0.1 2 1 Adaro Energy Annual Report 2013 English

Ô u r p r o F Il E o u r M E SSA g E S o u r B u S In E S S o u r pE o pl E o u r g o v Ern A n C E o ur C o M M un IT IE S o u r I n v E S T o r S o ur F In An C E S Õ u r B u S In E S S ADAro EnErgy 2013 AnnuAl rEporT 83 Coal resources as estimated at Dec. 31, 2012 Calculated changes to Adaro Energys coal resources 2013 vs. 2012 Total measured, indicated inferred Mt Measured Mt Indicated Mt Inferred Mt Adaro Energy ownership equity Adaro Energy attributable total measured, indicated inferred Mt Changes to operating company total measured, indicated inferred Mt Changes to operating company total measured, indicated inferred Changes to Adaro Energy attributable total measured, indicated inferred Mt Changes to Adaro Energy attributable total measured, indicated inferred 2,578 650 874 1,054 100 2,578 130 5 130 5 386 95 117 174 386 -14 -4 -14 -4 117 16 64 37 117 - - - - 1,267 438 409 420 1,267 95 7 95 7 374 72 237 65 374 - - - - 4,722 1,271 1,701 1,750 100 4,722 211 4 211 4 not acquired until April 25, 2013 62 - 46 - 21 - 16 - 90 - 67 - 4,722 1,271 1,701 1,750 100 4,722 383 340 7.2 1,401 526 683 193 90 1,261 - - - - 1,817 858 808 151 1,635 - - - - 186 75 62 48 167 - - - - 745 374 238 133 671 - - - - 2,696 1,307 1,186 202 2,426 - - - - 1,093 712 223 157 984 - - - - 19 14 4 1 17 - - - - 7,957 3,866 3,204 885 90 7,161 - - - - 14 11 2 1 25 4 - - - - 110 72 31 7 28 - - - - 10 10 3 - - - - 80 80 20 - - - - 60 60 15 - - - - 70 70 18 117 167 29.3 167 430 430 108 380 88 95.0 88 774 83 33 658 194 497 64 124 64 281 272.2

8.7 0.1

75 211

6.5 2

1.6 1

no resources estimated in 2012 no resources estimated in 2012 281 272.2

8.7 0.1

75 211

6.5 2

1.6 1

13,734 5,492 4,947 3,293 96.3 12,288 887 6.5 466 3.8 Notes 1 pT Adaro Energys coal resources refer to resources generally suited to host open- pit mineable coal reserves unless noted otherwise. pT Adaro Energys coal resources reported according to JorC 2012 Edition, the Cp was Joseph Crisostomo MAusIMM, of pT Adaro Eksplorasi Indonesia, and the resources were estimated in March 2014. Small differences are due to decimal place rounding. 2,3,4 pT Semesta Centramas, pT paramitha Cipta Sarana and pT laskar Semesta Alam resources were estimated and reported in June 2012 in accordance with JorC 2004 Edition by John Devon of Marston Inc., a golder company. 5 The Cp was peter Mucalo MAusIMM, of pT Adaro Eksplorasi Indonesia, and the coal resources were estimated in April 2013 according to JorC 2012 Edition. 6 Based on BHp Billitons 2012 and 2013 Annual report with the permission of BHp Billiton. 7 luon metallurgical indicate resources are designated as having potential to host underground mining. 8 Bumbun: Increase in coal resources was due to additional drilling and an updated model. 9 Juloi northwest: Increase in coal resources was due to additional drilling and an updated model. 10 The resources were estimated in november 2013, the Cp was John Devon of Marston Inc., a golder company. Coal reserves as estimated at Dec. 31, 2012 Calculated changes to Adaro Energys coal reserves 2013 vs 2012 Total proved probable Mt Proved Mt Probable Mt Adaro Energy ownership equity Adaro Energy attributable total proved probable Mt Changes to operating company total proved probable Mt Changes to operating company total proved probable Changes to Adaro Energy attributable total proved probable Mt Changes to Adaro Energy attributable total proved probable 494 326 168 100 494 42 8 42 8 37 30 7 37 -4 -12 -4 -12 no reserves estimated in 2012 - no reserves estimated in 2013 391 275 116 391 -60 -18 -60 -18 no reserves estimated in 2012 - no reserves estimated in 2013 921 631 291 100 921 -21 -2 -21 -2 no reserves estimated in 2012 75 - no reserves estimated in 201213 75 - 75.2 - 921 631 291 100 921 -21 -2 -21 -2 no reserves estimated in 2012 90 - no reserves estimated in 20122013 - - - - - - - - - no reserves estimated in 2012 25 - no reserves estimated in 20122013 - - - - - - - - - 273 238 35 75 204 -19 -7 -14 -7 no reserves estimated in 2012 61 - no reserves estimated in 20122013 273 238 35 75 204 -19 -7 -14 -7 1,194 869 326 94 1,125 -40 -3 -34 -3 Notes 1 The competent person Cp for pT Adaro indonesia coal reserves was Shahzad Chaudari MAusIMM, who is an employee of pT Alam Tri Abadi. 2 The Tutupan deposit increased by 42Mt due to additional drilling and mine planning. 3 The north paringin deposit was depleted due to production. 4 The Wara I reserves decreased by 60Mt due to a change in geotechnical assumptions used. 5, 6, 7 pT Semesta Centramas, pT paramitha Cipta Sarana and pT laskar Semesta Alam are separate Iups with an informal collective name of Balangan Coal. 8 The Cp for the pT Mustika Indah permai coal reserves was leonard Dolby of Marston Inc., a golder company. 84 Ö× Ø IABlE, STrong, EFFICIEnT Quality of Adaro Energy Metallurgical Coal Resources Air Dried Basis Operating company Locality Coal quality estimated as at Dec. 31, 2013 Ash Volatile matter Total sulphur IndoMet Coal 1 Haju metallurgicalthermal 4.7 39.2 0.98 lampunut metallurgical 4.2 28.5 0.55 lampunut thermal no quality quoted luon metallurgicalthermal 3.6 18.7 0.72 luon metallurgical 2 3.4 18.8 0.56 Bumbun metallurgicalthermal 3.5 17.7 0.76 Juloi northwest metallurgicalthermal 4.2 26.9 0.5 Quality of Adaro Energy Coal Resources Gross as Received Basis reported according to JorC Code 2012 Edition Operating company Locality Estimated as at Dec. 31, 2013 Total moisture Ash Volatile matter Total sulphur Calorific value Kcalkg pT Adaro Indonesia 1 Tutupan 27.5 2.1 36.1 0.13 4,886 north paringin 29.3 3.2 33.5 0.22 4,737 South paringin 30.8 2.9 32.7 0.21 4,651 Wara I 39.0 3.1 30.5 0.24 3,975 Wara II 43.6 3.1 28.9 0.23 3,657 Total Adaro Indonesia thermal 32.1

2.6 33.8