LICENSING DISTRIBUTION OF PROSPECTUS AND SHARE SUBSCRIPTION ORDER

SK.288 M enhut -II 2010 April 27, 2010 SIUP - Large 00195-01 PB P 1.824.271 February 17, 2011 Special Road Const r uct ion Permit 551.21 1258a DISHUBKOM I NFO 2008 Oct ober 23, 2008 Tem porary St orage of Hazardous and Poisonous Wast e Permit 383 TAHUN 2010 July 20, 2010 Product ion Act ivit y St age Permit 10.K 40.00 dj b 2006 February 17, 2006 4 KIM SIUP - Large 035 05-02 PB XII 2008 P Novem ber 10, 2010 Product ion Operat ion M i ning Permit 251 DESDM TAHUN 2010 April 23, 2010 252 DESDM Tahun 2010 April 23, 2010 5 KCP SIUP - Large 00152-01 PB 1.824.271 January 7, 2011 Product ion Operat ion M i ning Permit 350 DESDM TAHUN 2009 Juli 22, 2009 6 TBBU SIUP - M edium 063 05-02 PM XI 2010 Novem ber 10, 2010 Product ion Operat ion M i ning Permit 249 DESDM TAHUN 2010 April 23, 2010 7 BBU SIUP - M edium 064 05-02 PM XI 2010 Novem ber 10, 2010 Product ion Operat ion M i ning Permit 341 DESDM Tahun 2009 Juli 9, 2009 Product ion Operat ion M i ning Permit 250 DESDM Tahun 2010 April 23, 2010 8 BHBA SIUP - M edium 062 05-02 PB XI 2010 Novem ber 10, 2010 Product ion Operat ion M i ning Permit 247 DESDM TAHUN 2010 April 23, 2010 9 BNP SIUP - M edium 01671-01 1.824.271 M arch 2, 2011 Approval of Product ion Operat ion M i ning Permit Ow nership Transfer 545 DESDM Tahun 2010 Decem ber 15, 2010 10 TKS Forest Ut ilizat ion Permit 319 M enhut -II 2010 M ay 19, 2010 SIUP - Small 510 078 SIUP Kecil KPPT February 16, 2011 Product ion Operat ion M i ning Permit 188.45 207 2010 April 26, 2010 Product ion Operat ion M i ning Permit 188.45 208 2010 April 26, 2010 Product ion Operat ion M i ning Permit 570 Tahun 2009 Desem ber 31, 2009 11 M AL SIUP - M edium 00135-01 PB P 1.824.271 Decem ber 28, 2010 Product ion Operat ion M i ning Permit 1259 TAHUN 2009 Sept ember 11, 2009 Approval of IUP Expirat ion Change t o M arch 8, 2021 No. 0672 Tahun 2010 June 10, 2010 12 NIP Product ion Operat ion M i ning Permit 1255 Tahun 2009 Sept ember 11, 2009 Approval of IUP Expirat ion Change t o M arch 8, 2021 No. 0671 Tahun 2010 June 10, 2010 SIUP - Large 503 24 PERINDAG UPDNI PB XI 2010 Novem ber 12, 2010

10. DESCRIPTION ON COMPANY’S ASSETS

The following are assets owned and controlled by the Company and its subsidiaries: NO TYPE OF ASSET LOCATION WIDTH DESCRIPTION BUNATI PORT 1 Land Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 14,243 m2 Building Ut ilizat ion Right s No. 02 dat ed Decem ber 5, 2008 2 Land Desa Bunat i, Kecamat an 9,996 Building Ut ilizat ion Right s No. Angsana, Tanah Bum bu, Sout h Kalimant an m2 03 dat ed Decem ber 5, 2008 3 Land Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 4,999 m2 Building Ut ilizat ion Right s No. 04 dat ed Decem ber 5, 2008 4 Land Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 9,999 m2 Building Ut ilizat ion Right s No. 05 dat ed Decem ber 5, 2008 5 Land Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 9,997 m2 Building Ut ilizat ion Right s No. 06 dat ed Decem ber 5, 2008 6 Dum p Hopper Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 112.75 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 7 Crussing House Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 225 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 8 Transfer Tow er 1 Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 23 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 9 Reclaim Conveyor 1 and 2 Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 58 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 10 Onshor e Take Up Tow er Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 23 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 11 Loadi ng Conveyor Desa Bunat i, Kecamat an Angsana, Tanah Bum bu, Sout h Kalimant an 84 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B- IM B VII 2010 12 Transfer Conveyor Desa Bunat i, Kecamat an Angsana, Tanah 1,420 m2 Bulding Const ruct ion Permit No. 640 0276 PEM B-