Indonesian Political, Business & Finance News

Philip Morris clarifies

| Source: JP

Philip Morris clarifies

In response to the article in the April 17 edition of The Jakarta Post regarding PT Philip Morris Indonesia's sales projection, titled Philip Morris expects 15% increase in sales, we would like to make the following clarifications:

* PT Philip Morris Indonesia's projected volume growth of 15 percent as stated in the article is not correct.

* PT Philip Morris Indonesia is not a publicly listed company in Indonesia and has a corporate policy of not disclosing any sales growth projections or figures.

DHYOTI R. BASUKI

Account Executive

On behalf of:

DAVID TJOKRO

Marketing Manager

PT Philip Morris Indonesia

Jakarta

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