TIDMPALM

RNS Number : 9368B

Asian Plantations Limited

24 April 2012

24 April 2012

Asian Plantations Limited

("APL" or the "Company")

Exercise of Options

Asian Plantations Limited (LSE: PALM), a palm oil plantation company with operations in Malaysia, announces that 23,000 options have been exercised into new ordinary shares of no par value ("Ordinary Shares") in APL at a subscription price of SGD$1.55 per share.

Application has been made for the 23,000 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on Monday 30 April 2012.

The Company's total ordinary share capital following the admission of the new Ordinary Shares will be 46,197,751 Ordinary Shares.

For further information contact:

 
 Asian Plantations Limited 
  Graeme Brown, Joint Chief Executive    Tel: +65 6325 0970 
  Officer 
  Dennis Melka, Joint Chief Executive 
  Officer 
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  James Harris                           Tel: +44 (0) 20 7409 3494 
  Paul Cocker 
  Liam Buswell 
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  Tom Nicholson                          Tel: +65 8614 7553 
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  Steve Baldwin                          Tel: +44 (0) 20 3037 2000 
  Dan Iacopetti 
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  Simon Rothschild                       Tel: +44 (0) 20 7367 8871

This information is provided by RNS

The company news service from the London Stock Exchange

END

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