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9 Sep 2013 13:55
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9 September 2013
For Immediate Release
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Bumi plc ("Bumi" or the "Company")
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Separation Transaction Update
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On 30 August 2013, in its half year results announcement for the period ended 30 June 2013, the Company stated that it expected a circular relating to the proposed transaction to effect the separation of the Company from the Bakrie Group and PT Bumi Resources Tbk (the "Separation") would be sent to shareholders in September 2013.
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As previously stated, this is a complex transaction and there are certain items relating to the Separation that remain outstanding and are outside of the Company's control. While the Company continues to work towards bringing the Separation to fruition as soon as possible based on the financial terms previously announced, as a result of ongoing discussions regarding these items there is less certainty around the timing and status of the Separation.
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A further update will be provided to shareholders as and when appropriate.
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-ENDS-
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ForΒ enquiries,Β pleaseΒ contact:
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RLM Finsbury
Ed Simpkins / Charles O'Brien
+44Β (0)Β 20Β 7251Β 3801
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