Issue of Equity

16 Sep 2005 11:10

Asia Energy PLC16 September 2005 ASIA ENERGY PLC ISSUE OF EQUITY 16 September 2005 Asia Energy PLC ("the Company"), the 100% owner of the Phulbari Energy Projectin north-west Bangladesh, today announces that pursuant to an exercise ofexisting options, it has issued and allotted 226,666 new Ordinary Shares of 10peach, at a price of 75p. The new Ordinary Shares will rank pari passu with the existing Ordinary Sharesof 10p each in the Company and trading of these shares on AIM is expected tocommence on 22 September 2005. The total number of Ordinary Shares in issue following this issue is 41,114,357. This information is provided by RNS The company news service from the London Stock Exchange