PT Semen Gresik clarifies

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