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Investor Presentaiton

◉ Management Key Focus Areas Free cash Flow. The primary financial focus of BUMA with objective to create and hold cash. Delta Dunia Account Receivables: Past due ARs peaked in Q4 2012. Management has a focused calling plan on every customer that has past due ARs. All accounts are moving in the right direction - will be FCF accretive in 2013 CAPEX: Management has cancelled or reallocated most CAPEX for this year. CAPEX number will be reduce by 80%-90% against 2012 (may change due to new contracts). 2011 cash capex was US$220 million and 2012 was US$ 256 million People Efficiency: Management is taking difficult human resource decisions through right sizing process. Cost Reduction: Management is driving efficiency across all operations (example: fuel, drill & blast, tire, rental, park equipment) Customer Optimization. Management is reviewing every contract to assure long term mutually beneficial partnership Operational Excellence. Management continues to drive excellence in operational executions Business Excellence (BE): To deliver improvement initiatives and institutionalize operational excellence BUMA Management Systems (BMS): Institutionalize operational excellence with system and process BUMAnisasi: Institutionalize operational excellence behavior through leadership, welfare, training and development programs. 4
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