Semen Padang responds

Thu, 10 Apr 2003, 00:00 WIB | Source: JP

With reference to the news story under the title Semen Padang
causing problems for PT Semen Gresik, published on page 13 of
The Jakarta Post of April 7, 2003, we would like to explain the
following:

* The conclusion, that the financial statement of PT Semen Padang
was not issued punctually and correctly due to the Oracle
software is not true. We have teamed up with and obtained
assistance from Oracle Indonesia for the completion of the
drawing up of our financial statement.

* The problem lay not with the Oracle Software itself but in the
use of Oracle software at PT Semen Padang, with regard to the
setting up, business process adjustment and knowledge about this
new system.

* We are always striving to improve business processes at PT
Semen Padang and, in keeping with our needs, have chosen the
Oracle E-Business Suite to support the financial system of PT
Semen Padang.

DESRI AYUNDA, Corporate Secretary, PT Semen Padang, West Sumatra

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