Parties' Post Hearing Briefs & Statement of Cost

RNS Number : 8448C

Rurelec PLC

22 April 2013

 



22^nd April 2013

Rurelec PLC

("Rurelec" or "the Company")

Parties' Post-Hearing Briefs and Statement of Costs

Rurelec PLC, (AIM:RUR) the electricity utility which owns and operates power generation capacity in Latin America, announces that following the final hearing in the arbitration against the Plurinational State of Bolivia ("Bolivia") which ended on the 9^th April 2013, post hearing briefs (of a maximum of 60 pages in length and in accordance with the arbitral tribunal's instructions) and statements of costs will be submitted by the parties to the arbitral tribunal by 24^th May 2013.

The post-hearing briefs and statements of costs will be made public once posted on the Permanent Court of Arbitration's (PCA) website: www.pca-cpa.org. At that time, they will also be posted to Rurelec's website: www.rurelec.com.

No further information is likely to be made public until the arbitral tribunal issues its award following a period of deliberations. No timeframe has been given with respect to the issuance of the award.

For further information please contact:

Peter Earl, CEO, Rurelec PLC Ana Ribeiro, Head of Communications www.rurelec.com	Tel: [phone]
Paul Shackleton, Daniel Stewart & Company Plc	Tel: [phone]
Halimah Hussain/Jon Belliss, XCAP Securities	Tel: [phone]

 

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