Corporate Presentation 6M2015 Results

Million Tones Commercial Review Indonesian Domestic Demand Vs Exports (Mt) 1200 Domestic demand, Exports, Mt 1000 800 600 400 200 40% 35% 30% 25% 20% Demand/Production, % 17% 0% 0% Bukit Asam National Coal Review Primary Energy Mix (%) 0% 1% 18% 2011 36% 23% 1.446 juta SBM / million BOE 11% 2015 22% Batubara / Coal Minyak/Oil 32% Gas/Gas Kayu bakar/Firewood 28% Limbah pertanian/Agri Waste Hidro/Hydro Panas bumi/Geothermal 1.774 juta SBM / million BOE BBN B100/Biofuel 36% 39% EBT Lainnya / Other NRE 11% 0 15% 13% 2025 2030 2008 2011 2014 2017 2020 2023 2026 2029 2032 2035 Domestic demand Exports Demand % 33% 33% Source: Wood Mackenzie Coal Market Service, November 2013 Coal Consumption Guidance for Electricity Source: Agency For The Assessment And Application Of Technology, Dec 2013 Fuel Mix 2005-2021 : For Power Generation 100 80 200 180 160 140 120 རྞ ༄ ༅ ༈ ཎྜ ཎྜ ྂ ཋ ¥ ྾ ° PLN IPP Rental 80% 15% 100% 3% 2% LNG 5% 5% 5% 2% 5% 5% 3% 4% 4% 4% 4% 6% 7% 6% 90% 8% Hydropower 7% 12% 12% 7% 5% 13% 13% 6% 7% 13 Geothermal 13% 13% 5% 5% 4% 4% 4% 4% 4% 4% 4% 151.00 15% 16% 17% 142.77 21% 25% 20% 26% 130.92 70% 24% 22% 19% 19% 20% 19% 19% 26% 26% 120.17 Natural Gas 113.55 105.74 93.77 82.89 73.09 60% 83.46 77.66 41% 50% 45% 45% 43% 75.71 43% 73.78 72.67 47% 69.36 Coal 52% 53% 60 65.64 30% 52% 54% 52% 55% 57% 57% 57% 58% 58% 60.89 54.84 61.53 63.96 20% Oil 51.63 31N 20 32.97 37.42 42.81 28% 27% 276 23% 17.78 20.41 25.21 10% 16% 12 % 0- 0.46 1.58 2.93 3.41 3.47 3.58 3.58 3.58 3.58 7% 0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Source: PLN, 2014 Source: PLN, 2014 40% 10 07

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