Ann: Company Update , page-9

Ifandwhen

Thanks for posting the recent articles. They show that the Indonesian Government is aware of issues but really has no idea how to fix it.

Makes me wonder how much longer we will have to wait for our PPA's, I think we still could have to wait a considerable time.

I would expect big energy players are monitoring the situation and would be reluctant to invest when delays due to beaurocracy are so long.

The Indonesian Government need to address these issues ASAP as they are driving investors away. I have said before that I will never again invest in any company which is doing business in Indonesia.

I just hope our management have a strategy to keep us afloat while we wait.