Andalas Energy and Power Plc - New Website

PR Newswire

London, April 11

11 April 2016

Andalas Energy and Power Plc

(“ADL” or the “Company”)

New Website

Andalas Energy and Power Plc is pleased to announce the launch of its new corporate website (http://www.andalasenergy.co.uk/).

The new website marks the culmination of the Company’s wider rebranding exercise which has been undertaken in recent months.  This reflects the progress made by the new management team towards transforming ADL into an Indonesian focused energy and power company, as demonstrated by the securing of its first asset in Indonesia via the farm-in agreement to earn a 30% interest in the Tuba Obi East (“TOE”) concession in the South Sumatran basin, as announced on 8 March 2016.  Management views TOE as an excellent foundation asset upon which to build a profitable Indonesian gas and power business.  The rebranding and repositioning has included:

The Directors, in tandem with their advisers, are currently focused on the readmission of the Company’s shares to AIM and further updates on this process will be provided to the market in due course.

**ENDS**

For further information, please contact:

David Whitby Andalas Energy and Power Plc Tel: +62 21 2783 2316
Sarah Wharry
Craig Francis
Cantor Fitzgerald Europe
(Nominated Adviser and Joint Broker)
Tel: +44 20 7894 7000
Lucy Williams
Charles Goodfellow
Peterhouse Corporate Finance
Limited (Joint Broker)
Tel: +44  20 7469 0930
Colin Rowbury Cornhill Capital (Joint Broker) Tel: +44  20 7710 9610
Frank Buhagiar
Susie Geliher
St Brides Partners Limited Tel: +44  20 7236 1177