Release: Straits Asia: Acquisition of Sebuku island northern leases transaction completed

(19 December 2007)--Further to the announcement made on 25 Oct 2007, Strais Asia Resources Limited is pleased to announce that all conditions precedent in the sale and purchase agreements to acquire the mining, exploration and offtake rights to the coalmining areas to the north of its existing operations on Sebuku island have been finalised today. (end of release)