Thu, 23 Aug 2001

Correction from Guthrie

We represent Kumpulan Guthrie Berhad in their dispute with PT Adhiyasa Saranamas for an alleged breach of contract. In reference to the article published in Aug. 16 edition of The Jakarta Post covering this dispute, we wish to correct the statement that the South Jakarta District Court has "granted a request by Adhiyasa to sequester Guthrie's 20 percent stake in PT. Salim Ivomas Pratama, its 21.59 percent stake in PT Serikat Putra, and its 70 percent stake in PT Guthrie Pecconina Indonesia." The court has not granted any such attachment.

Indeed, we have questioned the basis for Adhiyasa's request in view of Guthrie's strong financial position and the nature of Adhiyasa's claim.

KARTINI MULJADI

Senior Partner

Kartini Muljadi & Rekan

Jakarta

Note: Thank you for your correction. The reference to the court's ruling was based from a Dow Jones newswires' dispatch from Kuala Lumpur.

-- Editor