Issue of Equity

17th Mar 2006 18:13

Asia Energy PLC17 March 2006 ASIA ENERGY PLC ISSUE OF EQUITY 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 230,000 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 March 2006. The total number of Ordinary Shares in issue following this issue is 48,334,357. 17 March 2006 This information is provided by RNS The company news service from the London Stock Exchange

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