Excellent Competitive Advantages

CORPORATE PRESENTATION
JAN 2017
www.ptba.co.id
Reuters: PTBA.JK Bloomberg: PTBA IJ Exchange: JKT Ticker: PTBA

PT.Bukit Asam (Persero), Tbk.

 Indonesia’s Oldest and Most Experienced Coal Producer
PN TABA was converted PTBA was publicly listed
into a limited corporation on the Jakarta Stock
and its name changed to Exchange with 35% of
PT Tambang Batubara shares held by the public.
During the Dutch colonial
Bukit Asam (PTBA). This It traded with the initial
period, the first open-pit
date is officially stock price of IDR575
at Airlaya mine, in
considered as the base of under the code PTBA.
Tanjung Enim, South
the commemoration of
Sumatera started
the company’s
operating.
anniversary.
1919 2 Mar 1981 23 Dec 2002

1876 1950 1990

Coal Mine in Ombilin, The company changed Another state owned coal
West Sumatera, started into an Indonesian state company, “Perusahaan
in operation. owned company which Umum Tambang
was called “PN Tambang batubara” merged with
Arang Bukit Asam” PT Bukit Asam (PTBA).
(TABA). PN is Since then, PTBA become
abbreviation of the only state owned coal
Perusahaan Negara, mining in Indonesia.
means “State Company”. During the period 1991-1995,
2015 on the behalf of the Indonesian
government, PTBA acted as the
Coal  Power domestic coal regulator for Coal
Subsidiaries: Coal Trading Logistic CBM Gas Investment Contract of Works (CCoW).
Business Generation
 FY15(A) FY16(E) 9M15(A) 9M16(A) YoY %
a b c d d/c
 SALES VOLUME (MT) 19.10 23.08 14.35 15.14 +5.5%
 PRODUCTION (MT) 19.28 19.95 14.08 12.98 -7.8%
 TRADING/PURCHASE (MT) 1.46 1.85 1.17 1.04 -11.1%
 RAILWAY CAPACITY (MT) 15.80 19.12 11.94 12.68 +6.2%
 REVENUES (IDR TN) 13.73 xx.x 10.50 10.04 -4.4%
 NET PROFIT (IDR TN) 2.04 x.xx 1.50 1.05 -29.9%
 STRIP RATIO 4.5 4.5 4,6 5.4 +17.4%

Net Profit (IDR Trillion) Railway Capacity (mn ton) Revenue (IDR Trillion)

15.80  13.7
3.08  14.80  13.1
2.90  11.6
12.80  10.6 11.2
11.50  11.90 
2.01  2.02  2.04  10.80  9.0
1.80  7.9

2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2009 2010 2011 2012 2013 2014 2015
Mining Business License (IUP) Total Resources 8.27 billion tons
Tanjung Enim Mine 66,414 Ha
Ombilin Mine 2,950 Ha
Total Mineable Reserves 3.33 billion tons 
Peranap Mine 18,230 Ha
PERANAP  MINE IPC MINE
IPC Mine 3,238 Ha Recources : 0.67billion tons Resources :  0.024 billion tons
Mineable  : 0.29 billion tons Mineable :   0.004 billion tons
Tabalong 3,145 Ha
Total 93,977 Ha
OMBILIN  MINE Tambang Tabalong IPC (JORC sta.2013
Resources : 0.10 billion tons Resources :  0.29 billion tons
Mineable  : 0.02 billion tons Mineable :   0.11 billion tons

Pekan Baru
TANJUNG ENIM  MINE
Peranap Resources : 4,71billion tons Samarinda
TELUK BAYUR PORT Padang Mineable : 2,90 billion tons
Stockpile : 90,000 tons Teluk Bayur
Throughput   : 2.5 M tpa
Vessel           : 40,000 DWT Ombilin LAHAT MINE
Palembang Kertapati Resources : 2,48 billion tons

KERTAPATI  PORT
Stockpile : 50.000 tons
Throughput : 3.7 M tpa Tanjung Enim
Lampung
Barging        : 8,000 DWT Tarahan
Jakarta

TARAHAN PORT
Stockpile : 560,000 tons
Throughput : 25 M tpa
Vessel            : 210,000 DWT

PTBA core operations

 2.7%

3.0%

34.2%
48.2%

49.1%
62.8%

Lignite Sub‐bituminous Bituminous

Lignite Sub‐bituminous Bituminous

Parameter BITUMINOUS SUB BITUMINOUS LIGNITE

TM (% ar)  < 18 18 ‐30 > 35
CV (KCal/Kg adb) > 6,400 4,900 – 6,400 < 4,900
(KCal/Kg ar)  5,800 – 7,950 4,400 – 5,800 < 4,400
Source: JP Morgan
 Indonesian Domestic Demand Vs Exports (Mt)
Primary Energy Mix (%)

Source: Wood Mackenzie Coal Market Service, 2015

Source: Agency For The Assessment And Application Of Technology, Dec 2014

Coal Demand (PLN + IPP) Fuel Mix 2005‐2021 : For Power Generation

Source : PLN, 2015

Source : PLN, 2014
 Total Cash Cost (FOB) 9M16 Total Cost Breakdown
Depreciation &  Fuel, 2.0% Oil Lubricant and …
Tanjung Enim 9M16 9M15 YoY Amortisation, 4.0%
Traveling and 
System *) training, 1.0%
Salaries & Wages, 
Spareparts/Material, …
Ex Royalty  (IDR) 528.951  516.664 +2,4% Railway Service; 28.0%
13.0%
Thridparty services, 3.0%

Total         (IDR) 566.845 563.012  +0,7%

Car & Equipment Rent, …
Royanty & Retribution; 
*) Note: Total cash cost include COGS,G&A, Selling Expenses, Inventory Others, 2.0%
7.0%

Weighted Average Strip Ratio (.x) Mining Service, 29.0%

6
5 4.2 4.4 4.6 4.5 4.5
4.0 Environmental, 1.0%
4
3
2
1
0 Average Selling Price (ASP)
2011 2012 2013 2014 2015 2016(E)
9M16 9M15 YoY

6 5.59  4.49  5.57  5.47  5.39  Weighted ASP (IDR/Ton) 645.844 712.099 ‐9,3%

5 4.13  4.03 
4 Export (USD/Ton) 51,75 60,81 ‐15%
3
2
1
0 Domestic (IDR/Ton) 649.658 654.192 ‐0,7%
Coal Type by Quality
CV TM IM Ash VM FC TS max Ash Fusion Temperatures (oC)
Coal Brand Deforma‐ Hemi‐ HGI
Kcal/Kg, adb Kcal/Kg,ar %,ar %,adb %,ar %,ar %,ar %,adb Spherical Flow
tion sphere
IPC 53 5,300 ‐ 34 15 8 39 40 0.5 ‐ ‐ ‐ ‐ ‐
BUKITASAM – 45 5,464 4,500 30 15 6 35 29 1.0 1216 1246 1384 1413 52
BUKITASAM – 50 6,111 5,000 28 12 6 35 31 1.0 1323 1379 1381 1398 55
BUKITASAM – 55 6,513 5,500 24 10 6 34 36 1.0 1308 1374 1388 1409 54
BUKITASAM – 64 7,070 6,400 14 5 6 34 46 1.2 1466 1488 1491 1493 60
*HGI : Hardgrove Grindability Index

9M16 Sales Breakdown by Quality 9M16 Sales Breakdown by Country

France, 
Srilanka, 4.6% India, 1.2% 0.8%

Japan, 6.8%

Malaysia, 
8.2%

Domestic 60,6%
Taiwan, 
17.8%
Gross Profit Margin Operating Profit Margin Net Profit Margin
28 24,3
17
12,3 14
10,5

9M15 9M16 9M15 9M16 9M15 9M16

50
46
44

35
31 30 30 31
29 29
25 25
19 18
16 16
14 15

2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015
 24.22
19.90
17.58 18.48

6.22

YZC ACIIQ BYAN BTU SCC COAL IN 1088 HK ITMG HRUM ADRO GLEN LN RIO AU BHP AU BUMI PTBA 2.66

YZC          :Yanzhou Coal Mining                                 GLEN LN: Glencore PLC.(London)

ACI  : Arch Coal Inc. – USA (NYSE)  SCC PM: Semirara Mining and Power co – PHP
COAL IN  : Coal India Ltd –INR                                   1080 HK: China Shenhua Energy – CO‐H
ADRO   : PT Adaro Energi – IDX  HRUM    : PT Harum Energi – IDX 
BRAU : PT Berau coal – IDX   ITMG    : PT Indo Tambangraya Megah – IDX
BTU  : Peabody Energy Corp. – USA  (NYSE)   PTBA   : PT Bukit Asam – IDX 
BYAN      : PT Bayan Resources – IDX                        RIO AU : Rio Tinto LTD. ( Australia)
BHP AU   : Billiton LTD  (Australia)

GPM OPM NPM

Source: Bloomberg, Desember 1st, 2016
Assessment to PTBA with RATING “A” for performance and going concern on perspective  of 
ENVIRONMENTAL, SOCIAL AND GOVERNANCE by Morgan Stanley Capital International (MSCI)
PT Bukit Asam (Persero) Tbk was ranked first as the world’s best company in emissions and B3 waste 
management
Source: Morgan Stanley Capital International (MSCI) 2015
 Double Tracks

Single Track with Crossing Sections

Tanjung Enim Mine with Kertapati

the installed production
capacity of 25 Mtpa
Barging Port

Tanjung Enim
Muara Enim

Lahat Prabumulih

Railway (Upgraded)
- Capacity : up to 22.7 M tpa
- TE – Kertapati : 160.9 Km
- TE – Tarahan : 409.5 Km Baturaja
- Expect. COD : 2015

Railway Project (New) - BATR (The proposed

- Capacity : 25.0 M tpa railway)
- Distance : 280 Km
- Expect. COD : 2019

Tarahan
Tarahan Port is the largest (The proposed Coal Terminal
Coal Terminal on Sumatera since it can port)
accomodate “Capesize” bulkcarrier
vessels of upto 210,000DWT. It is fully
owned and operated by PTBA
600-1200MW Power Plant
2x350 MW Power Plant
- Location : Peranap Riau
- Location : Kuala Tanjung
- Coal Cons. : 8.4 M tpa
- Coal Cons. : 4,5 M tpa
- COD : 2020
- COD : 2020

3x600MW Sumsel 9&10 PP 2x40 MW Power Plant

- Location : Muara Enim - Location : Halmahera timur
- Coal Cons. : 8.4 M tpa - Coal Cons. : 0,35 tpa
- COD : 2019 - COD : 2020

2x620MW Power Plant

- Location : Central Banko
- Coal Cons. : 5.4 M tpa
- COD : 2019

2x110MW Power Plant

- Location : Banjarsari
- Coal Cons. : 1.4 M tpa
- COD : 2Q 2015

3x10MW Power Plant

- Usage : Internal Mine Sites
- Coal Cons. : 0.15 M tpa
- In Operation since Oct 2012

2x8MW Power Plant Peranap

- Usage : Internal Port Sites Riau
- Coal Cons. : 0.10 M tpa
- In Operation since Dec 2013 Palembang
Tanjung Enim

Tarahan

Tender/Cooperation Process
Projects in Operation
P Project Status
Upgraded Existing • Tanjung Enim – Tarahan Port  (410km), TE – Kertapati Port (161km)
Railway Line • 100% owned & operated by State Railway Company, PT KAI
• Capacity of 75 Mtpa

BATR – Newly  • Tanjung Enim – New Coal Terminal in Lampung (280km)

Developed Railway  • PTBA (10%), Rajawali Asia Resources (80%), China Railway EC (10%)
(Bukit Asam  • Investment of USD2 Bn, EPC Contract of USD1.3 Bn
Transpacific Railway) • 18 Nov 2011, Frame Work Agreement funding with China Bank Consortium was signed.
• Currently in finalization for mining JV Restructuring
• Project will reach its peak capacity of 25 Mtpa in 4 years
Coal Bed Methane  • Located in Tanjung Enim Mine
(CBM) • Cost Recovery Project between PTBA (27.5%), Pertamina (27.5%), Dart Energy Australia 
(45%)
• ±40 MMSCF (Million Standard Cubic Feet per Day, with potential reserve of 0.8 Trillion 
Cubic Feet (TCF)
• Investment of USD14.48 Mn (for the first three years)
• Commercial Operating Date scheduled in 2019
Coal Gasification • Located in Tanjung Enim Mine
• Investment of USD 221 Mn
• Capacity of 2600 ton/day of Urea‐based fertilizer
• Coal consumption: 1.5 Mtpa
• Currently in the process of the FS
The Plant
2x110MW Banjarsari Power Plant
Status
• PTBA (59.75%), PJB (29.15%), NII (11.10%)
• Investment of USD350 Mn
• Coal Consumption: 1.4 M tpa
• In operation since June 2015

2x620MW Banko Tengah (Sumsel  • PTBA (45%), China Huadian Hong Kong Company Ltd (55%)

8) Power Plant • Investment of USD1.6 Bn
• Coal Consumption: 5.4 Mtpa
• Facility Loan Agreement of US$1.2 Bn has been signed with Cexim in March 2015
• Financial Closing to be finalised in 2H16
• Groundbreaking  in 2015
• Commercial Operating Date scheduled in 2019

600‐1200MW Peranap Power  • PTBA (Majority in Mining), PLN (Majority in Power Plant), TNB (Majority in Transmission)
Plant • Investment of USD2.4 Bn
• Coal Consumption: up to 8.4 M tpa
• Currently in the process of preparation for the FS of power plant & transmission
• Commercial Operating Date: 2022

3x600MW Sumsel 9&10 Power  • Located at Tanjung Enim Mine

Plant • Investment of USD 1.1 Bn
• Coal consumption: 8.4 Mtpa
• Commercial Operating Date: 2021
 Supporting National Energy Policy
 Having A Total Long Term Coal Supply with: Committed Volume
o National Power Company\PLN (2010 – 2030) : 262 Mt
o Indonesia Power (2013 – 2022) : 52 Mt
o Huadian Bukit Asam Power\Power Plant (25 Years) : 150 Mt
o Bukit Pembangkit Innovative\Power Plant (30 Years) : 36 Mt
o Indonesia Fertilizer (30 Years) : 69 Mt
o Cilacap Power Plant (4 Years) : 5 Mt
Total : 574 Mt

 Supporting Power Plants Projects Development for: Coal Consumption

o 3x10MW Power Plant, Muara Enim (In Operation) : 0.15 Mtpa
o 2x8MW Power Plant, Lampung (In Operation) : 0.10 Mtpa
o 2x110MW Banjarsari Power Plant (In Operation) : 1.40 Mtpa
o 2x610MW Banko Tengah Power Plant (In Progress) : 5.40 Mtpa
o 800 – 1200MW Peranap (In Process) : 8.40 Mtpa
o 1800MW Sumsel 9-10 Power Plants (In Bidding Process) : 8.10 Mtpa
• Coverage: 43 Ha
• Throughput: 25 Mtpa
• Capacity of Berths:
 Shiploader#2 210,000DWT
 Shiploader#1 80,000DWT
 Bargeloader 10,000DWT
• Supporting Facilities:
 Total Stockpiles: 0.9 Million ton
 2x8MW Coal Fired Power Plant
 Train Unloading System with 4 (Four) RCDs (Rotary Car Dumper)
 10,000DWT Barge Unloading
• Certified by ISPS Code
 PTBA operates a fully integrated
large coal mining in Tanjung Enim The Indonesian
( South Sumatera), Ombilin (West
Sumatera), Peranap (Riau), and
PTBA Government owns
65% of Total
East Kalimantan with Total Shares
Resources & Reserves are 8.27
billion tons and 3.33 billion tons
The Subsidiaries: respectively

• Bukit Kendi (75%), • Bukit Asam Prima • Bukit Pembangkit • Bukit Asam • Bukit Asam Metana • Bukit Multi
coal mining, South (99.99%) Innovative (59.75%) Transpacific Railway Enim (99.99%) Investama
Sumatera • Huadian Bukit Asam (10%) • Bukit Asam Metana (99,86%)
• International Prima Power (45%) Ombilin (99.99%) • Bukit Energi
Coal (51%), East • Bukit Asam Metana Investama
Kalimantan Peranap (99.99%) (99,28%)
• Bukit Asam Banko
(65%), South
Sumatera
Bukit Prima
Bahari Bumi
Sawindo
Pelabuhan Permai
Bukit Prima
Satria
Anthrakas Bahana
Sarana
Panajam Bukit Asam
Internasional Medika
Internasional Terminal
Prima Cemerlang
Tabalong Prima Resources
Bukit
Mitra Hasrat Bersama
Energi
Service
Terpadu
 The Top Forty Shareholders as of
Oct 31st, 2016
NO. URUT NAMA INVESTOR JUMLAH PERCENTAGE

1 TAMBANG BATU BARA BUKIT ASAM (PERSERO), Tbk PT 196,056,700.00 8.51

2 BPJS Ketenagakerjaan‐JHT 53,376,000.00 2.32
Foreign,  Treasury 
3 PT Taspen (Persero) ‐ THT 35,516,000.00 1.54 10.51% Stock, 8.51%
4 PT. PRUDENTIAL LIFE ASSURANCE ‐ REF 22,953,900.00 1
Domestic, 
5 BBH BOSTON S/A VANGRD EMG MKTS STK INFD 14,277,925.00 0.62
6 BPJS KETENAGAKERJAAN ‐ JKK 10,888,000.00 0.47 15.96%
7 PAMAPERSADA NUSANTARA, PT 9,000,000.00 0.39
8 JPMCB‐VANGUARD TOTAL INTERNTNL STOCK INDEX FUND ‐2157804327 8,898,069.00 0.39
9 BPJS KETENAGAKERJAAN ‐ BPJS 8,529,900.00 0.37
10 BNP PARIBAS ARBITRAGE SNC 8,389,721.00 0.36
11 PT. PRUDENTIAL LIFE ASSURANCE ‐ SEF 8,382,100.00 0.36
12 PT AIA FINL ‐ UL EQUITY 8,298,000.00 0.36 Government, 
13
CITIBANK NEW YORK S/A EMERGING MARKETS CORE EQUITY PORTFOLIO OF DFA INV 
DIMENSIONS GRP INC. 7,321,400.00 0.32
65.02%
14 PT. Lhasa Capital Management 6,365,000.00 0.28
15 REKSA DANA SAM INDONESIAN EQUITY FUND ‐ 846654000 6,172,000.00 0.27
CITIBANK NEW YORK S/A THE EMERGING MARKETS SMALL CAP SERIES OF THE DFA 
16 INVESTMENT TRUST COMPANY 5,646,500.00 0.25
17 ASURANSI JIWA MANULIFE INDONESIA, PT‐49454000 5,439,200.00 0.24
18 PT. PRUDENTIAL LIFE ASSURANCE ‐ REP 5,072,600.00 0.22
19 REKSA DANA ASHMORE DANA PROGRESIF NUSANTARA 4,821,000.00 0.21
20 PT AIA FINL ‐ SYARIAH EQ 4,248,100.00 0.18
21 PT AXA MANDIRI FINANCIAL SERVICES S/A MANDIRI DINAMIC MONEY Rp 4,155,200.00 0.18
22 Reksadana Dana Ekuitas Andalan 4,063,600.00 0.18
23 RBC IST AC  RBC EMERGING MARKETS DIVIDEND FUND 3,965,595.00 0.17
24 CITIBANK LONDON S/A STICHTING PGGM DEPOSITARY 3,779,700.00 0.16
70% 60% 1000
25 BNYMSANV RE BNYM RE MKT VCTRS COAL XCHNG‐TRADEDFD‐2039844230 3,771,000.00 0.16 60% 55% 55%
26 REKSA DANA BNP PARIBAS INFRASTRUKTUR PLUS 3,627,200.00 0.16 60%
50% 800
27 SSB 0BGF S/A ISHARES MSCI INDONESIA ETF‐2144610463 3,563,850.00 0.15 50% 45% 803.56
28 RD BNP PARIBAS EKUITAS ‐ 897634000 3,550,400.00 0.15
40% 533.4 35% 600
29 DEUTSCHE BK AG LONDON‐2018304002 3,511,034.00 0.15
720.75
30 RD PREMIER ETF INDO STATE‐ OWNED COMPANIES‐889064000 3,447,200.00 0.15 30% 30% 400
31 CITIBANK NEW YORK S/A DIMENSIONAL EMERGING MARKETS VALUE FUND 3,440,700.00 0.15 523.12
20% 371.05 289.73
32 REKSA DANA MANDIRI SAHAM ATRAKTIF 3,432,500.00 0.15 Dividend Payout Ratio 200
33 UBS AG LONDON‐2140724000 3,401,247.00 0.15 10% 461.97
324.57
34 BPJS KETENAGAKERJAAN ‐ JK 3,372,100.00 0.15
0%
Dividend per share (IDR) 0
35 SSB C021 ACF COLLEGE RETIREMENT EQUITIES FUND ‐2144607801 3,052,780.00 0.13
36 REKSA DANA DANAREKSA MAWAR KONSUMER 10 3,028,800.00 0.13 2008 2009 2010 2011 2012 2013 2014 2015
37 SSB 2Q27 S/A ISHARES CORE MSCI EMERGING MARKETS ETF‐2144613424 2,936,600.00 0.13
38 AVRIST ‐ LINK AGGRESSIVE (EQ) IDR FUND 2,924,200.00 0.13
39 MORGAN STANLEY & CO INTL PLC ‐ IPB CLIENT ACCOUNT 2,698,600.00 0.12
40 SSB WTAU S/A WISDOMTREE EMERGING MRKTS  SC DIV FUND‐2144614648 2,577,000.00 0.11
 19.1 
19.3  JCI JAKMINE PTBA
17.8 18.0 
6000 30000
Sales Production 16.4 
15.3 15.1  5000 25000
13.4 13.9 
12.9 4000 20000
12.7 12.4 12.9 
12.5 
11.6 
10.0  10.8 10.8  3000 15000
9.5 9.9 9.6 9.9
9.5  9.8
9.5  9.2  9.2  2000 10000
9.1 

1000 5000

0 0
20022003200420052006200720082009201020112012201320142015

13.73 
13.10 

11.59 
11.20 
10.58 

Revenues Net Income 8.94 

7.90 
7.21 

4.12 
3.53 
2.99  2.72  3.08  2.90 
2.61  2.04 
2.16  2.28  2.00  1.82  1.86 
1.70 
0.72 
0.17  0.21  0.41  0.46  0.48 

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
 In Million Ton

PT IPC
120 120
PT BAP

CAT HTR / IER
100 100
Gasifikasi PUSRI

PLTU LN
80 Anak Perusahaan 80
PLTU Pertalian

Tambang Akuisisi PLTU Sumsel 9/10

60 Konsumsi PLTU LN 60 PLTU Sumsel 8

Peranap PLTU Banjarsari II

40 Banteng B 40 PLTU Banjarsari I

Banteng A PLTU Bukit Asam & Semen
Baturaja

20 UPTE Eksisting 20 KAI Eksisting

KAI TE‐Prajen

BATR
0
0
2016 2017 2018 2019 2020 2021 2022 2023 2024 Akuisisi Tambang
2016 2017 2018 2019 2020 2021 2022 2023 2024
160
In Million Ton
140

120

100

80

60

40

20

0
7‐Jan‐11
2‐Feb‐11
4‐Mar‐11
1‐Apr‐11
29‐Apr‐11
27‐Mei‐11
24‐Juni 11
22‐Jul‐11
19‐Aug‐11
16‐Sep‐11
14‐Oct‐11
11‐Nov‐11
9‐Dec‐11
13‐Jan‐12
10‐Feb‐12
09‐Mar‐12
5‐Apr‐12
04‐May‐12
01‐Jun‐12
29‐Jun‐12
27‐Jul‐12
24‐Aug‐12
21‐Sep‐12
19‐Oct‐12
16‐Nov‐12
14‐Dec‐12
11‐Jan‐13
8‐Feb‐13
8‐Mar‐13
5‐Apr‐13
3‐May‐13
31‐May‐13
28‐Jun‐13
26‐Jul‐13
23‐Aug‐13
20‐Sep‐13
18‐Oct‐13
15‐Nov‐13
13‐Dec‐13
10‐Jan‐14
7‐Feb‐14
7‐Mar‐14
4‐Apr‐14
2‐May‐14
30‐May‐14
27‐Jun‐14
25‐Jul‐14
22‐Aug‐14
19‐Sep‐14
17‐Oct‐14
14‐Nov‐14
12‐Dec‐14
2‐Jan‐15
30‐Jan‐15
27‐Feb‐15
27‐Mar‐15
24‐Apr‐15
22‐May‐15
19‐Jun‐15
16‐Jul‐15
14‐Aug‐15
11‐Sep‐15
9‐Oct‐15
6‐Nov‐15
4‐Dec‐15
30‐Dec‐15
29‐Jan‐16
26‐Feb‐16
24‐Mar‐16
22‐Apr‐16
20‐May‐16
17‐Jun‐16
15‐Jul‐16
12‐Aug‐16
9‐Sep‐16
7‐Oct‐16
Global Index on 30 August 2013 = USD 76.60 Global Index on 30 Oct 2015 = USD 54.52
ICI 6.500 GAR on 30 August 2013 = USD 79.02 ICI 6.500 GAR on 30 Oct 2015 = USD 59.5
ICI 5.800 GAR on 30 August 2013 = USD 69.72 ICI 5.800 GAR on 30 Oct 2015 = USD 48.55
ICI 5.000 GAR on 30 August 2013 = USD 58.03 Global Index on 30 August 2014 = USD 76.89 ICI 5.000 GAR on 30 Oct 2015 = USD 38.37
ICI 4.200 GAR on 30 August 2013 = USD 41.82 ICI 6.500 GAR on 30 August 2014 = USD 73.31 ICI 4.200 GAR on 30 Oct 2015 = USD 26.53
ICI 5.800 GAR on 30 August 2014 = USD 63.42
ICI 5.000 GAR on 30 August 2014 = USD 50.79
ICI 4.200 GAR on 30 August 2014 = USD 37.02
Global Index on 30 Oct 2016 = USD 117.15
ICI 6.500 GAR on 30 Oct 2016 = USD 96.37
ICI 5.800 GAR on 30 Oct 2016 = USD 84.34

Rising of Global Index Oct 2015- Oct 2016 = 115%

ICI 5.000 GAR on 30 Oct 2016 = USD 67.55
ICI 4.200 GAR on 30 Oct 2016 = USD 43.82
 Disclaimer:
This presentation contains forward-looking statements based on assumptions and forecasts made by PT Bukit Asam
(Persero) Tbk management. Statements that are not historical facts, including statements about our beliefs and
expectations, are forward-looking statements. These statements are based on current plans, estimates and projections,
and speak only as of the date they are made. We undertake no obligation to update any of them in light of new
information or future events.
These forward-looking statements involve inherent risks and are subject to a number of uncertainties, including trends
in demand and prices for coal generally and for our products in particular, the success of our mining activities, both alone
and with our partners, the changes in coal industry regulation, the availability of funds for planned expansion efforts, as
well as other factors. We caution you that these and a number of other known and unknown risks, uncertainties and
other factors could cause actual future results or outcomes to differ materially from those expressed in any forward-
looking statement.

Palembang

Tanjung Enim

Lampung

For More Information:

Contact :  Mr Nicko Albart
Position : Head of Investor Relations
Address :  PT Bukit Asam (Persero) Tbk
Menara Kadin, 15th Foor, 
Jl. Rasuna Said, Blok X‐5  Kav. 2 & 3, 
Jakarta 12950,  Indonesia
Telephone :  +62 21 5254014
Facsimile :  +62 21 5254002
E‐mail           :  nalbart@bukitasam.co.id
Website :  www.ptba.co.id