EGM Statement

Asia Energy PLC
26 July 2006


                             PRESS RELEASE 26/07/06
                                ASIA ENERGY PLC

  (Incorporated in England and Wales under the Companies Act 1985 (as amended)
                        with registered number 4913119)

                         Extraordinary General Meeting


Asia Energy plc announces that, at the Extraordinary General Meeting convened by
way of the circular of 3 July 2006 and which was held today, resolutions were
passed which grant the Directors of the Company (i) a general authority pursuant
to section 80 of the Companies Act 1985 Act to allot shares and (ii) a power
pursuant to section 95 of the Companies Act 1985 to allot shares for cash
otherwise than pro-rata to existing Shareholders.



For Further Information:

Cathy Malins or Annabel Leather
Parkgreen Communications
Ph: 0207 493 3713

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