M.P. Evans Group PLC ("The Group")
Sennah lawsuit
14 August 2007
The board is pleased to announce that DR H Rahmat Shah's appeal to the Supreme
Court in Jakarta to overturn the ruling, in the Group's favour, of the Medan
District Court and Jakarta Administration Court has been unsuccessful.
Accordingly, the sale and purchase agreement signed in March 2002 stands. Under
this agreement the Group, through its 80% subsidiary, PT Pangkatan Indonesia,
acquired 80% of PT Sembada Sennah Maju, the owner of the 1,813-hectare oil-palm
estate, Sennah, in Sumatra. It is possible that Mr. Shah may file a request for
a judicial review to the Supreme Court but only if he is able to produce new
evidence in support of such a review. The Group's Indonesian legal advisers do
not consider this a likely prospect.
For further information, you are invited to contact any of the following:
M.P. Evans Group PLC 01892 516333
Peter Hadsley-Chaplin
Joint Managing Director
Hudson Sandler 020 7796 4133
Andrew Hayes
James White
Panmure Gordon (Broking) Limited 020 7459 3600
Rakesh Sharma
Tom Nicholson
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