ARMS.L Regulatory News (ARMS)

Bumi plc ("Bumi" or the "Company")

Board changes at PT Berau Coal Energy Tbk ("BCE"), PT Bumi Resources Tbk ("Bumi Resources") and PT Bumi Resources Minerals Tbk ("BRMS")

Bumi hereby announces that a general meeting of BCE took place yesterday in Indonesia at which a number of changes to its Boards of Commissioners and Directors were made with the full support of Bumi. The following resignations were received by BCE:

1. Resignation of Mr. Rosan Roeslani as President Director;

2. Resignation of Mr. John Ramos as Director;

3. Resignation of Mr. Samin Tan as Commissioner;

4. Resignation of Mr. Alexander Ramlie as Commissioner;

5. Resignation of Mr. Mochamad Djatmiko as Commissioner; and

6. Resignation of Mr. Stefan White as Commissioner.

Additionally, the following appointments were made:

1. Appointment of Mr. Eko Santoso Budianto as President Director;

2. Appointment of Mr. Subagyo Hadi Siswoyo as Commissioner;

3. Appointment of Mr. Kenneth Raymond Allan as Commissioner; and

4. Appointment of Ms. Eva Tarigan as Commissioner.

Mr. Allan and Ms. Tarigan are also currently Directors of Borneo. Mr. Siswoyo is also a Commissioner of PT Berau Coal, BCE's Indonesian operating subsidiary.

As a result of these changes, the Boards of Directors and Commissioners of BCE are constituted as follows:

Board of Directors

Mr. Eko Santoso Budianto President Director

Mr. Arief Wiedhartono Director

Mr. Scott Merrillees Director

Mr. David Tonkin Director

Board of Commissioners

Mr. Sofyan Djalil President Commissioner

Mr. Subagyo Hadi Siswoyo Commissioner

Mr. Sandiaga Uno Commissioner

Mr. Erry Firmansyah Commissioner

Mr. Andi Achmad Dara Commissioner

Mr. Kenneth Raymond Allan Commissioner

Ms. Eva Novita Tarigan Commissioner

Key to these changes is the appointment of Mr Budianto who replaces Mr. Roeslani as President Director of BCE as announced in the Company's circular to shareholders of 28 January 2013. This is an important step in Bumi plc's strategy of further strengthening internal financial controls and corporate governance standards throughout the Group's Indonesian operations.

Separately, Bumi notes the announcement by Bumi Resources of 6 March 2013 regarding the resignation of ten Commissioners and Directors of Bumi Resources. Three of those resigning are Directors of Bumi, namely Mr. Samin Tan, who has resigned as President Commissioner of Bumi Resources, and Mr. Alexander Ramlie and Mr. Scott Merrillees, who have resigned as Commissioners of Bumi Resources. Bumi also notes that Mr. Tan has resigned as President Director of BRMS.

The resignations of Messrs. Tan, Ramlie and Merrillees are in line with the Company's announced aim of separating from the Bakrie Group and Bumi Resources, which transaction the Company intends to put to shareholders for approval as soon as possible. The resignations are also consistent with the accounting reclassification, announced on 5 November 2012, of the Company's shareholding in Bumi Resources to an investment from an associate given the Company's level of influence over Bumi Resources.

For enquiries, please contact:

RLM Finsbury

Edward Simpkins / Charles O'Brien

+44(0)2072513801