[For Immediate Release]

Le Gaga to Report Fourth Fiscal Quarter and Fiscal Year Ended

March 31, 2012 Financial Results on June 20, 2012

HONG KONG, May 29, 2012 - Le Gaga Holdings Limited ("Le Gaga" or the "Company") (Nasdaq:GAGA), a leading greenhouse vegetable producer in China, today announced that the Company plans to release its financial results for the fourth fiscal quarter and fiscal year ended March 31, 2012 before the market opens on Wednesday, June 20, 2012. A copy of the earnings release will be available on the Company's website at www.legaga.com.hk/html/ir_press.php.
The Company will host a conference call at 8:00 a.m. ET on June 20, 2012 (8:00 p.m. Hong Kong Time) to review the Company's financial results and answer questions. You may access the live interactive call via:
+1 866 549 1292 (U.S. Toll Free)
+ 400 681 6949 (China Toll Free)
+852 3005 2050 (International)
Pass Code: 534242#
Please dial-in approximately 10 minutes in advance to facilitate an on-time start.
A replay will be available for two weeks after the call and may be accessed via:
+852 3005 2020
Passcode: 135415#
A live and archived webcast of the call will be available on the Company's website at www.legaga.com.hk/html/index.php.

About Le Gaga Holdings (Nasdaq:GAGA)

Le Gaga is a leading greenhouse vegetable producer in China. The Company sells and markets greenhouse vegetables such as peppers, tomatoes, cucumbers and eggplants, as well as green leafy vegetables to wholesalers, institutional customers and supermarkets in China and Hong Kong. The Company has successfully built a trusted brand among its customers.
The Company currently operates farms in the Chinese provinces of Fujian, Guangdong and Hebei. Leveraging its large-scale greenhouses, proprietary horticultural know-how and comprehensive database, the Company specializes in

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producing and selling high-quality, off-season vegetables during the winter months. For further information, please contact:
PRChina
Jane Liu
Tel: (852) 2522 1838
Email: jliu@prchina.com.hk
Henry Chik
Tel: (852) 2522 1368
Email: hchik@prchina.com.hk

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