Investor Presentaiton

12 BAU 10 Cumulative Area (Mha) 2 4 6 CO 0 2007-2009 2010-2011 Planned Deforestation Scenario (only on Convertible Forest called HPK) Miti-1 Miti-2 2012-2015 2016-2020 2021-2025 BAU: All HPK will be converted for non-forest activities irrespective of forested or non-forested until 2025 Mitigation: Forested HPK will be maintained as forest area (Miti1: 50% and Miti2: 75%) Supporting Regulations PP. 10/2010 and PP11/2010; National forest policy for avoiding deforestation; establishment of forest management unit (FMU)

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