Wisma Bakrie 2, 7th floor Jl. H.R. Rasuna Said Kav. B-2 Jakarta, INDONESIA 12920 Website: www.bumiresources.com

Corporate Information

BUMI ANNOUNCES FINANCIAL CLOSURE OF THE SALE OF 30% STAKE IN ITS COAL COMPANIES TO TATA POWER COMPANY June 27, 2007 – PT Bumi Resources Tbk ("Bumi") is very pleased to announce the financial closure of the sale of a 30% stake in PT Kaltim Prima Coal ("KPC"), PT Arutmin Indonesia ("Arutmin") and related coal companies (“Coal Companies”) to The Tata Power Company Limited ("Tata Power") (the "Share Sale") as per the terms of the Sale Purchase Agreement dated 30 March 2007 and by such corporate actions, all of Bumi’s Coal Companies would be debt free. The major part of the Share Sale proceeds would be used to fully redeem the outstanding balance of the US$900 million IndoCoal 2006-2 Notes and repay all intercompany debt in the Coal Companies. In anticipation of the completion of the Share Sale, Bumi announced an interim dividend in 2007 of Rp66 per share to its shareholders in its AGM/EGM on 23 May 2007 in Jakarta. A Board of Commissioners and Directors meetings of all Bumi’s coal subsidiaries have been held today and the newly constituted Boards formally inducted Tata Power members into the respective Boards, including KPC and Arutmin as per the terms of the Shareholders’ Agreement dated 30 March 2007. In addition, the coal off-take agreement with Tata for the sale of 10.8 million tonnes per annum of thermal coal at index linked prices for 12 years starting from 2009 will become effective from today. Mr. Ari Hudaya, President Director of Bumi commented "We view this Share Sale to Tata Power, the largest private sector power producer in India and part of the diversified and globally reknowned US$27 billion Tata Group as tremendously synergistic and mutually beneficial presenting many opportunities for long-term strategic partnering for Bumi in realizing its vision to become a world class diversified mining resource company. We look forward to working closely alongside Tata Power and maximize future value to all our stakeholders”. Mr. Prasad Menon, Managing Director of Tata Power commented “We are happy to complete the Share Sale. It’s our endeavour to maximize shareholder value and securitize our fuel requirements in light of the aggressive growth plans chartered out by our company”. Credit Suisse (Singapore) Limited acted as exclusive financial advisor to PT Bumi Resources Tbk in relation to the Share Sale transaction. About Bumi and the Coal Companies Kaltim Prima Coal and Arutmin are, by far, the largest thermal coal producers in Indonesia and ranked second as the biggest thermal coal exporter globally with approximately 7.2 billion metric

tonnes of combined coal reserves and resources as of December 2005. Additionally, KPC is the single largest thermal coal exporting mine in the world. In 2006, the Coal Companies shipped over 50 MT of coal, of which 95% was sold in overseas markets – predominantly Asia,including Japan, Taiwan, South Korea, India and China, followed by Europe and the Americas. Bumi Resources expects to ship, at least, 58 MT of coal in 2007 compared with 50 MT in 2006 – a projected increase of 16%. They have already sold around 24 MT between January and May in 2007. About Tata Power The Tata Power Company is India's largest private sector power producer with an installed generation capacity of over 2,300 MW. The company has emerged as a pioneer in the Indian power sector, with a track record of performance, customer care and sustained growth. Tata Power has a presence in all the segments of the power sector viz generation (thermal, hydro, solar and wind), transmission and distribution. Tata Power will be adding nearly 10,000 MW of additional generating capacity in the next 5 years, including the 4,000 MW Mundra Ultra Mega Power Plant. For further information, please contact: Ari S. Hudaya Dileep Srivastava President Director Senior Vice President Investor Relation PT Bumi Resources Tbk. PT Bumi Resources Tbk. Tel (62-21) 5794 2080 Tel (62-21) 5794 2080 Fax (62-21) 5794 2070 Fax (62-21) 5794 2070 email dileep@bumiresources.com