Allotment for Subscription of Additional Shares

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8. Rejection of Exercise of HMETD

The Company reserves the right to reject an exercise of HMETD, in whole or in part, in accordance with the prevailing terms and conditions. Notification of such rejection will be announced together with the announcement of allotment. The following may result in a rejection of an exercise of HMETD, among others: a. the HMETD Certificate or Additional FPPS are not completed in accordance with the instructionsconditions for subscription of shares as stipulated in the HMETD Certificate and this Prospectus; b. Failure to fulfill the terms of payment; and c. Failure to fulfill the requirements for completion of application documents.

9. Refund

If an application for additional shares is not fulfilled in whole or in part, or in the event of a cancellation of subscription of shares, a refund will be paid by the Company no later than 28 November 2013. In the event of a delay in the payment of a refund, the amount to be refunded will bear interest calculated from the third day after the allotment date or after the announcement of the cancellation of LPO I until the date of refund by taking into account the clearing account interest rate applied to the Company on the refund date, unless the delay results from the failure of the subscriber to collect re refund amount at the determined time. The refund shall be paid in Rupiah by using cheque or a book entry settlement to the subscriber’s account. The refund which is paid in cheque may be collected at: PT Raya Saham Registra Plaza Sentral Building, 2 nd Floor Jl. Jend Sudirman Kav 47-48 Jakarta 12930 Tel: 62 21 252 5666 Fax: 62 21 252 5028 by presenting valid original identity card or any other identification document for individuals, copy of the articles of association and power of attorney for legal entitiesinstitutions and submitting the original receipt of shares subscription application and copy of identity card or any other identification documents. The subscribers will not be imposed with any bank charges or transfer fees for such refunded amount.

10. Delivery of Shares from the Exercise of HMETD and Its Credit to Securities Account

New Shares for subscriber who has exercised its HMETD in accordance with its entitlement through KSEI will be credited to the securities account within 2 two Business Days after the application to exercise the HMETD is received from KSEI and the exercise price for such shares are paid in good funds to the Company’ account. New Shares for HMETD holder in script form who has exercise its HMETD in accordance with its entitlement will receive Shares Collective Certificate or shares in the script form at the latest 2 two Business Days after the request is received by the Company’s Share Registrar and the exercise price for such shares are paid in good funds to the Company’s account. The New Shares from the alloted Additional Shares will be available to be collected in the form of Shares Collective Certificate or will be distributed electronically in the collective depository at KSEI by no later than 2 two Business Days after the allotment date. The collection may be made at the office of the Share Registrar as appointed by the Company by presentingsubmitting the following documents: a. An original Identification Document for individual subscribers; b. A copy of its articles of association and the current composition of its Board of Directors or Board of Commissioners of management for institutionslegal entity; c. An original lawful power of attorney for institutionlegal entity or individual so authorized bearing a Rp. 6,000 stamp duty enclosed with copy of identity cardpassportKITAS of the shareholder and the proxy; d. Original receipt of subscription of shares.

11. Allocation of Unexercised HMETD

In the event that the new shares offered in this LPO I are not fully subscribed by the HMETD holders, the remaining shares shall be allocated to other public Shareholders who have applied for additional shares, as indicated in the HMETD Certificate or Additional FPPS proportionally to its exercised HMETD. If after such allotment there are still remaining new shares, then Magna Resources pursuant to the Standby Purchase Agreement will subscribe all remaining shares offered and are not subscribed by public in this LPO Iat an exercise price of Rp. 6,750 six thousand seven hundred and fifty rupiahs.