Coal swap and gas oil hedging transactions

PT BAYAN RESOURCES Tbk. DAN ENTITAS ANAKAND SUBSIDIARIES Lampiran 568 Schedule CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN 31 DESEMBER 2016 DAN 2015 Dinyatakan dalam Dolar Amerika Serikat, kecuali dinyatakan lain NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2016 AND 2015 Expressed in United States Dollars, unless otherwise stated 20. MODAL SAHAM

20. SHARE CAPITAL a. Modal saham

a. Share capital

Pemegang saham Perusahaan pada tanggal 31 Desember 2016 dan 2015 berdasarkan catatan yang dibuat PT Kustodian Sentral Efek Indonesia “KSEI”, biro administrasi efek, sebagai berikut: The Company’s shareholders as at 31 December 2016 and 2015 based on the record maintained by PT Kustodian Sentral Efek Indonesia “KSEI”, the share administrator, are as follows: 31 DesemberDecember 2016 Saham ditempatkan dan disetor penuh Issued and fully paid capital Jumlah Saham Pemegang SahamShareholders Number of Shares NilaiValue Low Tuck Kwong 1,719,695,500 18,410,617 51.59 Enel Investment Holding BV. 333,333,500 3,568,582 10.00 Engki Wibowo 198,707,500 2,127,311 5.96 Korea East-West Power Co., Ltd. 133,333,340 1,427,432 4.00 Korea Midland Power Co., Ltd. 133,333,340 1,427,432 4.00 Korea South-East Power Corporation 133,333,340 1,427,432 4.00 Korea Southern Power Co., Ltd. 133,333,340 1,427,432 4.00 Korea Western Power Co., Ltd 133,333,340 1,427,432 4.00 Jenny Quantero 99,497,500 1,065,194 2.98 Lim Chai Hock danand Dynamic Resources Corporation 88,868,000 951,398 2.67 Chin Wai Fong danand Empire Management Corporation 53,427,000 571,976 1.60 Low Yi Ngo 5,708,100 61,110 0.17 Michael Sumarijanto 800,000 8,565 0.02 Russell John Neil 300,000 3,212 0.01 Alastair McLeod 300,000 3,212 0.01 MasyarakatPublic 166,029,700 1,777,472 4.99 3,333,333,500 35,685,809 100.00 Pada tanggal 31 Desember 2016, Korea Electric Power Corporation “KEPCO” memiliki 20,00 saham Perusahaan melalui lima entitas anaknya At 31 December 2016, Korea Electric Power Corporation “KEPCO” owned 20.00 of the Company’s shares through five of its subsidiaries 31 DesemberDecember 2015 Saham ditempatkan dan disetor penuh Issued and fully paid capital Jumlah Saham Pemegang SahamShareholders Number of Shares NilaiValue Low Tuck Kwong 1,719,695,500 18,410,617 51.59 KEPCO 666,667,000 7,137,165 20.00 Enel Investment Holding BV. 333,333,500 3,568,582 10.00 Engki Wibowo 198,707,500 2,127,311 5.96 Jenny Quantero 99,497,500 1,065,194 2.98 Lim Chai Hock danand Dynamic Resources Corporation 88,868,000 951,398 2.67 Chin Wai Fong danand Empire Management Corporation 53,427,000 571,976 1.60 Low Yi Ngo 5,694,500 60,964 0.17 Michael Sumarijanto 800,000 8,565 0.02 Russell John Neil 300,000 3,212 0.01 Alastair McLeod 300,000 3,212 0.01 MasyarakatPublic 166,043,000 1,777,613 4.99 3,333,333,500 35,685,809 100.00 Pada tanggal 17 September 2008, salah satu pemegang saham Perusahaan telah menjaminkan 1.250.000.000 lembar saham kepada bank. Jaminan saham ini telah berubah beberapa kali dengan perubahan terakhir jumlah saham yang dijaminkan sebanyak 1.250.000.000 lembar saham pada tanggal 15 April 2013. On 17 September 2008, a shareholder of the Company had pledged 1,250,000,000 shares to a bank. The number of shares pledged has varied a number of times with the latest changes occurring on 15 April 2013 pledging a total of 1,250,000,000 shares.