Investor Presentaiton

Financial Review Bukit Asam PTBA Versus Global & Local Peers 33% 22% 16.959 17% 7.954 YZC ACI BYAN BTU BUMI ITMG HRUM BRAU ADRO PTBA AVERAGE -0.692 GROSS_MARGIN OPER_MARGIN NET_MARGIN Source: Bloomberg, 14 October 2014 YZC :Yanzhou Coal Mining ACI : Arch Coal Inc. — USA (NYSE) - ADRO : PT Adaro Energi - IDX HRUM : PT Harum Energi - IDX BRAU : PT Berau coal - IDX ITMG BTU : Peabody Energy Corp. - USA (NYSE) PTBA : PT Bukit Asam - : PT Indo Tambangraya Megah - IDX - IDX BUMI : PT Bumi Resources - IDX BYAN : PT Bayan Resources - IDX 11

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