FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES continued

PT KRAKATAU STEEL PERSERO Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN INTERIM Pada Tanggal 31 Maret 2014 dan 31 Desember 2013 Disajikan dalam ribuan Dolar AS dan dalam jutaan Rupiah, Kecuali Dinyatakan Lain PT KRAKATAU STEEL PERSERO Tbk AND SUBSIDIARIES NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS As of March 31, 2014 and December 31, 2013 Expressed in thousands of US Dollar and in million Rupiah, Unless Otherwise Stated 153

34. KOMITMEN DAN PERJANJIAN SIGNIFIKAN lanjutan

34. SIGNIFICANT AGREEMENTS AND COMMITMENTS continued

KOMITMEN SIGNIFIKAN lanjutan SIGNIFICANT COMMITMENTS continued Perusahaan The Company b. Pada tanggal 25 Oktober 2013, Perusahaan dan Indonesia Eximbank menandatangani Perjanjian Kredit Modal Kerja Fasilitas Trade Finance dengan jumlah maksimum fasilitas adalah sebesar USD 75,000 yang terdiri dari Fasilitas Pembukaan Letter of Credit LC danatau Surat Kredit Berdokumen Dalam Negeri SKBDN sebesar USD 25,000 dan Fasilitas Pembiayaan Letter of Kredit LC danatau Pembiayaan Surat Kredit Berdokumen Dalam Negeri SKBDN, Pengambilalihan Tagihan Ekspor atau Tagihan Dalam Rangka Ekspor Negosiasi Wesel Ekspor, dan Kredit Modal Kerja Ekspor KMKE sebesar USD 50,000. Fasilitas Kredit Modal Kerja Ekspor USD, Pembiayaan LC dan atau SKBDN USD, dan Pengambilalihan Tagihan Ekspor atau Tagihan Dalam Rangka Ekspor dikenakan bunga sebesar LIBOR 3 bulan + 4,5 p.a, Perusahaan juga diminta untuk memelihara rasio lancar minimal 1 kali, rasio utang terhadap ekuitas kurang dari 2,5 kali. b. On October 25,2013 the company and Indonesia Eximbank signed a Working Capital Loan Agreement Trade Financing Facility with a maximum amount of US 75,000 which consists of Opening LC and or SKBDN with a maximum amount of US25,000 and LC and or SKBDN Financing, Trasferring Export Financing or Financing related to Export Activitiy, and Working Capital Export Loan with a maximum amount of US 50,000. Working Capital Export Loan, LC and or SKBDN Financing,, and Trasferring Export Financing or Financing related to Export Activitiy bears annual interest at LIBOR 3 months + 4,5 p.a. The Company is also required to maintain current ratio at a minimum of 1 time, debt to equity ratio of less than 2,5 time. c. Berdasarkan perjanjian pinjaman tanggal 27 April 2012 dan amandemen perjanjian tanggal 26 Juli 2012, Perusahaan memperoleh fasilitas kredit investasi dari KfW, Bank of Austria dan HSBC “Pemberi Pinjaman” dengan jumlah maksimum sebesar EUR49.479.000 porsi pinjaman KfW, Bank of Austria dan HSBC masing-masing sebesar EUR16.493.000. Pinjaman ini digunakan untuk membiayai proyek revitalisasi Slab Steel Plant “SSP” dan dilunasi dalam 15 kali angsuran setengah tahunan yang sama dimulai bulan Juni 2013. Sebesar 20 dari total pinjaman terhutang dikenakan bunga sebesar tingkat bunga variabel OeKB ditambah marjin 0,5 per tahun, sedangkan 80 sisa pinjaman terhutang dikenakan bunga sebesar tingkat bunga tetap OeKB ditambah marjin 0,5 per tahun, yang akan dibayarkan secara tiga bulanan. c. Based on the loan agreement dated April 27, 2012 and the amendment agreement dated July 26, 2012, the Company obtained an investment credit facility from KfW, Bank of Austria and HSBC the “Lenders” with a maximum amount of EUR49,479,000 loan portion for each KfW, Bank of Austria and HSBC is EUR16,493,000. This loan is granted to finance the revitalization project of Slab Steel Plant “SSP” and is repayable in 15 equal semi-annual installments starting from June 2013. 20 of total outstanding loan will be charged with OeKB variable rate plus 0.5 margin per annum and 80 remaining outstanding loan will be charged with OeKB fixed rate plus 0.5 margin per annum, which will be paid quarterly.