Head of Bangladesh Operations

Asia Energy PLC 11 February 2005 Asia Energy plc NEW HEAD OF BANGLADESH OPERATIONS Asia Energy Plc (the 'Company') announced today that it has appointed Mr Gary Lye as head of its operations in Bangladesh where it is developing a major new coal mining project. Mr Lye has been working with the Phulbari Coal Project as the General Manager of Operations, based in Dhaka, for the past twelve months, and the Company said his promotion was in line with moving the Project to the next phase of development. David Lenigas, Asia Energy's Joint Managing Director said, 'Gary has the necessary experience to take this exciting world class coal project through the banking stage to mine start-up.' Mr Lye has over 30 years' experience in the management of large-scale mining projects having previously served as the Strategic Mine Development Manager at the Kalgoorlie Super Pit Operations in Western Australia, for Kalgoorlie Consolidated Gold Mines. His other major roles include Manager of the Mining Research Laboratories for CRA in Perth, Western Australia, and 15 years at CRA's Bougainville Copper Mine in Papua New Guinea. Mr Lye takes over operational responsibility in Bangladesh from Mr Laith Reynolds. The Company also announced that Mr Laith Reynolds has resigned as a Director of the Company effective immediately. Mr Reynolds will remain as a consultant to the Company and the Company thanks him for his work to date. 11 February 2005 ENQUIRIES: Michael Frayne, Joint Managing Director Justine Howarth, Cathy Malins michael.frayne@asia-energy.com Parkgreen Communications David Lenigas, Joint Managing Director Tel: +44 (0) 20 7493 3713 david.lenigas@asia-energy.com Justine.howarth@parkgreenmedia.com Asia Energy PLC cathy.malins@parkgreenmedia.com Tel: +44 (0) 20 7079 1798, Fax: +44 (0) 20 7491 2758 info@asia-energy.com; www.asia-energy.com This information is provided by RNS The company news service from the London Stock Exchange
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