28th Aug 2012 07:00
28 August 2012
For immediate release
Bumi plc ("Bumi" or the "Company") Update on Bumi Resources Recapital investment
Further to the announcement made on 2nd July 2012, Bumi plc announces that it has been informed by its 29.2% associate PT Bumi Resources Tbk ("Bumi Resources") that repayment on August 27 2012 to Bumi Resources by PT Recapital Asset Management ("Recapital"), an investment fund management group, of $231 million that was invested with Recapital did not take place and that discussions are ongoing between Bumi Resources and Recapital regarding a new repayment schedule.
When there is any further development Bumi plc will update the market accordingly.
For further information, please contact:
Bumi plc: +44 (0) 20 7201 7507
Nick von Schirnding
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