This  material  has  been  prepared  by PT. Sikars Petroleum Nusantara solely  for use  at  the  presentation.  This  document  is  strictly confidential and is intended only for the  recipients. Each person  receiving this document  or participating in such meeting or discussions hereby agrees not to disclose, disseminate or communicate the information contained in this document in whole or in part to any person without SMU’s prior written permission. In particular, none of the information appearing in this document may be distributed to the press or other media or reproduced  in any form at any time and any unauthorized use or disclosure of any information contained in this document, is prohibited.

This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. No representation or warranty,  either express  or implied,  is provided in relation to  the  accuracy, completeness or reliability of the    information contained herein, nor is it intended to be a complete statement or summary of the securities markets or developments referred to in this material. It should not be regarded  by recipients as a substitute for the exercise of their own judgment. Any opinions expressed  in this material are subject to change without notice and may differ or be contrary to opinions expressed  by other business areas or groups of the Company as a result of using different assumptions and criteria.