Indonesian Political, Business & Finance News

PT Kodel denies relationship

| Source: JP

PT Kodel denies relationship

With reference to your report on June 19, 1998 titled 'Govt
considering amending social security law: Fahmi' which mentions PT
Moya Zamzami Utama, we hereby would like to make clear that PT
Kodel has no relationship whatsoever with PT Moya Zamzami Utama
neither as a shareholder nor as a member of its management.

We hope this letter will bring your attention to the fact that
the report was erroneous and we are looking forward to you
publishing a correction.

BACHRUMSJAH HAMZAH

Corporate Secretary

PT Kodel, Jakarta

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