Fixed asset Prospectus Limited Public Offering I

- 61 - No. Type, Number, Issuer, and Date of the Certificate Land Area m2 Situation MapDelineation Certificate Expiry Date Remarks Head of Serang Regency Land Office, dated 20 September 1991 1991 pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 11. Right to Build Certificate No. 25Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 20 September 1991 86,009 Situation Map No. 8301991, dated 27 March 1991 20 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 12. Right to Build Certificate No. 26Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 20 September 1991 76,941 Situation Map No. 8271991 dated 27 March 1991 20 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 13. Right to Build Certificate No. 27Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 20 September 1991 95,795 Situation Map No. 8291991 dated 27 March 1991 20 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 14. Right to Build Certificate No. 29Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 14 December 1991 459,464 Situation Map No. 21001991 dated 16 August 1991 14 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 15. Right to Build Certificate No. 32Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 22 March 1993 45,336 Situation Map No. 17241993 dated 20 March 1993 20 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 16. Right to Build Certificate No. 42Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 27 September 1994 31,790 Situation Map No. 32461992 and 32491992 dated 4 August 1992 21 September 2031 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4092012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16652012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 17. Right to Build Certificate No. 96Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 16 March 1998 31,400 Situation Map No. 17981998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 18. Right to Build Certificate No. 97Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 10 March 1998 11,225 Situation Map No. 17971998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 19. Right to Build Certificate No. 98Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 10 March 1998 36,520 Situation Map No. 18031998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 20. Right to Build Certificate No. 99Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 10 March 1998 4,540 Situation Map No. 18021998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi - 62 - No. Type, Number, Issuer, and Date of the Certificate Land Area m2 Situation MapDelineation Certificate Expiry Date Remarks Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 21. Right to Build Certificate No. 101Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 10 March 1998 640 Situation Map No. 18001998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 22. Right to Build Certificate No. 102Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 10 March 1998 3,255 Situation Map No. 17991998 dated 10 March 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 23. Right to Build Certificate No. 106Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 8 June 1998 8,590 Situation Map No. 41998 dated 4 June 1998 4 May 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 24. Right to Build Certificate No. 107Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 8 June 1998 29,890 Situation Map No. 51998 dated 4 June 1998 4 May 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 25. Right to Build Certificate No. 117Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 27 November 1998 1,330 Situation Map No. 171998 dated 2 November 1998 27 February 2028 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 26. Right to Build Certificate No. 123Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 30 August 1999 2,760 Delineation Certificate No. 8G. Sugih1999 dated 30 August 1999 21 August 2029 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 27. Right to Build Certificate No. 124Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 30 August 1999 615 Delineation Certificate No. 11G. Sugih1999 dated 30 August 1999 21 August 2029 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 28. Right to Build Certificate No. 126Gunung Sugih, issued by the Head of Serang Regency Land Office, dated 30 August 1999 880 Delineation Certificate No. 9G. Sugih1999 dated 30 August 1999 21 August 2029 This land is used as collateral under third rank mortgage for DB Trustees Hong Kong Limited, domiciled in Hongkong pursuant to the Deed of Granting of Hak Tanggungan No. 4072012 dated 8 October 2012, drawn before Hapendi Harahap, S.H., Land Deed Official in Cilegon Municipal and Hak Tanggungan Certificate No. 16662012 dated 17 October 2012 issued by the Head of Cilegon Municipal Land Office. 1 Notes: 1 Pursuant to Letter from DB Trustees Hongkong Limited dated 7 December 2012, the first and second rank mortgage have been released. In addition to the above, the Company also has 7 plots of land which are located in Surabaya, Cilegon, and Serang under the name of PT Tri Polyta Indonesia Tbk, which are as follows: No. Type, Number, Issuer, and Date of the Certificate Land Area m2 Situation MapDelineation Certificate Expiry Date 1. Right to Build Certificate No. 5, issued by the Head of Surabaya Municipal Land Office, dated 6 November 1995 4,002 Situation Map No. 51011994 dated 24 May 1994 24 September 2025 2. Right to Build Certificate No. 6, issued by the Head of Surabaya Municipal Land Office, dated 6 November 1995 4,000 Situation Map No. 51021994 dated 24 May 1994 24 September 2025 - 63 - No. Type, Number, Issuer, and Date of the Certificate Land Area m2 Situation MapDelineation Certificate Expiry Date 3. Right to Build Certificate No. 49, issued by the Head of Cilegon Municipal Land Office, dated 14 December 2007 5,260 Delineation Certificate No. 761Gunung Sugih2007 dated 7 December 2007 24 June 2019 4. Right to Build Certificate No. 51, issued by the Head of Serang Regency Land Office, dated 30 October 1995 5,560 Situation Map No. 75241995 dated 27 October 1995 24 June 2019 5. Right to Build Certificate No. 72, issued by the Head of Serang Regency Land Office, date 29 January 1997 10,628 Situation Map No. 103201996 dated 26 December 1996 24 June 2019 6. Right to Build Certificate No. 73, issued by the Head of Serang Regency Land Office, dated 29 January 1997 32,917 Situation Map No. 491997 dated 29 January 1997 24 June 2019 7. Right to Build Certificate No. 74, issued by the Head of Cilegon Municipal Land Office, dated 14 December 2007 8,335 Delineation Certificate No. 760Gunung Sugih2007 dated 7 December 2007 24 June 2019 On the date of the issuance of this Prospectus, the Company has the following trademarks: No. Trademark Name Trademark Registration Number Class Registration Date Trademarks Protection Period 1 “Asrene” IDM000015428 01 27 August 2004 10 years since the receipt of the application, which is 5 October 2004 2 3 ”Trilene” Grene IDM000159259 IDM000389324 01 01 16 April 2008 27 April 2011 10 years since the receipt of the application, which is 24 August 2006 10 years since the receipt of the application, which is 10 June 2011

8. Insurance

The Company carries insurance for our operations against property damage and con sequent business interruption through “all risks” policies. The insurance is underwritten by Indonesian insurance companies and is, in turn, reinsured by major international insurance companies. The existing “all risks” policies are in force until 20 June 2014 and are renewed annually. The “all risks” coverage has a maximum indemnification limit of approximately US2.87 billion, representing the combined value at risk for property damages and business interruption. This coverage has a limit of liability of US1.0 billion per occurrence cap for combined property damage and business interruption, and a cap of US1.0 billion per occurrence and in annual aggregate in respect of earthquake, volcanic eruption, tsunami, windstorm and flood including fire and explosion resulting from such events. This insurance carriers have created exclusions from “all risks” insurance policies for losses resulting from terrorism, war and certain other events. While separate terrorism insurance coverage is available, premiums for such coverage are expensive, especially for chemical facilities, and the policies are subject to high deductibles. Available insurance coverage typically excludes coverage for losses from acts of foreign governments as well as nuclear, biological and chemical attacks. The management has determined that it is not economically prudent to obtain additional terrorism insurance, especially given the significant risks that are not covered by such insurance. The Company also has a third party liability insurance policy, which covers losses caused to third parties from the Company’s operations, up to a limit of US75 million per loss or occurrence. In addition to these policies, the Company also maintains other insurance policies for specified risks, including marin e cargo and transport insurance and other kinds of coverage that are not included in this “all risks” policies. The Company believes that the insurance coverage is in accordance with petrochemical industry standards in Indonesia and in the region. 9. Description of the Subsidiaries On the date of the issuance of this Prospectus, the Company owns the following subsidiaries: No. Subsidiaries Domicile Business Activities Establishment Ownership Subscription Year Operational Status 1. PT Styrindo Mono Indonesia West Jakarta styrene monomer and ethylbenzene Industry 1990 99.99 2007 Operating 2. Altus Capital Pte. Ltd. Singapore Finance 2009 100.00 2009 Operating 3. PT Petrokimia Butadiene Indonesia West Jakarta Industry 2010 99.97 2010 Operating 4. PT Redeco Petrolin Utama Central Jakarta Tank lease and jetty management services 1986 50.75 through SMI 2007 Operating Notes: Such Subsidiaries are previously owned by PT Chandra Asri. After the merger of PT Chandra Asri into the Company took effect in January 2011, those three Subsidiaries became the Subsidiaries of the Company. Prior to the Merger, 34 of RPU shares was owned by SMI which is the Subsidiary of PT Chandra Asri. Therefore after the Merger, RPU is an associated company of the Company. Subsequently, based on the Deed of Acquisition No. 8 dated 10 September 2012, drawn before Jose Dima Satria, S.H., M.kn., Notary in South Jakarta Administrative Municipality, Leisuretivity Pte Ltd sold and transferred its 3,090 shares in RPU to SMI. - 64 - Information on the Subsidiaries 9.1. SMI Corporate History SMI was established pursuant to the Deed No. 388 dated 23 June 1990 as amended by Deed No. 226 dated 19 February 1991, both of which were drawn before Benny Kristianto, S.H., Notary in Jakarta, which have been ratified by MOLHR pursuant to its Decree No. 02-850.HT.01.01- TH.91 dated 14 March 1991, registered in the register book at West Jakarta District Court on 12 April 1991 under No. 6741991 and announced in the Supplement No. 9292 to the State Gazette of the Republic of Indonesia No. 90 dated 10 November 1995. The latest amendment to the Articles of Association of SMI is as stipulated in the Deed of Statement of Shareholders’ Resolution on the Amendment to the Articles of Association No. 167 dated 15 August 2008, drawn before Sutjipto, S.H., Notary in Jakarta, which has been approved by MOLHR pursuant to its Decree No. AHU-94522. AH.01.02.Tahun 2008 dated 10 December 2008, registered in the Company Register under No. AHU-0119453.AH.01.09.Tahun 2008 dated 10 December 2008, and announced in the Supplement No. 27571 to the State Gazette of the Republic of Indonesia No. 94 dated 24 November 2009. The main office of SMI is located in Jakarta at Wisma Barito Pacific Tower A, 7th Floor, Jl. Letjen S. Parman Kav 62-63, Slipi, West Jakarta 11410. SMI’s plant is located in Desa Mangunreja, Kecamatan Pulo Ampel, Kabupaten Serang, Banten. Business Activities SMI is a styrene monomer producer. Styrene monomer is an aromatic hydrocarbon which, under normal conditions, is a clear, colorless, and flammable liquid. Styrene monomer can be produced by the alkylation of benzene with ethylene and then through dehydrogenation process. The derivative products of styrene monomer are styrene-based polymer, plastic and elastomers, as well as polystyrene, acrylonitrile butadiene styrene, styrene- acrylonitrile, styrene butadiene rubber “SBR”, unsaturated polyester resins and styrene butadiene lattices. Common end-uses for these products include disposable cups, containers and high impact plastics such as cassettes and toys. SMI operates two styrene monomer plants with a combined capacity of 340 kt per annum. Capital Structure and Shareholding Composition Pursuant to the Deed of Statement of Resolution of the General Meeting of Shareholders No. 171 dated 31 July 2007, drawn before AuliaTaufani, S.H., substitute of Sutjipto, S.H., Notary in Jakarta, which has been approved by MOLHR pursuant to its Decree No. C-02503 HT.01.04-TH.2007 dated 7 November 2007 and announced in the Supplement No. 21256 to the State Gazette of the Republic of Indonesia No. 86 dated 24 October 2008, the capital structure and shareholding composition of SMI is as follows: Nominal Value of Rp.1,737,000 per share Total Shares Total Nominal Value Rp Authorized Capital 363,820 631,955,340,000 Issued and Paid Up Capital - PT Chandra Asri 323,815 562,466,655,000 99.99 - PT Semesta Cipta Abadi 5 8,685,000 0.01 Total Issued and Paid Up Capital 323,820 562,475,340,000 100.00 Shares in Portfolio 40,000 69,480,000,000 Pursuant to the Deed of Statement of Shareholders’ Resolutions No. 23 dated 7 February 2011, drawn before Sutjipto, S.H., Notary in Jakarta, the shareholders of SMI have acknowledged the change of name of CA into PT Chandra Asri Petrochemical Tbk in relation to the merger between CA and TPI, and thus the capital structure and shareholding composition of the SMI is as follows: Nominal Value of Rp.1,737,000 per share Total Shares Total Nominal Value Rp Authorized Capital 363,820 631,955,340,000 Issued and Paid Up Capital - PT Chandra Asri Petrochemical Tbk 323,815 562,466,655,000 99.99 - PT Semesta Cipta Abadi 5 8,685,000 0.01 Total Issued and Paid Up Capital 323,820 562,475,340,000 100.00 Shares in Portfolio 40,000 69,480,000,000