Taxation Prospectus Limited Public Offering I

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I. Limited Public Offering I

The Board of Directors, on behalf of the Company, hereby conducts Limited Public Offering I “LPO I” to the Shareholders of the Company in relation to the issuance of HMETD in the total of 220,766,142 two hundred and twenty million seven hundred and sixty-six thousand one hundred forty-two common shares with a nominal value of Rp1,000 one thousand Rupiah per share. The total of shares offered in the LPO I is 7.20 seven point twenty percent of the issued and fully paid-up capital of the Company. Each shareholder of the Company whose name is registered in the Shareholders Register of the Company on 13 November 2013 at 16.00 WIB West Indonesian Standard Time who holds 500 five hundreds Existing Shares is entitled to 36 thirty six HMETD, where 1 one HMETD entitles its holder to purchase 1 one New Shares in the Company at an exercise price of Rp.6,750 six thousand seven hundred and fifty Rupiah for each share, which shall be fully paid upon submitting the FPPS. The shares to be issued in the LPO I through the issuance of HMETD is the maximum number of shares to be issued from the Company’s authorized capital and will be listed on the IDX with due observance of prevailing rules and regulations. Proceeds obtained from this LPO I is in the amount of Rp1,490,171,458.500 one trillion four hundred and ninety billion one hundred seventy-one million four hundred and fifty-eight thousand five hundred Rupiah. Shares issued in the LPO I shall rank pari passu in all respect with the Company’s other fully paid-up shares, including with respect to the right to receive dividends. Any fractional HMETD would be rounded down to the nearest whole number. In accordance with Rule No.IX.D.1, if a shareholder owns any fractional HMETD, then such fractional HMETD belongs to the Company and will be sold by the Company and its proceed will be deposited into the Company’s account. If the New Shares offered in this LPO I are not fully subscribed by the shareholders of the Company or the holders of HMETD, then the remaining shares will be allotted to other HMETD holders who apply to subscribe for more than their entitlement, as stated in the HMETD Certificate in proportion to the HMETD that have been exercised by them in accordance with the prevailing regulations. If upon the allotment there are still remaining new shares that have not been subscribed, then Magna Resources pursuant to the Standby Purchase Agreement of Shares of PT Chandra Asri Petrochemical Tbk dated 25 September 2013 as amended and restated with the Deed of Addendum and Restatement of Standby Purchase Agreement of Shares No. 31 dated 16 October 2013, drawn before Fathiah Helmi, S.H., Notary in Jakarta “Standby Purchase Agreement”, will subscribe all of the remaining offered shares which are not subscribed by the Company’s Shareholders in the LPO I, at an Exercise Price of Rp. 6,750 six thousand seven hundred and fifty Rupiah per share. In relation to this LPO I, pursuant to Undertaking to exercise the Rights and subscribe for the New Shares dated 8 October 2013, SCG Chemicals stated that SCG Chemicals will not sell its HMETD to the third party and will exercise its HMETD according to its entitlement. Based on the statement letter of PT Barito Pacific Tbk dated 17 October 2013 PT Barito Pacific Tbk stated that it will not exercise its HMETD. HMETD may be traded on or outside the IDX for a period of 5 five Business Days commencing from 15 November 2013 up to 21 November 2013. The listing of the New Shares on the IDX is expected to occur on 15 November 2013. The last day for the exercise of HMETD will be 21 November 2013, after which any unexercised HMETD will be null and void. PT Chandra Asri Petrochemical Tbk Main Business Activity Petrochemical Domiciled and its main office located in West Jakarta, Indonesia Head Office: Wisma Barito Pacific Tower A, 7th Floor Jl. Letjen S Parman Kav 62-63, Jakarta 11410 Telephone: 62-21 530 7950 Facsimile: 62-21 530 8502 Website: http:www.chandra-asri.com Plants Jl. Raya Anyer Km. 123, Ciwandan, Cilegon Banten 42447 Jl. Raya Bojonegara, Bojonegara, Serang, Banten 42456 THE MAIN RISK FACED BY THE COMPANY IS CYCLICALITY IN THE PETROCHEMICAL INDUSTRY WHICH MAY MATERIALLY AND ADVERSELY AFFECT ITS PROFITABILITY. THE OTHER BUSINES RISKS FACED BY THE COMPANY CAN BE FOUND IN CHAPTER V OF THIS PROSPECTUS