Our Expansion Plan

Indonesia Low steel Intensity - Upside opportunity 1,000 Steel Consumption Capita ⚫ Taiwan Koreanada Italy Japan USA Germany O Malaysia Saudia Arab 100 O Thailand O China ◆ S. Africa Egypt 10 100 Sources: SEAISI - 2005 O Philippines ● Indonesia 1000 10000 100000 GDP/Capita ($) Inter-material Share Construction Segment 2005 Concrete 60% Other 7% Steel 8% Timber 25% Includes roof cladding, purlins, walling, partitions, cable tray, decking, frames, door/window frame, walling etc. Source: extrapolated from PT. Data Consult report Page 14

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