Biofutures Intl plc: Appointment of Arbitrator | Company Announcements

Wednesday 14 October, 2009

Biofutures Intl plc

Appointment of Arbitrator

RNS Number : 7728A

Biofutures International plc

14 October 2009

Biofutures International plc ("Biofutures" or the "Company")

14 October 2009

Appointment of Arbitrator

Further to the announcement dated 26 June 2009, the Company announces that Tan Sri Dato' Abdul Aziz bin Mohamad, a retired Malaysian Federal Court Judge, has been appointed by the Kuala Lumpur Regional Centre for Arbitration in connection with the dispute between the Company's wholly-owned subsidiary, Zurex Corporation Sdn Bhd ("Zurex") and JJ-Lurgi Engineering Sdn Bhd ("JJ-Lurgi") in relation to the contract between Zurex and JJ-Lurgi dated 26 January 2007 for the supply of components for the construction of a 200,000 tonnes per annum palm oil biodiesel plant at Lahad Datu, Sabah, Malaysia.

Further announcements regarding the progress of the arbitration will be made in due course.

Enquiries:
Julie Pomeroy, Finance Director - Biofutures International plc	tel: 07936 848 343
Derek Crowhurst - Blomfield Corporate Finance Limited	tel: 020 7489 4500
Daniel Briggs - Religare Hichens, Harrison plc	tel: 020 7382 7776

This information is provided by RNS

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