Australia China Holdings Limited

Asian Activities Report for July 29, 2011 includes: Northern Minerals Limited (ASX:NTU) announced exciting Heavy Rare Earth Element results from the Browns Range Project in northern Western Australia; Scandinavian Resources Limited (ASX:SCR) has updated global JORC compliant mineral resource for the Kiruna Iron Project in northern Sweden; Venture Minerals Limited (ASX:VMS) announced a maiden direct shipping ore resource of 2.2 million tonnes at 58% Fe at the newly defined Livingstone Deposit; Australia China Holdings Limited (ASX:AAK) has signed a Memorandum of Understanding with Denzo Group to form a Joint Venture Company in China; Dr. Reddy's Laboratories Limited (BOM:500124) has signed a Memorandum of Understanding with Fujifilm Corporation (TYO:4901) for an exclusive partnership in the Generic Drugs business for the Japanese market.