Indonesian Political, Business & Finance News

Clarification

| Source: JP

Clarification

With regards to the news story published in The Jakarta Post dated Nov. 30, 2000 on page 1, titled Govt issues higher coupon rate bonds, there was a mistake in the introduction of Mr. Krishna Suparto, a member of Bank Danamon's new management team. He is not a former executive of the now defunct Bank Putera but a former executive of Bank Bumiputera.

We hope this letter clarifies the matter.

CHRISTIANA M. DAMANIK

Corporate Communication

Bank Danamon

Jakarta

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