The board of Forum (the “Board”) is pleased to announce the sale of its interest in FCCC to CR Nichrome, a Filipino mining company for US$1 million in cash.   

FCCC holds the COC131 Coal Operating Contract in Cebu, Philippines.   

The proceeds of the sale will be used for general working capital purposes.   

For further information please contact:
Forum Energy Plc
Walter W. Brown                     Tel: +44 (0)1932 445 344
Chief Executive Officer

Andrew Mullins,                                     
Executive Director

Noble & Company Ltd (Nominated Adviser & Broker)
Brian Stockbridge                               Tel: +44 (0)20 7763 2200

Or visit the Company's website: www.forumenergy.com