Holding(s) in Company

RNS Number : 2151P
Asian Plantations Limited
12 July 2010

12 July 2010


Asian Plantations Limited

("APL" or the "Company")


Holdings in Company



Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, today received notification that the Asian Agriculture Fund ("AAF") acquired 310,000 ordinary shares of no par value in the Company ("Ordinary Shares"), thereby increasing its stake in the Company to 960,000 Ordinary Shares, representing approximately 3.25 per cent. of the Company's issued Ordinary Share capital.


AAF is an agricultural investment fund registered in Singapore and managed by Asian Agri Capital Limited. Additional information on AAF and Asian Agri Capital Limited can be found at www.asianagricapital.com.


Dennis Melka, the Company's Joint Chief Executive Officer, commented: "We are delighted that AAF has increased their position in the Company as we continue to grow Asian Plantations and complete our planting programme by 2012."




For further information contact:


Asian Plantations Limited

Dennis Melka, Joint Chief Executive Officer

Graeme Brown, Joint Chief Executive Officer



                       Tel:  +65 9878 4171

                       Tel:  +60 19 8560221

Strand Hanson Limited

James Harris

Paul Cocker



Tel: +44 (0)20 7409 3494

Mirabaud Securities LLP

Rory Scott



Tel: +44 (0)20 7878 3360

Bankside Consultants

Simon Rothschild

Oliver Winters



Tel: +44 (0)20 7367 8871

Tel: +44 (0)20 7367 8874


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