Annexure I to order no.

44044499
QUALITY ACCEPTABLE BY SPV
Total Moisture % 19 air dry basis
Inherent Moisture % 12 air dry basis
Ash Content % 8 air dry basis
Volatile Matter % 40 air dry basis
Fixed Carbon % by diff. air dry basis
Total sulfur % 1.2(max) air dry basis
Gross Calorific Value Kcal/Kg 5800 GAR basis
H.G.I. 50
Size mm ROM

CALCULATION OF COAL SUPPLY

1) Bonus - Penalty
a) If actual GCV is below/above 5800 Kcal/kg, then price will be adjusted
as follows:
Adjusted Price = Price x (Specs GCV (GAR) - Actual GCV )
5800Kcal/kg (GAR)

b) If Total Moisture (ARB) is more than 21% then will be adjusted as per formula :
Adjusted Wight = weight x (121-Actual TM(ARB)
Adjusted Weight =
100
c) If actual Ash (ADB) is more than what it is written above specification
then will be adjusted as per formula:
Adjusted Price = Specs Ash% – Actual Ash
X Coal Price
1%

Note: Ash penalty starts when ash is above 10%

2) Quantity: Weightment at SPV's stockpile will be final and binding for invoicing purpose

3) Quality: Will be tested by PT GEOSERVICES

Annexure I to order no. 44029908
QUALITY ACCEPTABLE BY SPV
Total Moisture % 24-26 air dry basis
Inherent Moisture % 12 air dry basis
Ash Content % 10-12 air dry basis
Volatile Matter % 38 air dry basis
Fixed Carbon % by diff. air dry basis
Total sulfur % 1.2(max) air dry basis
Gross Calorific Value Kcal/Kg 5100 GAR basis
H.G.I. 38-42
Size mm ROM

CALCULATION OF COAL SUPPLY

1) Bonus - Penalty
a) If actual GCV is below/above 5100 Kcal/kg, then price will be adjusted
as follows:
Adjusted Price = Price x (Specs GCV (GAR) - Actual GCV )
5100Kcal/kg (GAR)

b) If Total Moisture (ARB) is more than 26% then will be adjusted as per formula :
Adjusted Wight = Weight x (Specs TM - Actual TM)

c) If actual Ash (ADB) is more than what it is written above specification

then will be adjusted as per formula:
Adjusted Price = Specs Ash% – Actual Ash
X Coal Price
1%

Note: Ash penalty starts when ash is above 12%

2) Quantity: Weightment at SPV's stockpile will be final and binding for invoicing purpose

3) Quality: Will be tested by PT GEOSERVICES

 Buyer's weight bridge weight x (120-Actual TM(ARB)
Adjusted Weight =
100
Annexure I to order no. 4100002170
QUALITY ACCEPTABLE BY SPV
Total Moisture % 24 as received
Inherent Moisture % 12 approx air dry basis
Ash Content % 10 air dry basis
Volatile Matter % 38 approx air dry basis
Total sulfur % 1 air dry basis
Gross Calorific Value Kcal/Kg 6000 air dry basis
Size mm 0 - 200 (85%)
HGI 48 Approx

CALCULATION FOR DEDUCTION OF COAL SUPPLY

1) Ash
* Actualash% – 10%
Penalty X Rp. 2,000
1%

2) Moisture

(124 - Actual TM)

Penalty Invoice wt. = Buyer Weight Bridge wt X
100

3) Penalty for GCV

a) as follows:
Adjusted Price = Actual Gross Calorific Value (Air Dried)
Rp. 815,000 X
6000 Kcal/Kg

TERMS OF PAYMENT
70% after receipt of material and confirmation of weight
30% after Lab report analisys

REJECTION
a) Total Moisture > 26% as received
b) Ash 12% air dry basis
c) GCV < 5800 Kcal/kg
Annexure I to order no. 4100002128
QUALITY ACCEPTABLE BY SPV
Total Moisture % 24 as received
Inherent Moisture % 10 approx air dry basis
Ash Content % 6 air dry basis
Volatile Matter % 42 approx air dry basis
Total sulfur % <1 air dry basis
Gross Calorific Value Kcal/Kg 6300 air dry basis
Size mm 0 - 200 (90%)
HGI 52 Approx

CALCULATION FOR DEDUCTION OF COAL SUPPLY

1) Ash
* Actualash% – 6%
Penalty X Rp. 2,000
1%

2) Moisture

(124 - Actual TM)

Penalty Invoice wt. = Buyer Weight Bridge wt X
100

3) Penalty for GCV

a) as follows:
Adjusted Price = Actual Gross Calorific Value (Air Dried)
Rp. 850,000 X
6300 Kcal/Kg

TERMS OF PAYMENT
70% after receipt of material and confirmation of weight
30% after Lab report analisys

REJECTION
a) Total Moisture 26% as received
b) Ash > 8% air dry basis
c) GCV < 6100 Kcal/kg
Annexure I to order no. 4100002036

QUALITY ACCEPTABLE BY SPV

Total Moisture % 24 as received
Inherent Moisture % 10 approx air dry basis
Ash Content % 6 air dry basis
Volatile Matter % 42 approx air dry basis
Total sulfur % <1 air dry basis
Gross Calorific Value Kcal/Kg 6300 air dry basis
Size mm 0 - 200 (90%)
HGI 52 Approx

CALCULATION FOR DEDUCTION OF COAL SUPPLY

1) Ash
* Actualash% – 6%
Penalty X Rp. 2,000
1%

2) Moisture

(124 - Actual TM)

Penalty Invoice wt. = Buyer Weight Bridge wt X
100

3) Penalty for GCV

a) as follows:
Adjusted Price = Actual Gross Calorific Value (Air Dried)
Rp. 840,000 X
6300 Kcal/Kg

TERMS OF PAYMENT
70% after receipt of material and confirmation of weight
30% after Lab report analisys

REJECTION
a) Total Moisture 26% as received
b) Ash > 8% air dry basis
c) GCV < 6100 Kcal/kg
Annexure I to order no. 4100001965

QUALITY ACCEPTABLE BY SPV

Total Moisture % 24 as received
Inherent Moisture % 12 air dry basis
Ash Content % 8 air dry basis
Volatile Matter % 40 air dry basis
Total sulfur % 1 air dry basis
Gross Calorific Value Kcal/Kg 6100 (+/-50) air dry basis
Size mm 0 - 200
HGI 48 Approx

CALCULATION FOR DEDUCTION OF COAL SUPPLY

1) Ash
* Actualash% – 8%
Penalty X Rp. 2,000
1%

2) Moisture

(124 - Actual TM)

Penalty Invoice wt. = Buyer Weight Bridge wt X
100

3) Penalty for GCV

a) as follows:
Adjusted Price = Actual Gross Calorific Value (Air Dried)
Rp. 820,000 X
6100 Kcal/Kg

TERMS OF PAYMENT
70% after receipt of material and confirmation of weight
30% after Lab report analisys

REJECTION
a) Total Moisture > 29% as received
b) Ash > 13% air dry basis
c) GCV < 5800 Kcal/kg
Annexure I to order no. 4100001769 (TYPE II)

QUALITY ACCEPTABLE BY SPV

Total Moisture % 24 as received
Inherent Moisture % 12 air dry basis
Ash Content % 8 air dry basis
Volatile Matter % 40 air dry basis
Total sulfur % 1 air dry basis
Gross Calorific Value Kcal/Kg 6100 air dry basis
Size mm 0 - 200
Sources Coal from Central Kalimantan

CALCULATION FOR DEDUCTION OF COAL SUPPLY

1) Ash
* Actualash% – 8%
Penalty X Rp. 2,000
1%

2) Moisture

(124 - Actual TM)

Penalty Invoice wt. = Buyer Weight Bridge wt X
100

3) Penalty for GCV

a) as follows:
Adjusted Price = Actual Gross Calorific Value (Air Dried)
Rp. 750,000 X
6050 Kcal/Kg

TERMS OF PAYMENT
70% after receipt of material and confirmation of weight
30% after Lab report analisys

REJECTION
a) Total Moisture > 29% as received
b) Ash > 13% air dry basis
c) GCV < 5800 Kcal/kg