GAGA (MM)

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 second fiscal quarter ended December 31, 2012 before the market opens on Friday, February 22, 2013. 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 February 22, 2013 (9:00 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 producing and selling high-quality, off-season vegetables during the winter months.

The Le Gaga Holdings Limited logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=8233

CONTACT: PRChina
         Jane Liu
         Tel: (852) 2522 1838
         Email: jliu@prchina.com.hk
         
         Henry Chik
         Tel: (852) 2522 1368
         Email: hchik@prchina.com.hk