ARMS.L Regulatory News (ARMS)

09 March 2012

For immediate release

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

BOND ISSUE

Bumi plc announces that its subsidiary PT Berau Coal Energy Tbk has priced a five year, $500m bond issue at an interest rate of 7.25%. The proceeds of the issue will be used to refinance an existing bank facility, as well as to help fund capital expenditures. Berau is planning over $500m of capital expenditure by the end of 2013 to support expanding production at its coal mining operations from almost 20m tonnes in 2011 to 30m tonnes in 2014.

The order book was over 19 times oversubscribed, allowing Berau to achieve tight pricing, reflecting both the high level of investor interest and improved business fundamentals at Berau.

This bond issue, together with the recent refinancing of the $600m CIC loan by Bumi Resources Tbk with the China Development Bank, at an interest rate of Libor +6.67%, represents further progress by Bumi plc to reduce its overall cost of capital and provide additional financial resources to execute its stated expansion strategy.

Joint global coordinators for the Berau issue were Bank of America Merrill Lynch and Credit Suisse, joined by JP Morgan in the role of joint bookrunners. The issue date of the bonds is scheduled for 13 March 2012.

For further information, please contact:

Bumi plc: +44 (0) 20 7201 7507

Nick von Schirnding