Asia Ceramics Holdings PLC

Asia Ceramics Holdings plc

('Asia Ceramics' or the 'Company')

Loan Agreement

The Company announces that it has entered into a loan agreement with Tom Pu , its chief executive in relation to loan accounts the Company has with Dr Pu.

The loan agreement provides for loans to Dr Pu for up to a maximum of  £500,000. The loan agreement is separate from the pre-existing loan facility agreement announced on 11 May 2015 whereby Dr Pu has loaned £600,000 to the Company as part of a facility of £750,000 repayable by 31 December 2018 ('the Loan Facility').

The balance on the loans to Dr Pu  was  approximately £150,000 at 31 July 2015 and as at 31 December 2014 was £ 328,676 . The Loan Agreement provides that the balance on the loan accounts shall be repayable by 31 December 2016, shall bear interest at a rate of 5% per annum and shall not exceed at any time the amount drawn down by the Company on the Loan Facility.

The Loan Agreement is a related party agreement under the AIM Rules. The independent directors, being the directors of the Company other than Dr Pu, consider , having consulted with WH Ireland , that the terms of the Loan  Agreement are fair and reasonable insofar as its shareholders are concerned.

Enquiries:

     Alei Duan             Asia Ceramics Holdings       Tel: 07776 481

                            plc                          237

     James Joyce /         WH Ireland Limited           Tel: 020 7220

      James Bavister                                     1666