Bumi plc Reduction of Capital

Bumi plc (the "Company")

6 July 2011

For immediate release

Bumi Reduction of Capital

Further to the Prospectus published 17 June 2011, Bumi plc today announces that the Bumi Reduction of Capital has been confirmed by the High Court. A copy of the order confirming the Bumi Reduction of Capital has been registered by the UK Registrar of Companies and as such the Bumi Reduction of Capital has now become effective. The nominal value of the Bumi Shares has consequently been reduced to £0.01 from £6.00.

These changes in nominal value are of a technical nature and do not affect the value of shareholdings.

It is expected that the amendment to the Official List will become effective at 8.00 a.m., tomorrow, 7 July 2011.

Capitalised terms not otherwise defined in this announcement have the meanings given to them in the Prospectus and Supplementary Prospectus.

For further information, please contact:

Bumi plc: 020 7518 8189

Nick von Schirnding

J.P. Morgan Cazenove: 020 7588 2828

Ian Hannam

James Taylor

Neil Passmore

Finsbury: 020 7251 3801

Ed Simpkins

Charles Chichester

This announcement has been issued by and is the sole responsibility of the Company.

This announcement is an advertisement and not a prospectus and you should not subscribe for or purchase any shares referred to in this announcement except on the basis of information in the Prospectus, Supplementary Prospectus and Second Supplementary Prospectus (as defined in the announcement of the Company dated 30 June 2011 and in the announcement of Vallar PLC dated 27 June 2011) published in connection with the admission and proposed admission of certain ordinary shares to the premium listing segment of the Official List of the Financial Services Authority and to trading on London Stock Exchange plc's main market as more particularly described in the Prospectus. Copies of the Prospectus are available for inspection at Bumi plc's registered office at 2nd Floor, 4 Grosvenor Place, London, SW1X 7HJ.

J.P. Morgan Limited (which conducts its UK investment banking activities as J.P. Morgan Cazenove) ("J.P. Morgan Cazenove"), which is authorised and regulated by the Financial Services Authority, is acting as Sole Sponsor for the Company in connection with the Bumi Prospectus and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to clients of J.P. Morgan Cazenove.

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of, any securities.

The securities of the Company referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless they are registered with the U.S. Securities and Exchange Commission or an exemption from the registration requirements of the Securities Act is available.

The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security, therefore this announcement does not constitute a public offering in Indonesia under Law Number 8 of 1995 regarding Capital Market.