PT Citra Tubindo Tbk.

Head Ofce Kawasan Industri Kabil Indonusa Estate Jl. Hang Kesturi Km. 4, Kabil Pulau Batam 29467 Phone (62-778) 711-888, 711-121-13 Fax (62-778) 711-094, 711-164 - Wisma Metropolitan I, 11st Floor Jl. Jenderal Sudirman Kav. 29 Jakarta 12920 Phone (021) 525-0609, 525-4170 Fax (021) 571-2317, 570-3742 Telex 62841 CTBINDO IA - 21-01 Chinatown Point,133 - New Bridge Rd., Singapore 019413 Phone (65) 732-7007 Fax (65) 538-4650 Telex RS 55560 CITRA Kawasan Industri Kabil Indonusa Estate Jl. Hang Kesturi Km. 4, Kabil Pulau Batam 29467 Phone (62-778) 711-888 Fax (62-778) 711-094, 711-164 Threading Plain-end Pipes and Accessories PMDN

Metal and Allied Products Summary of Financial Statement

(Million Rupiah) 2008 2009 2010

Representative Ofces

Factory

Business Company Status

Financial Performance: The Company booked net income amounted IDR 165.149 billion in 2010, increasing from IDR 132.777 billion booked in 2009. Brief History: Established in 1983 at Batam Island, the company also manufactures licensed pipe and accessories products with leading seamless pipe producers such as Vallourec Industries (France) and mannesmann Rohrenwerks AG (Germany). The company controls 50% of drilling pipes market in Indonesia. The company has a new factory which expands the processing of end nishing of pipe to include heat treatment, upsetting and accessories. The company has an afliate company in Malaysia with 30% shares, namely United Motor Works Citramaju Sdn.Bhd. The company is a subsidiary of PT Citra Agramasinti Nusantara.

(million rupiah) 2011

Total Assets Current Assets Non-Current Assets 2,033,893 1,397,635 636,258 956,572 1,077,321 845,130 246,493 12.12 22.88

2010
1,887,088 1,086,068 801,020 994,298 885,002 841,365 34,037 1.80 3.85

Shareholders Kestrel Wave Investment Limited Vallourec & Mannesmann Tubes Sumitomo Metal Industries Ltd. DR. Ingenieur Ilham Akbar Habibie Public

Liabilities

42.00% 33.50% 5.42% 0.03% 19.05%

Shareholders' Equity Net Sales Profit after Taxes ROI (%) ROE (%) In June

308

Indonesian Capital Market Directory 2011

PT Citra Tubindo Tbk.

Board of Commissioners President Commissioner Ir. Suyitno Padmosukismo Commissioners Sri Muwardjo Srimardji. MSC, FSA.I, DR. Ingenieur Ilham Akbar Habibie, Jean Pierre Michel, Prof. Dr. Johanes Berchmans Kristiadi Pudjosukanto
No 1 2 3 4 5 6 7 8 9 10 11 12 Type of Listing First Issue Company Listing Second Issue Bonus Shares Right Issue Right Issue Right Issue Right Issue Right Issue Right Issue II Bonus Shares Stock Split Listing Date 28-Nov-89 02-Jul-90 07-Sep-92 01-Apr-93 13-Jun-94 13-Jun-94 13-Jun-94 13-Jun-94 13-Jun-94 04-Jan-99 21-Jun-99 12-Jan-09

Metal and Allied Products

Board of Directors President Director Kris Taenar Wiluan Vice President Director Hedy Wiluan (Hedy Kurniawan) Directors Drs. Frankie Setiadi, Dr. Adam Paul Brunet, Herman Hermanto, Didier Maurice Francis Hornet Number of Employees 1,542
Trading Date 28-Nov-89 10-Jul-90 07-Sep-92 01-Apr-93 05-Jul-94 13-Jul-94 21-Jul-94 22-Jul-94 23-Aug-94 04-Jan-99 21-Jun-99 12-Jan-09 Number of Shares per Listing 1,600,000 3,600,000 800,000 24,000,000 3,137,750 745,000 7,607,750 659,250 2,850,250 5,000,000 30,000,000 720,000,000 Total Listed Shares 1,600,000 5,200,000 6,000,000 30,000,000 33,137,750 33,882,750 41,490,500 42,149,750 45,000,000 50,000,000 80,000,000 800,000,000

Underwriter PT MERINCORP Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Stock Price (Rp) 3,500 3,000 2,500 2,000 1,500 1,000 500 Jan-10 Feb-10Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11

Thousand Shares 14 12 10 8 6 4 2 -

Institute for Economic and Financial Research

309