Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Asia Resource Minerals plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

X

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

PT Borneo Lumbung Energi & Metal Tbk

4. Full name of shareholder(s)  (if different from 3.):iv

Borneo Bumi Energi & Metal Pte Ltd

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

Date of Transaction: 11 July 2013Date Threshold Crossed: 1 April 2014

6. Date on which issuer notified:

1 April 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

Above 29% to below 24%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B5BLXT62

54,154,285

54,154,285

57,235,656

57,235,656

0

23.75

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

57,235,656

23.75%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Borneo Bumi Energi & Metal Pte Ltd is 100% owned by PT Borneo Lumbung Energi & Metal Tbk.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

Prior to the conversion of the Suspended Voting Ordinary Shares (as announced by the Issuer on 26 March 2014 (the "Conversion")), Borneo Bumi Energi & Metal Pte Ltd held 54,154,285 Voting Ordinary Shares in the Issuer (representing 29.9% of the then total number of Voting Ordinary Shares in issue of 180,514,285).

Following: (i) the transfer to Borneo Bumi Energi & Metal Pte Ltd of 3,081,371 Suspended Voting Ordinary Shares; and (ii) the Conversion, Borneo Bumi Energi & Metal Pte Ltd now holds 57,235,656 Voting Ordinary Shares in the Issuer (representing 23.75% of the total number of Voting Ordinary Shares currently in issue of 240,957,067).

14. Contact name:

Ken AllanPT Borneo Lumbung Energi & Metal Tbk

15. Contact telephone number:

+62 21 2957 3737