Message from the Publisher

Message from the Publisher

Approximately a month ago The Jakarta Post implemented several
cost-efficiency measures -- including the reduction of the number
of pages of the newspaper from 16 to 12 pages -- to eliminate
financial losses caused by shrinking advertising revenue and
rising newsprint prices. We hoped that economic situation would
improve, so that we could avoid having to substantially increase
our subscription rate.

Unfortunately the economic uncertainty persists and production
costs keep rising. To survive the uncertainty of the coming
months, while consistently maintaining the integrity of the news
and views we provide, we regretfully announce that we have to
increase our monthly subscription rate from Rp 22,000.- to
36,000.- as of March 1, 1998. In addition to that, we will have
to reduce the number of pages of our newspaper. Starting March
15, 1998, the paper will be 8 pages instead of 12 pages.

We will resume our normal 16-pages daily as soon as the
advertising environment recovers and the economy in general
returns to normal.

Again, we appreciate your trust, which we never take for
granted. That is a promise.

-- The Publisher