AutoNavi Issues Clarification on Market Activity

AutoNavi Issues Clarification on Market Activity

BEIJING, Dec. 7, 2012 (GLOBE NEWSWIRE) -- AutoNavi Holdings Limited
("AutoNavi" or the "Company") (Nasdaq:AMAP) is a leading provider of digital
map content and navigation and location-based solutions in China. In view of
the recent market activity in the Company's American depositary shares, the
Company would like to clarify that even though its independent auditor is
Deloitte Touche Tohmatsu CPA Ltd., the company is not the Deloitte Touche
Tohmatsu client referred to by the U.S. Securities and Exchange Commission in
its proceedings initiated against the five accounting firms in China. AutoNavi
was not and is not subject to any SEC investigations.

About AutoNavi Holdings Limited

AutoNavi Holdings Limited (Nasdaq:AMAP) is a leading provider of digital map
content and navigation and location-based solutions in China. At the core of
its business is a comprehensive nationwide digital map database that covers
approximately 3.6 million kilometers of roadway and over 20 million points of
interest across China. Through its digital map database and proprietary
technology platform, AutoNavi provides comprehensive, integrated navigation
and location-based solutions optimized for the Chinese market and users,
including automotive navigation solutions, mobile location-based solutions and
Internet location-based solutions, and public sector and enterprise
applications. For more information on AutoNavi, please visit
http://www.autonavi.com.

CONTACT: For investor and media inquiries please contact:

         In China:
        
         Serena Shi
         AutoNavi Holdings Limited
         Tel: +86-10-8410-7883
         E-mail: serena.shi@autonavi.com
        
         Derek Mitchell
         Ogilvy Financial, Beijing
         Tel: +86-10-8520-3073
         E-mail: amap@ogilvy.com
        
         In the U.S.:
        
         Jessica Barist Cohen
         Ogilvy Financial, New York
         Tel: +1-646-460-9989
         E-mail: amap@ogilvy.com
 
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