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Pertamina clarifies

| Source: JP

Pertamina clarifies

We would like to respond to, as well as clarify, some
information from an article titled Hazardous waste poses headache
for Pertamina that appeared in The Jakarta Post on May 17.

PT Prasadha Pamunah Limbah Industri (PPLi) and Pertamina have
recently developed a very positive dialog to solve some of the
urgent waste disposal issues at Pertamina. PPLi has offered
Pertamina a very competitive solution that is in full compliance
with Indonesian regulations and is ready to begin the work.

Benefiting from a new government, Pertamina has made real
efforts to begin compliance and cleanup of the B3 waste material
stockpile. Pertamina should be encouraged to continue improving
their environmental management in a transparent manner.

Also, we need to clarify that the ownership of PPLi was
altered in 2001 when Modern Asia Environmental Holding (MAEH), a
waste service company for the ASEAN region, purchased PPLi's
shares from WMI and Bimantara Citra. The Republic of Indonesia,
through the Ministry of the Environment, also owns a minority
share in the company with MAEH.

We hope the accurate and valuable information above can be
used for your future reference.

EDWARD CORCORAN

President Director

PPLi

Jakarta

Note: Thank you for your clarification.

--Editor

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