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Announcement regarding BRM Proposal

17 Oct 2011 07:03

RNS Number : 2758Q

Bumi plc

17 October 2011

For immediate release

Bumi plc

Announcement regarding BRM Proposal

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

The board of Bumi plc announces that its proposed acquisition of 75 per cent of PT Bumi Resources Minerals Tbk from PT Bumi Resources Tbk will not proceed at this time due to continuing market uncertainties.

For further information, please contact:

Bumi plc: + 44 (0)20 7201 7507

Nick von Schirnding

J.P. Morgan Cazenove: +44 (0)20 7588 2828

Ian Hannam

James Taylor

Neil Passmore

Credit Suisse: +44 (0)20 7888 1944

James Leigh Pemberton

Finsbury: +44 (0)20 7251 3801

Ed Simpkins

Charles Chichester

This information is provided by RNS

The company news service from the London Stock Exchange

END

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