Hong Kong, 25 August 2010 – China Agri-Industries Holdings Limited (“China Agri” or the “Company”; stock code: 606.HK), a China’s leading agribusiness and food processing company, today announced its interim results for the six months ended 30 June 2010.

RESULTS OVERVIEW

The Company recorded total revenue of HK$22,687 million during the reporting period, an increase of 15.6% from the same period last year. Profit attributable to the owners of the Company increased by 28.3% to HK$1,324 million. Basic earnings per share were HK34.3 cents (2009 interim: HK28.0 cents). Since early 2010, China’s economy maintained a growth momentum, which helped boost the market demand for the Company’s products. The Company achieved revenue growth as a result of the increase in both the sales volume and selling prices of its major products.

The Board has declared an interim dividend of HK6.6 cents per share (2009 interim: HK6.7 cents per share).

The Board has declared an interim dividend of HK6.6 cents per share (2009 interim: HK6.7 cents per share).

(1) Oilseeds processing business achieved solid growth

During the period under review, the oilseeds processing business reported revenue of HK$12,801 million, representing an increase of 8.2% year-on-year. The oilseeds processing business continued to be the largest revenue contributor of the Company, accounting for 56.4% of total revenue. Operating profit was up 143.3% to HK$1,605 million. Both a rebound in oilseed product prices and significant growth in sales of soybean oil contributed to the revenue growth. With enhanced operational management, as well as continued and effective hedging strategies, gross profit margin was improved from 5.9% in the corresponding period last year to 14.9%.

(2) Biofuel and biochemical business delivered outstanding results

Revenue of the biofuel and biochemical business surged 55.7% to HK$4,980 million due to substantial increases in the prices and sales volume of major products in this category. Operating profit also grew 63.9% to HK$492 million. Despite higher raw material costs during the period, the Company was able to pass on the increasing cost to its customers amidst buoyant market demand for biochemical products, and improved the gross profit margin from 9.7% in the same period last year to 14.8%.

(3) Rice trading and processing business reports encouraging domestic sales growth

During the period, the Company’s effective sales and marketing activities boosted its market share in the domestic rice market and contributed to an encouraging growth in its domestic rice business with revenue surging 89.3% to HK$925 million. However, revenue of its export business declined due to a sluggish demand in the international markets. As a result, revenue of rice trading and processing business slightly decreased by 2.4% year-on-year to HK$2,122 million. With a lower contribution from the export business, the segment’s gross profit margin dropped from 21.7% in the corresponding period last year to 14.2%. Operating profit also declined by 65.4% to HK$80.5 million.

(4) Wheat processing business records increased sales volume

Revenue of the wheat processing business increased by 17.9% to HK$1,965 million, thanks to a rise in both sales volume and selling price of flour. However, with price increases in products lagging behind that of raw materials, gross profit margin was down from 10.1% in the corresponding period last year to 8.7%. Operating profit also dropped by 13.6% to HK$53.4 million.

(5) Brewing materials business achieved turnaround

During the period, revenue of the Company’s brewing materials business grew 10.1% to HK$818 million, driven by a substantial increase in malt sales. This business achieved a turnaround recording an operating profit of HK$126 million, compared to an operating loss of HK$3.5 million in the corresponding period last year. In the first half of the year, prices of malting barley in the international markets dropped significantly. The Company seized the opportunity to procure more malting barley from the market and sell related products in time, resulting in an improved gross profit margin of 23.7%, up 18.4 percentage points over the same period last year.

OUTLOOK

Looking ahead, the Company will continue to optimise its strategic planning and expand its production capacity. Constructions of various new plants are expected to be completed between end of 2010 and 2011, and the Company will be able to achieve better economies of scale. Moreover, the Company will step up its efforts to develop its own brands and boost its sales, for a bigger share in China’s huge consumer market.

About China Agri-Industries Holdings Limited

China Agri-Industries Holdings Limited is a member of the COFCO Group and takes industry-leading position in each of its subsidiary business segments in China, namely oilseeds processing, biofuel and biochemical, rice trading and processing, wheat processing as well as brewing materials. China Agri was listed on the Main Board of the Hong Kong Stock Exchange on 21 March 2007. Website: www.chinaagri.com

For further information, please contact:

China Agri-Industries Holdings Limited

Winnie Fan

Tel： (852) 2833 0606

Email： winniefan@cofco.com

Hill & Knowlton Asia Ltd

Benny Liu

Tel： (852) 2894 6251 / (852) 9387 6545

Email： benny.liu@hillandknowlton.com.hk

Carol Mak

Tel： (852) 2894 6283 / (852) 6126 5261

Email： carol.mak@hillandknowlton.com.hk