PT Arwana Citramulia Tbk.

Stone, Clay, Glass and Concrete Products

Head Office Sentra Niaga Puri Indah Blok T2 No. 24 Summary of Financial Statement
Kembangan Selatan
Jakarta 11610 (Million Rupiah)
Phone (021) 5830-2363 2006 2007 2008
Fax (021) 5830-2361
Email: info@arwanacitra.com
Website: www.arwana.com
Factories - Jl. Raya Pasar Kemis
Jatiuwung Pasar Doyong, Desa Gembor
Tangerang, Banten
Phone (021) 590-3555, Fax (021) 590-3461
E-mail: info@acm.arwanacitra.com
- Jl. Raya Gorda-Desa Kibin Km. 69
Kec. Cikande-Serang 42185, Banten
- Jl. Wringin Anom Raya Km. 33.9
Desa Wringin Anom, Kab. Gresik 61176-Jawa
Timur
Business Ceramic Industry
Company Status PMA

Financial Performance: The Company recorded net

profit at IDR54.290 billion in 2008, rising from IDR43.432 bil-
lion in 2007. The net profit increase was supported chiefly by
higher net sales which climbed up to IDR647.125 billion from
IDR506.979 billion.
Brief History: The company began its production since
1995. In July 2001, the company was offering its shares to
public. From the public expose of Arwana’s IPO which held in
Borobudur Hotel Jakarta, 182 million shares with nominal value
of Rp 100 that will be sold to public, represent 30.04% own-
ership. Recently, the major ownership is owned by PT Agung
Abadi Mandiri Sejati (58.80%), and PT Suprakreasi Eradinamika
(17.54%), while the rest is owned by shareholders who are the
company directors and commisioners. After IPO, the owner-
ship of PT Agung Abadi Mandiri Sejati and PT Suprakreasi Eradi-
namika will decrease to 41.14% and 12.27%. 15% of the fund
gained will be used to increase the production capacity through
renovation of production machines and addition of equipment.
While 70% of the fund will be used for expansion by adding
capital placement for PT Sinar Karya Duta Abadi, ceramic pro-
ducer in Surabaya, in which the company had previously owned
18% of ownership, later on it will be used for purchasing pro-
duction machines. PT Arwana Citramulia with its subsidiary,
PT Arwana Nuansakeramik (ANK) its a ceramic tile producer
with single firing system which sold to the market and branded
as Arwana. With four production lines, recently the company
and ANK through their factories in Tangerang and Serang have
a production capacity of 7,350,000 m2 per year. With domestic
market orientation, in the year 2000 Arwana able to absorb
6.44% of Indonesian ceramic tile maket.

Shareholders
HSBC-Fund Services Clients A/C 500 25.28%
RBS Coutts Bank Ltd. Singapore 20.70%
UBS AG, Singapore –UBS Equities 209114-40-03 16.44%
PT Suprakreasi Eradinamika 13.56%
UBS AG, Singapore Non-Treaty Omnibus Account 5.09%
Public 18.93%

318 Indonesian Capital Market Directory 2009

PT Arwana Citramulia Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Theresia Yustina Ariany President Director Tandean Rustandy
Commissioner Heru Subiyantoro Directors Edy Suyanto, Indra Bachtiar

Number of Employees 1,317

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 17-Jul-01 17-Jul-01 125,000,000 125,000,000

2 Company Listing 17-Jul-01 17-Jul-01 423,851,000 548,851,000
3 Right Issue 22-Nov-02 22-Nov-02 356,753,150 905,604,150
4 Stock Dividend 09-Jun-06 09-Jun-06 12,074,722 917,678,872

Underwriters
PT Ciptadana Sekuritas, PT Makindo Securities Tbk

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

Stock Price and Traded Chart

Institute for Economic and Financial Research 319

PT Intikeramik Alamasri Industri Tbk. Stone, Clay, Glass and Concrete Products

Head Office Jl. Pangeran Jayakarta No. 133 Summary of Financial Statement
Jakarta 10730
Phone (021) 624-2727 (Million Rupiah)
Fax (021) 625-3059 2006 2007 2008
E-mail: essenza@rad.net.id
Website: www.essenza.com
Factory Kawasan Industri Palm Manis
Jl. Dumpit, Desa Gandasari
Kec. Jatiuwung, Tangerang, Banten
Phone (021) 591-3209, Fax (021) 591-9717
Business Glazed floor Tile
Company Status PMDN

Financial Performance: Net profit stumbled in 2008 to

IDR3.305 billion from IDR12.256 billion in 2007. Other ex-
penses were increase in 2008 to IDR29.445 billion from IDR17
billion.
Brief History: The company was established in 1991. It
currently markets tiles consisting of 36 kinds of colour and the
products are designed in two motives (smooth and small pim-
ple) and three types of surface (polished, unpolished and rock).
The company, which has a production capacity of 6.6 million
m2, has imported part of the raw materials, like feldspar, clay
and pigment, from Turkey, Ukrania and Spain. Its operational
activities are fully backed up by a subsidiary company, namely
PT Internusa Keramik Alamasri (PT IKA), with the shareowner-
ship of 99%. The subsidiary operates in the same field of busi-
ness to that managed by its principal company. The factory and
production facilities of PT IKA are built on a land plot of 16
hectares, and the location is adjacent to that belonging to its
principal company. They are located in Gandasari village, Tan-
gerang, West Java province. The marketing and distribution of
the products on the domestic market are entrusted to PT In-
ternusa Karya Megah, while that responsible for the marketing
and distribution of the products on the export markets is Sin-
gapore-based Inti Ceramic Pte. Ltd.Co. The two companies are
affiliated to PT Intikeramik Alamasri Industri. Now the domestic
market leader, the company supplies over 1,500 construction
material retail outlets in Indonesia and 45 export destinations,
including Singapore, Brunei, Hong Kong, and Australia.

Shareholders
PT Inti Karya Megah 45.38%
Best Achieve Investment Ltd. 28.90%
Lie Ju Tjhong 3.67%
Public 22.05%

320 Indonesian Capital Market Directory 2009

PT Intikeramik Alamasri Industri Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Lie In In President Director Lie Ju Tjhong
Commissioner Robby Tatang Poniman Directors Hanadi Ramali, Budi Muljono Djunaedy

Number of Employees 588

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 04-Jun-97 04-Jun-97 100,000,000 100,000,000
2 Company Listing 04-Jun-97 07-Jan-98 240,000,000 340,000,000
3 Additional Listing 10-Sep-02 10-Sep-02 110,000,000 450,000,000
4 Mandatory Convertible Bond 11-May-07 11-May-07 204,000,000 654,000,000

Underwriters
PT Danareksa Sekuritas, PT Pentasena Arthasentosa

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

Stock Price and Traded Chart

Institute for Economic and Financial Research 321

PT Keramika Indonesia Assosiasi Tbk. Stone, Clay, Glass and Concrete Products

Head Office Graha Atrium 5th Floor Summary of Financial Statement

Jl. Raya Senen No. 135
Jakarta 10410 (Million Rupiah)
Phone (021) 386-2322 (Hunting) 2006 2007 2008
Fax (021) 386-2311
Factories - Jl. Raya Narogong Km. 51.9 Limusnunggal
Cileungsi-Bogor, Jawa Barat
Phone (021) 823-0023
Fax (021) 823-0013
Kota Industri Surya Cipta
Jl. Surya Lestari Kav. 1 & 2
Teluk Jambi Karawang-Jawa Barat
Phone (0267) 440-401, 440-405, 440-409
Fax (267) 440-410, 440-411
Business Ceramic Industry and Distributor
Company Status PMA

Financial Performance: The Company booked net income

at IDR21.575 billion in 2008, while last year booked net loss at
IDR84.628 billion.
Brief History: PT Keramika Indonesia Assosiasi Tbk oper-
ates in the production, distribution, and marketing of ceramics
products for building use. The company produces and markets
wall tiles with the trademark KIA.

Shareholders
Farrington Inc. 69.31%
Concept Link Ltd. 25.65%
PT Mitra Investindo Multicorpora 3.42%
Public 1.62%

322 Indonesian Capital Market Directory 2009

PT Keramika Indonesia Assosiasi Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Sean Lai Choong Chang President Director Rico Susilo
Commissioner David Wilyanto Directors Handono Warih, Hassan Themas

Number of Employees 979

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 Company Listing 03-Dec-07 03-Dec-07 425,000,000 425,000,000

2 Additional Listing Without
Pre-Emptive Rights 15-Jul-08 15-Jul-08 8,000,000,000 8,425,000,000

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

Stock Price and Traded Chart

Institute for Economic and Financial Research 323

PT Mitra Investindo Tbk. Stone, Clay, Glass and Concrete Products

Head Office Plaza Mutiara, 9th Floor, Suite 902 Summary of Financial Statement
Jl. Lingkar Mega Kuningan Kav. E1-2/No. 1 & 2
Jakarta 12950 (Million Rupiah)
Phone (021) 576-6005 (Hunting) 2006 2007 2008
Fax (021) 576-6008
E-mail: siwani@dnet.net.id
Business Granite Stone
Company Status PMDN

Financial Performance: The Company booked net profit

at IDR2.309 million in 2008, while last year booked net profit
at IDR1.681 billion. Other expense increased from IDR1.033
billion to IDR12.350 billion.
Brief History: Established in Jakarta in 1973, the name of
the company has been changed from PT Minsuco International
Finance to PT Maharani Intifinance since 1997. In addition to
the financing services, it also has operated in the services of
corporate financial advisory. Its financing services have passed
the quality test undertaken by international certification institu-
tion, Societe Generale de Surveilance. And the company also
succeeded in securing a certificate of ISO 9001 for the quality
management system, including products design. The company
started to float its shares at the Jakarta Stock Exchange and
Surabaya Stock Exchange on July 16,1997 when the shares trad-
ing was sluggish. Nonetheless, the results of IPO undertaken by
the company was beyond expectations, as the public floatation
gained positive response from the public. Price of the offered
shares rose by 12 points from Rp 600 to Rp 900 per share.

Shareholders
Olive Crest Corporation 24.64%
PT Surya Raya Guna Perkasa 7.79%
PT Panin Insurance Tbk 5.26%
Andreas Tjahjadi 2.34%
Public 59.97%

324 Indonesian Capital Market Directory 2009

PT Mitra Investindo Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Andreas Tjahjadi President Director Herman Setya Budi
Commissioners Mustofa, Simon Halim Directors Kumari, Diah Pertiwi Gandhi

Number of Employees 201

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 16-Jul-97 16-Jul-97 58,800,000 58,800,000

2 Company Listing 16-Jul-97 20-Feb-98 61,200,000 120,000,000
3 Stock Split 09-Oct-00 09-Oct-00 120,000,000 240,000,000
4 Additional Listing 04-Sep-01 04-Sep-01 720,000,000 960,000,000
5 Additional Listing without
Pre-emptive Rights 10-Aug-05 10-Aug-05 240,000,000 1,200,000,000
6 Additional Listing (Merger) 23-Mar-06 23-Mar-06 1,366,456,000 2,566,456,000

Underwriters
PT Panin Sekuritas Tbk, PT Pentasena Arthasentosa
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 325

PT Mulia Industrindo Tbk. Stone, Clay, Glass and Concrete Products

Head Office Wisma Mulia 53th Floor Summary of Financial Statement

Jl. Jend. Gatot Subroto Kav. 42
Jakarta 12710 (Million Rupiah)
Phone (021) 520-0959 2006 2007 2008
Fax (021) 520-0763
Factory Jl. Raya Tegal Gede, Lemah Abang
Kecamatan Cibitung, Bekasi
Jawa Barat
Phone (021) 871-8818, Fax (021) 871-8811
Business Glass and Ceramic
Company Status PMDN

Financial Performance: The Company still suffering net

loss at IDR758 billion in 2008, falling from IDR1.013 trillion
booked in 2007. Net sales increased to IDR3.346 trillion from
IDR2.775 trillion.
Brief History: The two subsidiries, each 70% owned by
the company, are PT Muliakeramik Indahraya and PT Muliaglass.
PT Muliakeramik Indahraya has a production capacity of 23,000
m2 of ceramic floor tiles daily, while production capacity at PT
Muliaglass totals 500 tons of sheet glass and 230 tons of glasses
and bottles daily. About 20% of the ceramic floor tiles and 30%
of sheet glass, glasses and bottles are exported. The main raw
material used in glass production is quartz sand, quarried in
Belitung, clay and feldspar, quarried in Sukabumi while other
materials are imported from the United States. The company
was founded in 1986 under the name of PT Mulia Indoland. Be-
fore 1992, the company mainly operated as sole agent for Mu-
lia Group office properties, such as Mulia Tower, Gedung BRI
II, Mulia Center, Kuningan Plaza and BRI Tower Surabaya. On
January 1996, the company launched tree years Floating Rate
Notes at US$ 125 million, with bank of America, JP Morgan and
Banker Trust as its underwriter. The company —a member of
the Mulia Group— will use the raised fund to finance its subsid-
iary that is PT Muliaglass.

Shareholders
PT Eka Gunatama Mandiri 41.45%
PT Mulia Grahapermai 25.80%
Public 32.75%

326 Indonesian Capital Market Directory 2009

PT Mulia Industrindo Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Tony Surjanto President Director Eka Tjandranegara
Commissioners R. Dodi Pryambodo, Tjahja Sathiadi Directors Hendra Herjadi Widjonarko,
Rudy Djaja, Ekson Tjandranegara, Henry Bun

Number of Employees 7,824

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 17-Jan-94 17-Jan-94 25,000,000 25,000,000

2 Company Listing 17-Jan-94 21-Jul-94 100,000,000 125,000,000
3 Right Issue 09-Feb-95 09-Feb-95 100,000,000 225,000,000
4 Bonus Shares 13-Feb-96 13-Feb-96 247,500,000 472,500,000
5 Right Issue 29-May-96 29-May-96 189,000,000 661,500,000
6 Stock Split 24-Mar-97 24-Mar-97 661,500,000 1,323,000,000

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

Stock Price and Traded Chart

Institute for Economic and Financial Research 327

PT Surya Toto Indonesia Tbk. Stone, Clay, Glass and Concrete Products

Head Office Toto Building Summary of Financial Statement

Jl. Tomang Raya No. 18 Jakarta 11430
Phone (021) 566-3532, 568-1318 (Hunting) (Million Rupiah)
Fax (021) 568-2282, 560-1296 2006 2007 2008
E-mail: sti@toto.co.id
Factories - Jl. M.H Thamrin Km. 7, Desa Pakulonan,
Serpong, Tangerang, Banten
Phone (021) 539-7909, 539-7908
Fax (021) 539-7911, 539-7912
- Jl. Raya Tiga Raksa No.1 Km.21
Phone (021) 596-0657, 596-1676
Fax (021) 596-0656
Desa Bojong, Cikupa, Tangerang, Banten
- Jl. Raya Pasar Kemis Km. 7, Kampung Cilongo
Desa Sukamantri Kec. Pasar Kemis-Tangerang-
Banten
Business Manufacturers of Sanitary wires and
Plumbing Fittings & System Kitchen
Company Status PMDN

Financial Performance: ������������������������������

The Company booked consolidat-
ed net income of IDR63.286 billion in 2008, increased versus
IDR56.376 billion in the same period of 2007. Net sales jumped
to IDR1.124 trillion from IDR885 billion.
Brief History: PT Surya Toto Indonesia was established
in 1977 as a joint venture between three Indonesian company,
PT Intimitra Sejahtera, PT Suryaparamitra Abadi and PT Mul-
tifortuna Asindo, and two Japanese companies, Toto Ltd., and
Kashima Trading Company Ltd.

Shareholders
Toto Limited, Japan 39.50%
PT Multifortuna Asindo 30.00%
PT Suryaparamitra Abadi 25.30%
Public 5.20%

328 Indonesian Capital Market Directory 2009

PT Surya Toto Indonesia Tbk. Stone, Clay, Glass and Concrete Products

Board of Commissioners Board of Directors

President Commissioner Hiromichi Tabata President Director Mardjoeki Atmadiredja
Vice President Commissioner Umarsono Andy Vice President Director Jun Kimura
Commissioner Gunawan Sumana Directors Benny Suryanto, Juliawan Sari, Ferry Prajogo,
Kazutoshi Zemmyo, Keiichi Sugino, Setia Budi Purwadi

Number of Employees 2,663

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares

1 First Issue 30-Oct-90 30-Oct-90 2,687,500 2,687,500

2 Partial Listing 01-May-91 19-Jul-91 2,680,000 5,367,500
3 Bonus Shares 12-Jun-91 12-Jun-91 4,300,000 9,667,500
4 Partial Listing 29-Jul-92 29-Jul-92 217,125 9,884,625
5 Bonus Shares 29-Jul-92 29-Jul-92 5,160,000 15,044,625
6 Bonus Shares 08-Nov-94 08-Nov-94 18,576,000 33,620,625
7 Company Listing 29-Nov-00 29-Nov-00 15,915,375 49,536,000

Underwriters
PT INDOVEST, PT Asean Development Securities, PT Nomura Indonesia
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

Stock Price and Traded Chart

Institute for Economic and Financial Research 329