Orchard Maritime Logistics Pte. Ltd. (“OML”), PT Maritim Barito Perkasa (“MBP”), and PT Harapan Bahtera Internusa (“HBI”)

Alan Yim, President Director*
Alan Yim had been with the Chuan Hup Group of companies, one of South East Asia’s largest barging and offshore operations company since 1982. During his period with them he held a variety of positions rising to become Director and CEO of CH Logistics Pte Ltd in 2002, a post he retained until he left the company in 2008. He holds a Chief Engineer’s certificate.

* Joined in 2010

Orchard Maritime Logistics Pte. Ltd. (“OML”), PT Maritim Barito Perkasa (“MBP”), and PT Harapan Bahtera Internusa (“HBI”) - OML is a Singapore-based coal barging and ship loading company that acquired the business of Orchard Maritime Services Pte. Ltd. in 2006. OML transports coal from the place of production to the port of delivery. Adaro, through OML, controls a portion of its barging and shiploading operations, which are essential parts of its coal supply chain. Through this partial control, Adaro is in a better position to control demurrage costs through more efficient utilization of barges and transhipment cranes. MBP owns 16 barges, 18 tugboats, 1 accommodation barge and supply boat, 3 self propelled barges and 4 floating cranes which work predominantly for Adaro in its barging and transhipment operations. Adaro Energy has restructured the majority of OML’s assets to PT Maritim Barito Perkasa (MBP) and PT Harapan Bahtera Internusa (HBI) to comply with the cabotage law. When capacity is available, contracts are also undertaken for other Indonesian coal suppliers. As part of the Company’s cost reduction initiatives, three self-propelled barges each with a 12,000 tonnes capacity were in operation in in 2009 and have the ability to travel twice as fast as barges pulled by tugboats.

Besides Adaro, which is OML’s largest customer, principal customers include PT Kideco Jaya Agung, PT Jawa Power and PT Semen Gresik. OML also serves a customer with the load ports in Cambodia and Vietnam, for discharge in Singapore.

Barging:
During 2009, Adaro’s coal accounted for 83% of OML’s 10.4 million tonnes of barging volume, an amount equal to 24% of Adaro’s production volume.

Shiploading:
During 2009, 99% out of OML’s 11.4 million tonnes of shiploading volume was Adaro’s coal. OML handled
51% of Adaro’s open anchorage volumes.

Barging*	2006	2007	2008	2009
Key Financial Highlight (in million Rupiah)
Total Assets	1,275,941	1,609,213	1,663,011	1,778,874
Total Liabilities	1,181,904	1,465,529	1,482,237	1,529,685
Interest bearing debt	848,938	1,226,561	1,388,741	1,048
Total Equity	94,037	143,684	180,774	249,189
Revenue	213,485	443,340	657,579	670,220
Operating Statistics
Transhipment (Mt)	5.23	9.4	10.6	11.41
Transportation (Mt)	2.67	6.77	9.5	10.37