R.E.A. Holdings plc ("REA" or the "company")

Indonesian government proposals regarding commodity exports

The Indonesian government has recently announced a proposal concerning the export of Indonesian crude palm oil (“CPO”) and certain minerals. Pursuant to this proposal, exports of CPO and such minerals will in future be routed through a new Indonesian state marketing board. Details of precisely how and when this proposal will be fully implemented have not yet been announced.

REA sells its palm products into the domestic Indonesian market rather than directly into export markets, so any immediate direct impact would appear to be limited. However, as with any policy affecting Indonesian palm oil trade flows, there could potentially be indirect pricing or market effects, which may be either positive or negative, depending on the eventual implementation details.

Enquiries:

R.E.A. Holdings plc

Tel: 020 7436 7877