Asia Resource Minerals : Update re Suspension of Trading in PT Berau

19 May 2015

For Immediate Release

Asia Resource Minerals plc ("ARMS" or the "Company")

Update - Re Suspension of Trading in PT Berau Coal Energy Tbk

The Company refers to its announcement of 5 May 2015 (the "May 5 Announcement" ) regarding the suspension of trading in the listed shares of the Company's 84.7% owned subsidiary, PT Berau Coal Energy Tbk ("PT Berau "), which is the Indonesian holding company of the Company's main coal producing operations.

The Company notes that trading in the listed shares of PT Berau continue to remain suspended.

In the period since the May 5 Announcement, PT Berau's newly elected President Director, Iskak Wahyudi, President Commissioner, Mangantar Marpaung, and Commissioner, Melli Darsa, with the full support of the two continuing directors of PT Berau nominated by the Company, Messrs Paul Fenby and Keith Downham, and the Company, have continued their dialogue with the Indonesian Financial Services Authority (OJK) and the Indonesian Stock Exchange (IDX). These discussions have the purpose of eliminating any uncertainty or confusion regarding the regularity and outcome of the extraordinary general meeting of the members of PT Berau ("EGMS ") that was convened and held on Thursday 30 April 2015, and to confirm for all purposes full legal recognition of the same under Indonesian law.

While the minutes of the EGMS have been issued by the Notary, the Company is not presently in a position to predict with certainty when the lodgement of the Notary's minutes of the EGMS with the Indonesian Ministry of Law and Human Rights, as was referred to in the May 5 Announcement, will take place, such lodgement being in the hands of the Notary and not being under the Company's control, but the Company is doing all it reasonably can to facilitate prompt lodgement.

Notwithstanding the results of the EGMS, for the time being the former President Director, Amir Sambodo, who gave the Company on 25 March 2015 his resignation in writing from his position as chief executive officer of the Company and also from all other positions within the ARMS group, including PT Berau, purports to continue to remain in his position as President Director and is engaging in conduct that is wholly unsupported by the Company and to the detriment of the ability of the Company to maintain adequate supervision and control of the PT Berau Group. In particular, the Company notes that the Company's Chief Financial Officer, Mr Paul Fenby, and the Company's Chief Mining Officer, Mr Keith Downham, who both continue to sit on the Board of Directors of PT Berau, and PT Berau's new President Director, Iskak Wahyudi, and new President Commissioner, Mangantar Marpaung, are presently being denied access to the head office of PT Berau for the conduct of usual business and have only limited access to PT Berau's information technology and accounting systems, and only very limited visibility of current bank account information.

The Company continues to take all reasonable steps to maintain and regain where possible control over the Company's procedures, systems and controls in relation to PT Berau and the remainder of the ARMS Group that is controlled by PT Berau. The Company retains a reasonable expectation of a prompt return to normalcy. In particular, the Company believes that PT Berau will be in a position to remove Amir Sambodo from all Group premises and facilities once the Notary's minutes of the EGMS have been lodged with Indonesian Ministry of Law and Human Rights, as referred to above.

The Company wishes to advise that Group production of Coal presently remains unaffected by the events described above and continues to proceed as normal.

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For enquiries, please contact:

Asia Resource Minerals plc

Sean Wade

+44 (0)20 7201 7511