TIDMPAL 
 
RNS Number : 9020M 
Equatorial Palm Oil plc 
02 June 2010 
 
    Equatorial Palm Oil plc / Index: AIM / Epic: PAL / Sector: Food Producers 
2 June 2010 
                Equatorial Palm Oil plc ('EPO' or 'the Company') 
                      Shipment of palm oil processing mill 
 
Equatorial Palm Oil plc, the AIM listed Liberian focussed sustainable oil palm 
plantation developer, is pleased to announce that the Company's first palm oil 
processing mill is now in transit from Malaysia and is expected to be delivered 
to Liberia by the end of July.  On arrival at Monrovia, the mill will then be 
transported by road to the Palm Bay Plantation ('Palm Bay'), which is the first 
of three areas scheduled for production within the Company's 169,000 hectare 
land position. 
 
The oil processing mill, with a rated throughput of five tonnes of fresh fruit 
bunches per hour, was manufactured by Modipalm Engineering Sdn. Bhd, a leading 
Malaysian manufacturer of palm oil mills.  Crude Palm Oil ('CPO') will be 
produced from fruit obtained from the on-going reactivation of 3,000 hectares of 
plantation at EPO's Palm Bay Plantation in Liberia, providing cash flow for the 
Company in Q4 2010. 
 
EPO Chairman Michael Frayne said, "The mill will allow us to generate revenues 
from fruit bunches harvested from 3,000 hectares of existing plantation 
currently being rehabilitated at Palm Bay and represents an essential step in 
establishing EPO as a producer of CPO.  Having initiated the rehabilitation 
process at Palm Bay, commenced establishment of our seedling nurseries and now 
employing over 200 people to work across EPO's plantations, we are moving 
towards our first production and sale of CPO.  Revenues generated will be 
reinvested in our active development plan which is aimed at maximising the value 
of our c.169,000 hectare land position.  Importantly, sales will further improve 
our balance sheet which was recently boosted by the GBP5 million investment by 
BioPalm Energy Ltd, a fully owned subsidiary of Indian conglomerate The Siva 
Group." 
 
                                  * * ENDS * * 
 
 For further information please visit www.epoil.co.uk, www.modipalm.com.my, or 
contact: 
+--------------+---------------------------+-------------------+ 
| Michael      | Equatorial Palm Oil plc   | Tel: 020 7766     | 
| Frayne       |                           | 7555              | 
+--------------+---------------------------+-------------------+ 
| Peter Krens  | Mirabaud Securities LLP   | Tel: 020 7484     | 
|              |                           | 3510              | 
+--------------+---------------------------+-------------------+ 
| Pascal Keane | Shore Capital & Corporate | Tel: 020 7408     | 
|              | Limited                   | 4090              | 
+--------------+---------------------------+-------------------+ 
| Edward       | Shore Capital & Corporate | Tel: 020 7408     | 
| Mansfield    | Limited                   | 4090              | 
+--------------+---------------------------+-------------------+ 
| Hugo de      | St Brides Media & Finance | Tel: 020 7236     | 
| Salis        | Ltd                       | 1177              | 
+--------------+---------------------------+-------------------+ 
| Paul Youens  | St Brides Media & Finance | Tel: 020 7236     | 
|              | Ltd                       | 1177              | 
+--------------+---------------------------+-------------------+ 
 
Notes to editors: 
 
About Equatorial Palm Oil 
EPO's objective is to become a producer of sustainable, low-cost CPO and to this 
end it has extensive operations located near the coast in Liberia, West Africa. 
The Company's operational strategy is expected to be implemented through three 
core business activities: the rehabilitation of existing oil palm plantations; 
the development of new plantations; and the development of out-grower small 
holdings.  The Company has secured Government ratified Investment Agreements in 
Liberia for the investment, rehabilitation and participation by the Group over a 
sizeable acreage of existing oil palm plantations.  EPO's operations have 
already commenced at the Butaw Plantation and Palm Bay Plantation. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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