Investor Presentaiton

GRAPH 2. HOUSEHOLD SPENDING, INVESTMENT, AND EXPORTS SPURRED GROWTH IN THE FIRST THREE QUARTERS OF 2008 Source of Growth do % 16 Export 14 12 Investment Government Cons. 10 |Household Cons. 00 8 co 6 +++ 2 0 2007 2008 High commodity prices increased export earnings and investment in 2008, but those prices had dropped drastically by the 4th quarter (not shown on graph). Government expenditure increased, perhaps in preparation for the elections. (Source Danareksa Research Institute: Yearly Outlook Jan 2009)

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