Mon, 24 Aug 1998

Bank Indonesia clarifies

In reference to the Reuters news article dated June 23, 1998 and used in The Jakarta Post June 25 edition headlined Indonesia and its Central Bank sued for US$58.59 billion, Bank Indonesia as the central bank of Indonesia would like to clarify that Bank Indonesia has never received and/or withheld proceeds allegedly from the investment program administered by the Group of B.A. Ltd. in its account with Chase Manhattan Bank or otherwise.

PERRY WARJIYO

Chief of Governor Bureau

Bank Indonesia

Jakarta