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PT Budi Acid Jaya Tbk.

Head Office Wisma Budi 8th & 9th Floor Jl. HR. Rasuna Said Kav. C-6, Jakarta 12940 Phone (021) 521-3383, 525-1223 Fax (021) 521-3282, 521-3392, 520-5829 Telex: 60674 SUBUDI IA E-mail: budiacid@centrin.net.id Jl. Ikan Kakap No. 9/12, Bandar Lampung Phone (0721) 486-122 Fax (0721) 486-754, 482-683 - Jl. Lintas Timur Km.154 Kec. Menggala Kab. Lampung Utara - Jl. Raya Kotabumi Ketapang Kec. Sungkai Selatan Kab. Lampung Utara - Jl. Jurusan Kotabumi Km. 75 Kec. Terbanggi Besar Kab. Lampung Tengah - Jl. Jurusan Menggala Km. 73-74 Kec. Terbanggi Besar Kab. Lampung Tengah Fully Integrated Cassava Based Industry PMDN

Chemical and Allied Products Summary of Financial Statement
(Million Rupiah) 2007 2008 2009
Total Assets Current Assets of which Cash and cash equivalents Trade receivables Inventories Non-Current Assets of which Fixed Assets-Net Investments Deffered Tax Assets-Net Liabilities Current Liabilities of which Bank Loans Trade payables Accrued Expenses Non-Current Liabilities Minority Interests in Subsidiaries Shareholders' Equity Paid-up capital Paid-up capital in excess of par value Retained earnings (accumulated loss) Net Sales Cost of Goods Sold Gross Profit Operating Expenses Operating Profit Other Income (Expenses) Profit (Loss) before Taxes Profit (Loss) after Taxes Per Share Data (Rp) Earnings (Loss) per Share Equity per Share Dividend per Share Closing Price Financial Ratios PER (x) PBV (x) Dividend Payout (%) Dividend Yield (%) Current Ratio (x) Debt to Equity (x) Leverage Ratio (x) Gross Profit Margin (x) Operating Profit Margin (x) Net Profit Margin (x) Inventory Turnover (x) Total Assets Turnover (x) ROI (%) ROE (%) PER = 8.47x ; PBV = 1.06x (June 2010) Financial Year: December 31 Public Accountant: Johan Malonda Astika & Co. 1,485,651 665,210 153,947 263,919 160,066 820,441 796,624 2,100 11,639 821,355 412,457 48,776 75,851 9,856 408,898 37,702 625,962 461,812 96,486 67,664 1,350,298 1,136,511 213,787 66,931 146,856 (74,292) 72,564 46,177 12 169 2 310 24.80 1.83 16.00 0.65 1.61 1.31 0.55 0.16 0.11 3.42 7.10 0.91 3.11 7.38 1,698,750 713,029 143,395 164,503 239,894 985,721 971,180 2,100 7,042 1,050,659 680,717 171,096 67,286 10,333 369,942 29,241 618,850 469,368 96,486 52,996 1,551,987 1,331,548 220,439 84,944 135,495 (99,929) 35,566 32,981 9 165 n.a 130 14.80 0.79 n.a n.a 1.05 1.70 0.62 0.14 0.09 2.13 5.55 0.91 1.94 5.33 1,598,824 536,438 57,829 207,021 165,289 1,062,386 1,054,857 2,100 552 816,201 514,068 214,329 86,915 15,375 302,133 38,583 744,040 469,596 96,486 177,958 1,782,132 1,520,875 261,257 107,381 153,876 24,541 178,417 146,415 39 198 9 220 5.64 1.11 23.79 4.21 1.04 1.10 0.51 0.15 0.09 8.22 9.20 1.11 9.16 19.68

Branch Office Factories

Business Company Status

Financial Performance: The Company booked net income amounted IDR146 billion in 2009, lower than last year income worth IDR32.9 billion. Brief History: PT Budi Acid Jaya Tbk ( the Company ) is one of the company under Sungai Budi Group ( SBG ). SBG was established in Lampung in 1947, just in few years after the Indonesian’s independency. Nowadays SBG grew into one of the largest business group within the agribusiness sector in Indonesia. The first business of SBG was trading for coffee, black pepper, cassava chips and other agriculture commodities. Under the leadership of Mr. Widarto, as Chairman and Mr. Santoso Winata, as Deputy Chairman, SBG has been rapidly grown and performing its diversification outside Lampung’s area especially in Java island as well as in other big cities in Indonesia. Nowadays, SBG is the main producer of tapioca starch as well as rice flour, and one of the main player in the palm oil industry and its derivative products as well as series of products used as raw materials for food, paper, confectionery, chemicals and other industries. The Company was established in 1979. In its early years, the Company had 1 (one) citric acid factory only. In line with the growth of SBG and in accordance with SBG’s plan to conduct Initial Public Offering over the Company’s shares, then in order to increase its value added, the Company was reorganized into a producer of cassavabased products with its main products in forms of tapioca starch and citric acid. After passing through an extensive planning, in 1995 the Company conducted Initial Public Offering over its shares. And as of the time, all SBG’s business expansion related with cassava always managed by the Company. As a result, nowadays the Company and its subsidiaries owned the following production facilities: 13 Tapioca starch factories 3 Citric acid factories 1 Sulphuric Acid factory 3 Plastic bag factories 1 Glucose factory 1 Glucose, fructose and malthodextrine factory 1 Glucose and sorbitol factory 2 Modified Tapioca Starch factories

(million rupiah) 2010 2009 June
Total Assets Liabilities Shareholders' Equity Net Sales Profit after Taxes ROI (%) ROE (%) 1,731,000 969,000 724,000 939,000 18,000 1.04 2.49

June
1,690,000 946,000 707,000 793,000 88,000 5.21 12.45

Shareholders PT Sungai Budi PT Budi Delta Swakarya PT Budi Acid Jaya Tbk (Treasury Stock) Public

25.83% 25.41% 1.57% 47.19%

226

Indonesian Capital Market Directory 2010

680.000 30.794.000.310.465.500 3.131.999 3.454.500.000 3.000 1.847.328.833 3.000 44.000 3.999 Underwriters PT Lippo Securities Tbk. Number and Value Warrant 01-Apr-10 Warrant 09-Jun-10 of 08-May-95 30-Nov-95 16-Aug-96 14-Aug-97 05-Jan-99 28-Sep-99 24-Feb-05 01-Aug-07 23-Jan-08 27-Feb-08 31-Mar-08 07-Apr-08 15-May-08 30-Jun-08 21-Jul-08 25-Aug-08 29-Sep-08 31-Aug-09 09-Sep-09 14-Oct-09 29-Jan-10 25-Feb-10 31-Mar-10 Shares Traded 05-Apr-10 22-Jun-10 30.000.000 100.000 3.914. Oey Alfred.000.862.639.333 5.000 3.842.463. Trading Days.000 3.000 787.050.696.000 3.466.174. Number and Value of Shares Traded and Market Capitalization Stock Price and Traded Chart Stock Price and Traded Chart Stock Price (Rp) 300 Million Shares 40 35 30 200 25 20 15 10 50 5 Jan-09 Feb-09Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10Mar-10 Apr-10 May-10 Jun-10 250 150 100 - Institute for Economic and Financial Research 227 .000 3.842.500 3. Frequency.833 970.695.000.610. Board of Commissioners President Commissioner Widarto Commissioners Djunaidi Nur.499 546.999 3.696.000 1.333 50.000.231.842.000 3.500.000 810.460.524. Victor Fungkong.000 250.500 3.000 12. PT Sinarmas Sekuritas Stock Price.166 3.000 3.000 262.500.601 Listing Date Trading Date Number of Shares per Listing Total Listed Shares Type of Listing First Issue 08-May-95 Company Listing 08-May-95 Bonus Shares 16-Aug-96 Bonus Shares 14-Aug-97 Additional Listing 05-Jan-99 Stock Split 28-Sep-99 Additional Listing Without Pre-emptive Rights 24-Feb-05 Right Issue 01-Aug-07 Warrant 23-Jan-08 Warrant 13-Feb-08 Warrant 10-Mar-08 Warrant 03-Apr-08 Warrant 07-May-08 Warrant 04-Jun-08 Warrant 02-Jul-08 Warrant 20-Aug-08 Warrant 03-Sep-08 Warrant 11-Aug-09 Warrant 02-Sep-09 Warrant 14-Oct-09 Warrant 21-Jan-10 Warrant 25-Feb-10 Warrant 02-Mar-10 Price.393.062.000 100.000 200. Sugandhi.000. Frequency.000.000 1.446.000 83.500.833 2.000 50.461.691.000 3.000. Tan Anthony Sudirjo.840.333 851.500 3.500.841.500 261.871.786.000 2.790.695.843.850.999 and Market Capitalization 583.783.000 181.000 3.838. PT Mandiri Sekuritas.000 86.516.000.000 6.000 70.019.000 3.000 3.466.500. Oey Albert Number of Employees 3. Trading Days. Daniel Kandinata No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Stock 24 25 Chemical and Allied Products Board of Directors President Director Santoso Winata Vice President Director Sudarmo Tasmin Directors Winoto Prajitno.000.809.PT Budi Acid Jaya Tbk.694.846.