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Interview With Andre J. Mamuaya, Director of Corporate Affairs and Corporate Secretary

What is your greatest achievement in improving Good Corporate Governance?

While we have become a public company only recently, we have made quite satisfying achievements in GCG. Among these achievements are the establishment of Audit Committee and Internal Audit Unit at the beginning of 2009. During 2009, the Committee contributed to the monitoring of the systems and procedures within the Group.

The Corporate Secretary Department made information disclosures on the company’s operational activities, both regular and ad hoc. We also established a formal disclosure policy.

What are you going to do to improve the company GCG going forward?

We always strive to review our GCG implementation by referring to the best practices and the standards in line with our vision and mission. Going forward, we will also develop our GCG structure in order to strengthen the monitoring function.

What has been your greatest challenge?

My greatest challenge was taking the company public, when I and my fellow directors, together with the IPO core team, managed to convince the capital market regulator that Adaro would become a public company contributing to the development of the Indonesian capital market. Adaro’s IPO value was the largest in the history of Indonesian capital market. As at April 2010, our market capitalization was around Rp70 trillion.