Storage Tanks Rental Contract Tanks Rental PT CIMB Niaga Tbk CIMB

PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2011 AND 2010 Continued - 51 - c. Contract No. P60480 dated July 2, 2010 for sale of CPO and PKO with a total contract value of US 60,000 thousand, covering the period of October 2010 – September 2012. d. Contract No. P61229 dated August 24, 2010 for sale of CPO and PKO with a total contract value of US 12,000 thousand, covering the period of October 2010 – July 2011. e. Contract No. P63177 dated November 16, 2010 for sale of CPO and PKO with a total contract value of US 18.000 thousand, covering the periode of February 2011 – September 2012. f. Contract No. P55154 dated May 15, 2009 for sale of CPO with a total contract value of US 20,000 thousand, covering the period of July 2009 – April 2010 and not extended. g. Contract No. P54967 dated April 29, 2009 for sale of CPO with a total contract value of US 5,000 thousand, covering the period of September 2009 and February 2010 and not extended. h. Contract No. P54425 dated March 27, 2009 for sale of CPO with a total contract value of US 5,000 thousand, covering the period of October 2009 and January 2010 and not extended. i. Contract No. P40956 dated September 11, 2006 for sale of CPO with a total contract value of US 48,000 thousand, covering the period from October 1, 2006 – September 30, 2010 and not extended. In relation to the aforementioned transaction, Bank Mandiri has agreed to grant SBLC facility to the Company in the amount not exceeding US 20,000 thousand, to secure advance payment from the Buyer.

3. Storage Tanks Rental Contract Tanks Rental

On December 19, 2006, the Company and the Overseas Buyer the Buyer entered into a Tanks Rental Contract, whereas the Company rented its 3 storage tanks which are located in Lampung with capacity of 5,000 metric tons each. The tanks rental period covers 3 years which will be effective when the tanks are ready to be used. Based on the Tanks Rental Contract, the buyer should make the payment of US 1,620 thousand at least 14 days after the date of the Tanks Rental Contract. The Company has already received the said rental payment in 2006, however the tanks became ready for use only in 2008 Note 19.

4. PT CIMB Niaga Tbk CIMB

The Company obtained loan facilities from CIMB, as follows: 1. LC Facility Sightusance LC or SKBDN for a maximum of 180 days in Rupiah and US currency which has a maximum credit facility of US 20,000 thousand. The Company is charged with 0.125 commission per transaction based on the amount of LC issued and 1 per annum on the acceptance of LC. On October 27, 2010, part of this facility has been allocated to Money Market Line. 2. Bank Guarantee facility with a maximum limit of Rp 20,000,000 thousand. The Company is charged with 0.75 commission based on the amount of bank guarantee issued. PT. TUNAS BARU LAMPUNG Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2011 AND DECEMBER 31, 2010 AND CONSOLIDATED COMPREHENSIF STATEMENTS OF INCOME FOR THE THREE MONTHS PERIOD ENDED MARCH 31, 2011 AND 2010 Continued - 52 - The LC facilities were used for purchasing coals and fertilizer, meanwhile the bank guarantee facility is used as guarantee for payment of purchases of the fuel from third parties The non-cash loan facilities from CIMB are secured with personal guarantees of Santoso Winata and Widarto Note 33. The Company is required to deposit 10 margin for every LCs and bank guarantee issued. The LC and Bank Guarantee facilities will mature on June 9, 2011.

5. PT Bank Rakyat Indonesia Persero Tbk BRI