sell quality oranges at an affordable price and in so doing, strengthen its position as a leading, mechanised and industrialised orange grower and distributor in China.
For Further Information Contact:
Terry Garrett/ Stephanie Badjonat/John Moriarty
Weber Shandwick Financial 0207 067 0700
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