CBM Asia Development Corp.
TSX VENTURE : TCF
FRANKFURT : IY2
OTC Bulletin Board : CBMDF

CBM Asia Development Corp.

May 05, 2009 15:46 ET

CBM Asia Development Corp. Files 2008 Year End Documents and Report Under National Instrument 51-101

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2009) - CBM Asia Development Corp. (TSX VENTURE:TCF)(OTCBB:CBMDF)(FRANKFURT:IY2) today announced that it has filed on SEDAR its 2008 annual management's discussion and analysis and the audited consolidated financial statements and notes for the year ended December 31, 2008. The documents are available on SEDAR at www.sedar.com.

In addition, CBM Asia has filed its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information, and Form 51-101F3 - Report of Management and Directors on Oil and Gas Disclosure with applicable securities regulators in Canada under National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities. These filings can also be accessed electronically from the SEDAR website at www.sedar.com.

CBM Asia Development Corp. is engaged in the business of investigating and acquiring the rights to coalbed methane exploration in Indonesia, followed by the development and delivery of this valuable resource.

ON BEHALF OF CBM ASIA DEVELOPMENT CORP.

Alan T. Charuk, President & CEO

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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