Credit risk FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES continued

PT KRAKATAU STEEL PERSERO TBK DAN ANAK PERUSAHAAN CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASI Tahun yang Berakhir Pada Tanggal-tanggal 31 Desember 2010 dan 2009 Disajikan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO TBK AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Years Ended December 31, 2010 and 2009 Expressed in millions of Rupiah, Unless Otherwise Stated 114

32. KOMITMEN DAN PERJANJIAN PENTING lanjutan

32. SIGNIFICANT AGREEMENTS AND COMMITMENTS continued

a. Fasilitas Letter of Credit LC yang telah dibuka dan belum digunakan lanjutan: a. Opened but not yet used Letters of Credit LC facilities continued: 2010 2009 Perusahaan lanjutan The Company continued PT Bank CIMB Niaga Tbk PT Bank CIMB Niaga Tbk US 27.538.420 20.317.500 US Rupiah - 11.212 Rupiah Standard Chartered Bank - US - 20.317.500 Standard Chartered Bank - US PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk US 6.693.920 18.069.688 US Rupiah 30.000 - Rupiah The Hongkong and Shanghai The Hongkong and Shanghai Banking Corporation Ltd. - US 1.407.450 2.777.616 Banking Corporation Ltd. - US Deutsche Bank AG Deutsche Bank AG EUR 696.389 2.561.394 EUR PT Bank Permata Tbk - US 940.000 5.502.800 PT Bank Permata Tbk - US Anak Perusahaan The Subsidiaries PT Krakatau Wajatama PT Krakatau Wajatama PT Bank Negara Indonesia Persero PT Bank Negara Indonesia Persero Tbk - US 9.991.938 8.957.703 Tbk - US PT Bank Permata Tbk - US 5.067.441 2.325.000 PT Bank Permata Tbk - US PT Bank Danamon Indonesia Tbk - US - 5.302.000 PT Bank Danamon Indonesia Tbk - US PT KHI Pipe Industries PT KHI Pipe Industries PT Bank Rakyat Indonesia Persero Tbk PT Bank Rakyat Indonesia Persero Tbk US 7.123 - US Rupiah 110 - Rupiah PT Krakatau Engineering PT Krakatau Engineering PT Bank Negara Indonesia Persero Tbk PT Bank Negara Indonesia Persero Tbk EUR - 2.193.192 EUR US 439.157 1.367.900 US Rupiah 290 3.275 Rupiah PT Meratus Jaya Iron Steel PT Meratus Jaya Iron Steel PT Bank Rakyat Indonesia Persero Tbk PT Bank Rakyat Indonesia Persero Tbk US - 6.406.400 US EUR - 331.783 EUR Perusahaan The Company b. Perusahaan memperoleh fasilitas kredit modal kerja dari Standard Chartered Bank dengan jumlah maksimum sebesar US40.000.000. Fasilitas ini dapat digunakan sebagai fasilitas LC, UPAS, dan export bill purchase. Fasilitas kredit ini akan berakhir pada tanggal 31 Juli 2011 dan dapat diperpanjang secara otomotis selama 3 bulan ke depan apabila kondisi- kondisi tertentu terpenuhi. Pada tanggal 31 Desember 2010 dan 2009, fasilitas kredit ini belum digunakan. b. The Company obtained a working capital credit facility from Standard Chartered Bank with a maximum amount of US40,000,000. This facility can be used as LC, UPAS, and export bill purchase. This credit facility will expire on July 31, 2011 and it can be automatically extended for another 3 months upon fulfillment of certain conditions. As of December 31, 2010 and 2009, the credit facility has not yet been used.