PT Semen Gresik clarifies

Sat, 23 Oct 2004, 00:00 WIB | Source: JP

With reference to an article The Jakarta Post published on
Oct. 20 on page 13, SG wraps up Semen Padang audit with negative
adjustment, allow me to clarify that this news story, written by
Rendi A. Witular, a journalist with the Post, is neither accurate
nor correct.

On Oct. 18, a journalist claiming to be from the Post
contacted me by telephone. To the best of my recollection, in
regards the general audit of PT Semen Padang, I only mentioned
the timetable for the completion of the financial statements of
PT Semen Padang and Semen Gresik Group.

I did not make any statements about any financial reserves to
cover untraceable spending, nor did I mention anything else
beyond this timetable.

SOEBAGIO
Corporate Secretary
PT Semen Gresik (Persero) Tbk
Surabaya

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