Update on the Separation

29 November

For Immediate Release

Bumi plc ("Bumi" or the "Company")

Update on the Separation

Capitalised terms have the meanings given to them in the circular published on 7 November 2013 (the "Circular"), unless otherwise indicated

A condition of the PT Bumi Resources Sale Transaction was that the Independent Directors were to be provided with copies of, and be satisfied with the terms of, any relevant financing agreement or arrangement entered into by RACL to finance its acquisition of Suspended Voting Ordinary Shares pursuant to the Borneo/Bakrie Share Purchase Agreement by no later than 20 November 2013 (the "SPA Financing Condition"). On 20 November 2013, the Company announced that it had agreed to extend the period by which the SPA Financing Condition needed to be satisfied to 29 November 2013.

The Company has now received the relevant RACL financing agreement and other associated documentation. The Independent Directors have reviewed and are satisfied with the terms of the financing agreement and other associated documentation and, accordingly, the SPA Financing Condition has now been satisfied.

As announced on 20 November, a resolution will be proposed at the General Meeting on 4 December 2013 seeking Shareholders' approval to adjourn the meeting. A supplemental circular is expected to be sent to Shareholders next week and it is expected that the date for the adjourned General Meeting to approve the Separation and the proposed change to the Company's name will be in the week commencing 16 December 2013, with Completion to occur in January 2014.

-ENDS-

For enquiries, please contact:

Bumi plc

Sean Wade

+44 (0) 20 7201 7511

RLM Finsbury

Ed Simpkins / Charles O'Brien

+44 (0) 20 7251 3801