PT ESTU ARTHA LANCAR ENGINEERING SUPPLY CONSTRUCTION

PT. ESTU ARTHA LANCAR ENGINEERING, SUPPLY & CONSTRUCTION COMPANY

COMPANY n Company Name : PT. Estu Artha Lancar n Head Office : Jl. Bangka I no. 4 A Lt. 2, Pela Mampang, Jakarta Selatan, Indonesia, 12720 n Phone : (62. 21) 32151718 n Fax : (62. 21) 7201270 PT. ESTU ARTHA LANCAR 2

COMPANY REGISTRATION n Akte Pendirian l l l l : 3 : 11 Oktober 2006 : Hj. Suzie FH. Tadjoedin SH Nomor Tanggal Instansi : W 7 -06282 HT. 01. 04 – th 2007 : 07 Juni 2007 : Dept, Hukum dan HAM SIUP l l l n Nomor Tanggal Notaris Pengesahan l n : 102 : 16 April 1993 : Ny. SP Henny Shidky SH Akte Perubahan l n Nomor Tanggal Notaris Nomor Tanggal Instansi : 00714 / 1. 824. 271 : 27 Februari 2007 : Dinas Perindag Pemda DKI Jakarta NPWP l Nomor : 01. 620. 462. 0 -014. 000 PT. ESTU ARTHA LANCAR 3

MANAGEMENT n COMMISSIONER l n PRESIDENT DIRECTOR l n UTORO WREKSOATMODJO, SE IR. EMIL JUDO RAHARDJO DIRECTOR l NOVITA WREKSOATMODJO, SE PT. ESTU ARTHA LANCAR 4

ENGINEERS PROCESS ENGINEER 2 person(s) PIPING & MECHANICAL ENGINEER 2 person(s) CIVIL ENGINEER 4 person(s) PIPELINE ENGINEER 2 person(s) HSE ENGINEER 1 person(s) ELECTRICAL & INSTRUMENTATION ENGINEER 3 person(s) TELECOMMUNICATION ENGINEER 1 person(s) QA/QC ENGINEER 1 person(s) CONSTRUCTION ENGINEER 2 person(s) CONTRACT ADMIN & PROGRESS 2 person(s) PT. ESTU ARTHA LANCAR 5

EXPERIENCES n ENGINEERING n n n n (2006 – 2007) OFFSTAKE STATION INSTALLATION (2006 – 2007) PERUSAHAAN GAS NEGARA SOUTH SUMATRA – WEST JAVA 4 PIPELINE ONSHORE PROJECT, 32 KM 24” GAS ONSHORE PIPELINE, MUARA BEKASI TO RAWA MAJU (2007) LPG PLAN FLOW LINE SYSTEM PHASE 1, GRESIK (2007) LPG TANK & LOADING SYSTEM PHASE 1, GRESIK (2007 – ONGOING) EHTYLENE GAS RECEIVING SYSTEM PROJECT PT. STYRINDO MONO INDONESIA, CILEGON (2007 – ONGOING) TTU TUBAN PERTAMINA PROJECT, 120 KM 18” FUEL ONSHORE PIPELINE, TUBAN TO SURABAYA (2008 – ONGOING) KAMBUNA ONSHORE PIPELINE AND MODULE-1 ONSHORE RECEIVING FACILITIES (2008 – ONGOING) GUNUNG MEGANG SINGA GAS BOOSTER PIPELINE PROJECT PT. ESTU ARTHA LANCAR 6

EXPERIENCES n SUPPLY n n (2007) LPG PLAN FLOW LINE SYSTEM PHASE 1, GRESIK (2007) LPG TANK & LOADING SYSTEM PHASE 2, GRESIK (2008) PT. STYRINDO MONO INDONESIA’s Y-STRAINER(s) CONSTRUCTION n n (2007) LPG PLAN FLOW LINE SYSTEM PHASE 1, GRESIK (2007 - ONGOING) LPG TANK & LOADING SYSTEM PHASE 1, GRESIK PT. ESTU ARTHA LANCAR 7

PROJECT PROFILE n Project Title : “OFFTAKE STASION INSTALLATION” l The custody transfer station for gas supplies from TGI (Transgasindo) into PGN Natural Gas Riau Distribution Network. l ESTU provides the following services : n n n l Project Management Detailed Design Construction Commissioning As-built Hand over Documentation Profile : n Fiscal Metering Station included : l n Buildings included : l l l First Filtration, Inlet Filters, Meters (Ultrasonic), Chromatographs, Analyzers, Control Valves, Regulators, Odorize, Corrosion Inhibitor, Process Pipe work, Venting Pipe work, Instrumentation and Controls, Scada, Switchboards, Diesel Scada, Generators, and Transformers. Capacity Client Administration, Control Room, Fire Station, Utilities, Metering Shelter, Analyzer Shelter and Guard House. : Up to 150 MMSCFD : PT. YUAN SEJATI PT. ESTU ARTHA LANCAR 8

PROJECT PROFILE n Project Title : “LPG PLANT FLOW LINE SYSTEM PHASE 1” l The Network. l ESTU provides the following services : n n n n l Project Management Detailed Design Procurement / Material Supplies Construction Commissioning As-built Hand over Documentation Profile : n Fiscal Metering Station included : l l l Capacity Client First Filtration, Inlet Filters, Meters (Orifice), Chromatographs, Analyzers, Control Valves, Regulators, Process Pipe work, Venting Pipe work, Instrumentation and Controls : Up to 40 MMSCFD : PT. MEDIA KARYA SENTOSA PT. ESTU ARTHA LANCAR 9

PROJECT PROFILE n Project Title : “LPG TANK & LOADING SYSTEM PHASE 1” l The Network. l ESTU provides the following services : n n n n l Project Management Detailed Design Procurement/ Material Supplies Construction Commissioning As-built Hand over Documentation Profile : n Fiscal Metering Station included : l l l Capacity Client Tank System, Flare Header System including Flare Sub-system, Loiading Facilities, Flare Stack, Tank gauging System, Pump Syatem, Instrumentation and Syatem, Control System : Up to 40 MMSCFD : PT. MEDIA KARYA SENTOSA PT. ESTU ARTHA LANCAR 10

PROJECT PROFILE n Project Title : “SOUTH SUMATRA – WEST JAVA GAS PIPELINE ONSHORE PROJECT” l PERUSAHAAN GAS NEGARA SOUTH SUMATRA – WEST JAVA GAS PIPELINE ONSHORE PROJECT, 30 KM 32” GAS ONSHORE PIPELINE, MUARA BEKASI TO RAWA MAJU. l ESTU provides the following services : n n n l Detailed Design Procurement Assistance Construction Engineering As-built Hand over Documentation Profile : n Pipeline included : l l l Capacity Client Pipeline Detailed Engineering consists of: 4 Block Valve Station, River and Road Crossings, Anchor Blocks, Cathodic Protection System : Up to 400 MMSCFD Gas : PT. CITRA PANJI MANUNGGAL PT. ESTU ARTHA LANCAR 11

PROJECT PROFILE n Project Title : “EHTYLENE GAS RECEIVING SYSTEM PROJECT” l EHTYLENE GAS RECEIVING SYSTEM PROJECT PT. STYRINDO MONO INDONESIA, CILEGON l ESTU provides the following services : n n n n l Detailed Design Procurement Assistance Construction Engineering Commissioning As-built Hand over Documentation Fitting Supplies (Variation Order) Profile : n Compressor included : l l l Capacity Client Comppressor Units, First Filtration, Inlet Filters, Coriolis Meters, Chromatographs, Analyzers, Control Valves, Regulators, Process Pipe work, Venting Pipe work, Instrumentation and Controls. : Up to 45 Psi of Ethylene Gas : PT. CITRA PANJI MANUNGGAL PT. ESTU ARTHA LANCAR 12

PROJECT PROFILE n Project Title : “TTU TUBAN PERTAMINA PROJECT” l TTU TUBAN PERTAMINA PROJECT, 136 KM 16” FUEL ONSHORE PIPELINE, TUBAN TO SURABAYA l ESTU provides the following services : n n n l Detailed Design Project Management Procurement Assistance Construction Engineering As-built Hand over Documentation Profile : n Pipeline included : l l l Capacity Client Pipeline Detailed Design consists of: 2 HDD, 13 Block Valve, Road and River Crossings, Swamp Area, Anchor Blocks, Cathodic protection System : 15, 000 barrel / day : PT. CITRA PANJI MANUNGGAL for PERTAMINA PT. ESTU ARTHA LANCAR 13

PROJECT PROFILE n Project Title : “KAMBUNA ONSHORE PIPELINE AND MODULE-1 ONSHORE RECEIVING FACILITIES” l KAMBUNA PROJECT, 57 KM OFFSHORE TO ONSHORE PIPELINE, GELAGAH KAMBUNA l ESTU provides the following services : n n l Electrical and Instrumentation Detailed Design Hand over Documentation Profile : n Electrical and Insturmentation included : l l Client Pressure Transmitter, Pressure Indicator, Temperature Transmitter, Temperature Indicator, Pressure Control Valve, Silenoid Valve, Pressure Safety Valve, Corrosion Coupon, Corrosion Probe, Pig Signal, Electrical Grounding, Electrical Lighting, Tubing Layout. : PT. CITRA PANJI MANUNGGAL for ASIA PETROLEUM DEVELOPMENT PT. ESTU ARTHA LANCAR 14

PROJECT PROFILE n Project Title : “GUNUNG MEGANG SINGA GAS BOOSTER PIPELINE PROJECT” l GUNUNG MEGANG SINGA GAS BOOSTER PIPELINE PROJECT, 17, 5 KM ONSHORE. l ESTU provides the following services : n n n l Detailed Design Procurement Assistance Construction Engineering As-built Hand over Documentation Profile : n Compressor and Pipeline included : l l Client Comppressor Units, Control Valves, Process, Pipeline Detailed Design, Instrumentation and Controls, Electrical and Civil Works. : PT. CITRA PANJI MANUNGGAL for MEDCO ENERGY PT. ESTU ARTHA LANCAR 15

PROJECT PROFILE n Project Title : “PROJECT MANAGEMENT – TTU TUBAN” l TTU TUBAN PERTAMINA PROJECT, 136 KM 16” FUEL ONSHORE PIPELINE, TUBAN TO SURABAYA l ESTU provides the following services : n l Man. Power Supplies Client : PT. CITRA PANJI MANUNGGAL for PERTAMINA PT. ESTU ARTHA LANCAR 16

PROJECT PROFILE n Project Title : “PROJECT MANAGEMENT – JAMBI MERANG PIPELINE PROJECT” l JAMBI TO MERANG PIPELINE PROJECT, SUMATRA l ESTU provides the following services : n l Man. Power Supplies Client : PT. CITRA PANJI MANUNGGAL for Amerada Hess PT. ESTU ARTHA LANCAR 17

Resources Software PROCESS software Hysis PIPING & MECHANICAL software Caesar, Pvelite PIPELINE software Autocad PDMS CIVIL software SAP ELECTRICAL & INSTRUMENTATION software PT. ESTU ARTHA LANCAR Etap, Instru. Cal 18

FINANCIAL REPORT PT ESTU ARTHA LANCAR LAPORAN LABA RUGI UNTUK PERIODE YANG BERAKHIR 31 DESEMBER 2006 DAN 30 JUNI 2007 Cat 2007 2006 PENDAPATAN 10 1. 655. 897. 143 2. 157. 768. 367 BEBAN OPERASIONAL 11 (1. 547. 833. 977) (2. 033. 743. 575) 108. 063. 166 12. 024. 792 2. 207. 842 3. 807. 842 110. 271. 008 127. 832. 634 (13. 783. 800) (16. 034. 300) 96. 487. 208 111. 798. 334 LABA OPERASI PENDAPATAN DAN BEBAN NON OPERASIONAL 12 LABA BERSIH SEBELUM PAJAK TAKSIRAN PAJAK 13 LABA BERSIH SETELAH PAJAK PT. ESTU ARTHA LANCAR 19

FINANCIAL REPORT PT ESTU ARTHA LANCAR NERACA PER 31 DESEMBER 2006 DAN 30 JUNI 2007 AKTIVA LANCAR Kas dan setara kas Piutang Dagang Proyek dalam pelaksanaan CAT 3 4 5 2007 2006 Jumlah Aktiva Tidak Lancar JUMLAH AKTIVA 6 500. 256. 521 124. 880. 729 138. 633. 333 KEWAJIBAN JANGKA PENDEK Hutang Dagang Hutang Pajak CAT 124. 880. 729 138. 633. 333 732. 745. 837 638. 889. 854 7 8 2007 2006 2. 000 13. 783. 800 674. 000 17. 741. 025 15. 783. 800 18. 415. 025 500. 000 SALDO LABA AKTIVA TIDAK LANCAR Aktiva Tetap – Nilai Bersih setelah dikurangi penyusutan 292. 420. 844 10. 540. 000 197. 295. 677 607. 865. 108 Jumlah Aktiva Lancar 353. 009. 369 5. 400. 000 249. 455. 739 KEWAJIBAN DAN EQUITAS 216. 962. 037 120. 474. 829 Jumlah Ekuitas 716. 962. 037 620. 474. 829 732. 745. 837 638. 889. 845 Jumlah Kewajiban Jangka Pendek EQUITAS Modal Saham – Modal Dasar 5000 Saham @ Rp. 100. 000 ditempat dan disetor penuh JUMLAH KEWAJIBAN DAN EQUITAS PT. ESTU ARTHA LANCAR 9 20

FINANCIAL REPORT PT ESTU ARTHA LANCAR LAPORAN LABA RUGI UNTUK PERIODE YANG BERAKHIR 31 DESEMBER 2005 DAN 2006 Cat 2006 2005 PENDAPATAN 10 2. 157. 768. 367 223. 535. 416 BEBAN OPERASIONAL 11 (2. 033. 743. 575) (214. 218. 890) 12. 024. 792 9. 316. 526 3. 807. 842 323. 969 127. 832. 634 9. 640. 495 (16. 034. 300) (964. 000) 111. 798. 334 LABA OPERASI PENDAPATAN DAN BEBAN NON OPERASIONAL 12 LABA BERSIH SEBELUM PAJAK TAKSIRAN PAJAK 13 LABA BERSIH SETELAH PAJAK PT. ESTU ARTHA LANCAR 21

FINANCIAL REPORT PT ESTU ARTHA LANCAR NERACA PER 31 DESEMBER 2005 DAN 2006 AKTIVA LANCAR Kas dan setara kas Piutang Dagang Proyek dalam pelaksanaan CAT 3 4 5 2006 2005 Jumlah Aktiva Tidak Lancar JUMLAH AKTIVA 6 399. 032. 004 138. 633. 333 111. 031. 251 KEWAJIBAN JANGKA PENDEK Hutang Dagang Hutang Pajak CAT 138. 633. 333 111. 031. 251 638. 889. 854 510. 063. 255 7 8 2006 2005 674. 000 17. 741. 025 422. 760 964. 000 18. 415. 025 1. 386. 760 500. 000 SALDO LABA AKTIVA TIDAK LANCAR Aktiva Tetap – Nilai Bersih setelah dikurangi penyusutan 273. 276. 065 125. 755. 939 500. 256. 521 Jumlah Aktiva Lancar 292. 420. 844 10. 540. 000 197. 295. 677 KEWAJIBAN DAN EQUITAS 120. 474. 829 8. 676. 495 Jumlah Ekuitas 620. 474. 829 508. 676. 495 638. 889. 845 510. 063. 255 Jumlah Kewajiban Jangka Pendek EQUITAS Modal Saham – Modal Dasar 5000 Saham @ Rp. 100. 000 ditempat dan disetor penuh JUMLAH KEWAJIBAN DAN EQUITAS PT. ESTU ARTHA LANCAR 9 22