Anglo-Eastern Plantations PLC
07 June 2007
Thursday 7 June 2007
ANGLO-EASTERN PLANTATIONS PLC
Completion of Cahaya Pelita Andhika acquisition
On 17 May 2007, AEP announced that it had entered into a contract to acquire,
for $6.37 million, 90% of the issued share capital of PT Cahaya Pelita Andhika,
an Indonesian company whose principal asset is an oil palm estate in the
province of North Sumatra with a land title area of 4,469 ha, of which 2,750 ha
are planted.
AEP now announces the completion of that transaction.
Following the acquisition, AEP's total planted area is 37,800 ha and its total
land area is 49,300 ha.
Enquiries:
Anglo-Eastern Plantations Plc 020-7236 2838
Rollo Barnes (Finance Director)
Bankside Consultants Ltd.
Charles Ponsonby 020-7367 8851
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