PT Indonesia Bulk Terminal (“IBT”)

Barry Jones, General Manager *) - Terminal Service
Barry Jones joined Adaro in 1996 as head of maintenance at the Kelanis barge loading facility before being promoted to Kelanis Superintendent,Coal processing and Shipping Division Head and finally General Manager of IBT. Prior to joining Adaro he had many years experience within the Australian coal industry. He has a Diploma in Electrical Engineering, Graduate Certificate in Maintenance Management and a Graduate Certificate in Management.

*) Resigned in January 2010

PT Indonesia Bulk Terminal (“IBT”) - IBT operates a coal terminal located on Pulau Laut, an island off South Kalimantan and 200 km from the Taboneo anchorage. Adaro and third-party coal producers use IBT as a coal trans-shipment and coal blending hub for both domestic and international coal shipments through Kalimantan. IBT is also working with Shell to establish a fuel storage and distribution center at its terminal which will become operational in 2010.

IBT’s port has a rated throughput of 12 Mt per annum with the capability to load vessels of up to 85,000 DWT. The terminal maintains eight stockpiles with a total capacity of 800,000 tonnes of coal and a stockpile reclaiming system to provide accurate blending to meet end-users precise specifications. There are 4 cranes for inloading the coal at a rate of 750 tonnes per hour for each crane, while the shiploading capacity is 3,000 tonnes per hour.

The fuel storage tanks being constructed have a capacity of 80,000 kiloliters. Other facilities being constructed as part of this fuel storage and distribution project include fuel tanker inloading and fuel barge outloading systems.

PT Indonesia Bulk Terminal	2005	2006	2007	2008	2009
Key Financial Highlight (in US$)
Total Assets	174,285,241	172,453,932	176,110,220	176,673,960	179,031,335
Total Liabilities	76,225,543	55,939,394	38,135,673	29,563,933	29,065,251
Interest Bearing Debt	26,074,326	38,245,923	30,165,353	1,871,045	1,934,905
Total Equity	98,059,698	116,514,538	137,974,547	147,110,029	149,966,084
Revenue	37,638,455	44,740,238	50,366,881	34,266,097	19,256,206
Operating Statistics
Related Parties	6,293	8,952	10,719	6,270	3,254
Third Parties	1,373	733	1,246	1,803	1,382
Coal Tonnage Handled (in ‘000 tonnes)	7,667	9,685	11,965	8,073	4,635
Vessels Loaded	120	146	185	125	72

Bram Surjadi, Marketing Manager
Bram Surjadi is the Marketing Manager for IBT responsible for marketing the terminal’s services to Southeast Kalimantan coal producers and to coal traders and endusers of coal, he was posted to IBT after joining Adaro’s marketing department in 2006. Prior to this he was the commercial manager for a domestic coal trading operation and was business development manager for an industrial company.