The Investor Daily-October 24, 2008

The Investor Daily-October 24, 2008 Gaby Abdelneur, chief executive officer of JP Morgan Asia, affirmed that the company never thinks to take over Bakrie in spite of the company’s default. The statement was released after meeting with Vice President Jusuf Kalla yesterday in Vice President Office. Bakrie currently still has debt due in 2010 to JP Morgan US$98.5 million. Besides JP Morgan, the company also has debt due in 2009 to Recapital Securities worth Rp 189 billion, PNM Investment Management worth Rp. 231.81 billion, and Oddickson Finance worth US$1.016 billion.