ADVANCES FOR PLASMA PLANTATIONS – NET continued Investment

PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Six Months Ended June 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 23

8. ADVANCES FOR PLASMA PLANTATIONS – NET continued Investment

credit PT Bank Rakyat Indonesia Persero Tbk BRI On November 1, 1989 and May 28, 1996, Mutiara Bunda Jaya and Telaga Hikmah obtained Plasma loans from BRI for the development of 8,238 hectares and 15,000 hectares of Plasma oil palm plantations, respectively. The maximum Plasma loan facilities for Mutiara Bunda Jaya and Telaga Hikmah were Rp72,673,158 including interest during the four years grace period amounting to Rp25,650,000 and Rp112,068,000 including interest during construction of Rp40,955,400, respectively. Mutiara Bunda Jaya’s Plasma loan is to be repaid through 2001 and the loan facility for Telaga Hikmah is to be repaid within 16 years through December 31, 2012, including a grace period of seven years through March 31, 2003. Mutiara Bunda Jaya On January 29, 2003, BRI through Letter No. R.063-ADKDKR012003, approved a restructuring program for its Plasma loan to Mutiara Bunda Jaya. Under this restructuring program, the conversion of Plasma areas of 8,238 hectares of Plasma oil palm plantations to 4,273 smallholders is due to be fully made by December 31, 2003. As of December 31, 2005, Mutiara Bunda Jaya has not converted Plasma area of 310 hectares. In this regard, BRI asked MBJ to repay the corresponding Plasma loan amounting to Rp2,801,249 which was fully settled in March 2006. As of June 30, 2007, Mutiara Bunda Jaya is still in the process of negotiation with Plasma participants to convert the area by using local government assistance as mediator. As of June 30, 2007, total Plasma loan had been transferred to plasma participants amounting to Rp69,871,909. The Plasma loan bears annual interest at the rate of 14 in 2006. Telaga Hikmah On August 21, 2000, BRI through Letter No. R.479-MENDPBAKH082000, approved a restructuring program for its Plasma loan in Telaga Hikmah. Under the restructuring arrangement, the maximum facilities were changed from Rp112,068,000 to Rp101,646,000 which consists of principal of Rp53,796,000 and interest during construction of Rp47,850,000. The commitment for Plasma development under the loan was reduced from 15,000 hectares to 5,000 hectares. Under this restructuring program, the conversion of Plasma areas to smallholders is due to be made by December 31, 2004. The loan is to be repaid by Plasma participants on a quarterly basis within five years, commencing in the first quarter of 2007. The Plasma Loan bears floating interest rates ranging from 12 to 14 in 2006. In 2006, Telaga Hikmah has transferred Plasma loan facility to Plasma participants amounting to Rp4,483,716. As of June 30, 2007, total Plasma loan had been transferred to plasma participants amounting to Rp94,127,184. On January 29, 2007, Telaga Hikmah has fully settled its outstanding investment credit which related to plasma plantation not yet converted amounting to Rp7,518,815 . PT SAMPOERNA AGRO Tbk AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Six Months Ended June 30, 2007 and 2006 Expressed in thousands of Rupiah, unless otherwise stated 24

9. PLANTATION ASSETS