(Source: Bumi plc) 18 July 2013 For Immediate Release Bumi plc ("Bumi" or the "Company") Separation Transaction Update Bumi today announces that it has taken the next step in the process of separating the Company from the Bakrie Group and PT Bumi Resources Tbk ("Bumi Resources") (the "Separation"). On 11 July, PT Borneo Lumbung Energi & Metal Tbk ("Borneo") announced that an affiliate of Borneo, Ravenwood Pte Ltd ("Ravenwood"), had entered into an agreement to acquire the Bakrie Group's 23.8% interest in Bumi (the "Borneo/Bakrie Transaction"). This transaction is conditional upon the sale of Bumi's 29.2% interest...
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