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Asia Energy PLC (GCM)

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Monday 05 December, 2005

Asia Energy PLC

Directors Disclosure

Asia Energy PLC
05 December 2005

                        Asia Energy PLC ('the Company')

                   Participation of Directors in Cash Placing

On 29 November 2005, Asia Energy PLC announced that 6,740,000 new ordinary
shares had been placed at a placing price of 450 pence per share, of which
4,143,976 shares were placed firm ('Firm Placing Shares') and 2,596,024 were
placed conditionally ('Conditional Placing Shares') subject to shareholder
approval of certain resolutions to be proposed at an EGM which has been convened
for 22 December 2005. As noted in the placing announcement, certain Directors of
the Company participated in the Firm Placing Shares and Conditional Placing
Shares. They have today acquired beneficial interests in the Company's ordinary
shares which were placed firm as follows:

Director                 No of Firm Placing   Resultant shareholding        %
                         Shares in placing
David Lenigas            6,148                156,148                     0.34%
Michael Frayne           6,148                189,481                     0.42%
Gary Lye                 1,230                1,230                      0.003%
Jonathan Malins          3,074                303,074                     0.67%
Total number of shares   16,600               649,933                     1.43%
Total shares in issue                         45,308,333

5 December 2005

                      This information is provided by RNS
            The company news service from the London Stock Exchange