Yes, really. At the Isle of Wight Festival on Sunday 16th June 2013. Hopefully the weather will be better this year.
Bob Geldof says: "Playing again with The Rats and doing those great songs again will be exciting afresh. We were an amazing band and I just feel it's the right time to re-Rat, to go back to Boomtown for a visit. Also, I’ve always fancied playing the Isle of Wight Festival ever since I hitched there in the good/bad days when I was a kid. I saw The Who, Doors (I think) Hendrix and Leonard Cohen, who incidentally blew Hendrix off the stage, and Kris Kristofferson, who was also amazing - God, so many cool bands. I also told several very boring frog anarchist types to go and fuck themselves and then stayed for a night in Hawkwind’s tent. That's pretty IOW. Maybe Hawkwind are playing again this year. Maybe I could use the tent again. It will be a privilege to be on that stage especially with a killer band like The Boomtown Rats."
http://www.isleofwightfestival.com/news/news/the-boomtown-rats-reform-and-play-sunday-227.aspx