Issue of Equity

6th May 2005 16:33

Asia Energy PLC06 May 2005 ASIA ENERGY PLC ISSUE OF EQUITY 6 May 2005 Asia Energy PLC ("the Company"), the 100% owner of the Phulbari Energy Projectin north-west Bangladesh, today announces that it has issued and allotted607,000 new Ordinary Shares of 10p each, at a price of 75p, pursuant to anexercise of existing options. 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 12th May 2005. The total number of Ordinary Shares in issue following this issue is 39,238,024. This information is provided by RNS The company news service from the London Stock Exchange

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