Gramedia to print 'AWSJ'

Gramedia to print 'AWSJ'

JAKARTA (JP): PT Gramedia, the publisher of the Kompas daily
and one of the largest newspaper printers in Indonesia, will
commence printing The Asian Wall Street Journal within the next
few months, Dow Jones and Company said in a statement.

The financial newspaper's president William Adamopoulos said
his company was delighted to add Jakarta as the paper's ninth
print site.

"We were pleased to receive word last week that the Indonesian
government had approved local printing," he said.

President of PT Gramedia Jacob Oetama said the company was
pleased to work with the region's premier business daily.

"Morning availability of The Asian Wall Street Journal's
extensive news and analysis will give Indonesia's businesspeople
the competitive edge they need in today's international
marketplace,' he said.

Current ABC audited circulation of the paper in Indonesia
stands at 3,473 copies from July to December 1997. The paper
expects circulation will increase to between 5,000 and 6,000
copies in conjunction with local publication, based on its
experience with the recent launches in Kuala Lumpur, Malaysia and
in Seoul, South Korea. (aly)