Directorate Change

Asia Energy PLC
27 January 2006


                Asia Energy Plc ('Asia Energy' or the 'Company')

Director Resignation

Asia Energy advises that Mr Michael Frayne has today resigned as a director of
the Company. The Company announced on 19th January that Mr Frayne would be
resigning before the end of January following the appointment of Mr Steve
Bywater as the Company's Chief Executive.

Mr Frayne joined the Company prior to it listing on AIM and has seen the Company
grow from an initial market capitalisation of £28 million to about £220 million
today. Over the past two years he has seen Asia Energy achieve significant
progress towards the development of the Phulbari Coal Project in Bangladesh. He
has been instrumental in guiding the Company's strategy and has overseen the
following:
     
•    Capital Raising of £14 million at the IPO

•    The appointment of Barclays Capital as financial advisor to the
     Company

•    The submission of the Environmental Impact Statement to the Government
     of Bangladesh and its subsequent approval

•    The completion of the Scheme of Development to the Government of
     Bangladesh

•    The equity raising of US$52 million through JPMorgan Cazenove in
     December 2005

•    The appointment of Mr Steve Bywater to lead the team to develop the
     Phulbari Coal Project.

 'The Company wishes to thank Michael for his valuable contribution towards the
future development of the Phulbari Project which will be important to the people
of Bangladesh.', said Asia Energy director Mr David Lenigas.

Mr Frayne will focus on his new role as Chairman of London based Companies
Irvine Energy PLC and Nardina Resources PLC.


For further information please contact:

David Lenigas, Director
Tel: [phone], Fax: [phone]
Gary Lye, Chief Executive Officer Bangladesh [phone]
Website: www.asia-energy.com

Parkgreen Communications:
Justine Howarth, Cathy Malins
Tel: [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange