CBM Asia Development Corp. Issues Amended and Restated Financial Statements for the Period Ended September 30, 2013

CBM Asia Development Corp. ("CBM Asia" or the "Company") (TSX
VENTURE:TCF)(US:CBMDF)(FRANKFURT:IY2) announces that, as a result of a review by
the British Columbia Securities Commission, it has filed on SEDAR amended and
restated unaudited interim condensed consolidated financial statements for the
nine months ended September 30, 2013, which financial statements have been
amended to reflect the comparative figures for the three month period ended
September 30, 2013 and 2012 on the statements of comprehensive loss and the
statements of cash flows.


ON BEHALF OF CBM ASIA DEVELOPMENT CORP. 

Charles W. Bloomquist, President and CEO

ABOUT CBM ASIA DEVELOPMENT CORP.

CBM Asia Development Corp. is a Canadian-based unconventional gas company with
significant coalbed methane ("CBM") exploration and development opportunities in
Indonesia. The Company holds various participating interests in five production
sharing contracts (each a "PSC") for CBM in Indonesia. Indonesia has one of the
largest CBM resources in the world with a potential 453 trillion feet3 in-place,
more than double the country's natural gas reserves (Stevens and Hadiyanto,
2004). Since 2008 a total of 54 CBM PSCs have been granted by the Government of
Indonesia, representing exploration commitments of well over US$100 million
during the next 3 years. In addition to CBM Asia, other companies active in CBM
exploration in Indonesia include BP, Dart Energy, ENI, Medco, Santos, and TOTAL.
BP, ENI, and the Indonesian government have confirmed that commercial CBM
production started in March 2011 from the Sanga-Sanga PSC and is being exported
from the Bontang LNG facility. The Company trades on the TSX Venture Exchange
under the symbol "TCF". www.cbmasia.ca


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CBM Asia Development Corp.
Charles Bloomquist
604.684.2340 or Toll Free: 866.504.4755
604.684.2474 (FAX)
[e-mail]
www.cbmasia.ca


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