Investor Presentaiton

PGN's Near Term Growth Plan Strategy 1 Asset and operation optimization particularly in East Java and West Java areas Expansion of distribution business in key markets: • Sumatera (Greater Medan Area & Dumai-Riau) 2019 Targets* Total CAPEX (USDM) Transmission Volume (MMScfd) pgn 460 2,100 2 • Java (Greater Semarang Area – C Java, E Java, &W Java - Distribution Volume 900-950 • Central and Eastern Indonesia (MMScfd) 3 • Gresik - Semarang Upstream Lifting** (BOEPD) 30,000 4 Completion of transmission lines: • Grissik - Pusri Market expansion for LNG business for power and retail sectors Tapping into Central and Eastern Indonesia markets • Retailing LNG 5 Synergy within Pertamina Group and other SOES * Gross Profit/ Unit (USD/MMBTU)*** Including Pertagas 2-2.5 ** Lower due to expiry of Sanga-Sanga & SES in 2018 *** May be reviewed if necessary 16

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