Director/PDMR Shareholding

Asia Energy PLC
29 July 2005


                        Asia Energy plc ('the Company')

Notification of Significant Holding, Directors Shareholding and Exercise of 
                              Company Options


Under sections 198 to 202 of the Companies Act 1985 and rule 15 of the AIM Rules 
the following information falls to be disclosed:

The Company was notified on 27 July 2005 that The Goldman Sachs Group Inc and 
its direct and indirect subsidiaries have an interest in 1,223,153 Ordinary 
Shares of 10p each in the Company. This represents 3.04% of the issued share 
capital of the Company.

The Company also advises that on 28 July 2005 Mr Jonathan Malins, a Director of
the Company, exercised an option over 50,000 new Ordinary Shares of 10p each, at
a price of 75p under his existing option deed. Mr Malins now holds a beneficial
interest in 300,000 Ordinary shares, which represents 0.74% of the current
issued capital of the Company.

In addition, a further 226,667 new Ordinary Shares were today issued and
allotted, at a price of 75p, pursuant to an exercise of existing options.

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
of 10p each in the Company and trading of these shares on AIM is expected to
commence on 5 August 2005.

The total number of Ordinary Shares in issue following this issue is 40,287,691.

29 July 2005






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