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 Investment - License
Capital Investment Coordinating Board

Jakarta 9 September 2004
Stipulation of Project


AL-Bina Contracting Est. (Saudi Arabia) PT. FelimaOrient Pacific Construction CO.
Address : Wisma Bhakti Mulya Bldg. 7thFloor, JI Kramat Raya No.160 Central Jakarta( Pusat ) 10430

Approval letter permit / license of foreign capital investment Regarding your application to obtain approval and facilities for foreign capital investment to us:
Date: 22 July 2004 and 3 September 2004 .
Sector: Crude Oil Refinery
Location: Cilacap


In accordance to foreign Investment Law Number 1 of year 1967 as amended by Law number 11 of year1970 and referring to Presidential Decree No.97of year1993 and NO.115 of year1998 and No. 117 of year 1999. We herewith inform you that the government of Republic of Indonesia gives the approval of above mentioned application with the following stipulation. Referring to Law No.5 of year 1984.

Government regulation No.13 of year 1995 Decision letter of Industrial minister No. 427/M/SK/ X/1997. And principal permit of mining an Energy Minister No. 2058/ 34/ MDJM/ 1997dated 30 May 1997, NO. 4859/39/ mdjm/1997 dated and No.2421/ 34/ mpem/1998 dated 10 July 1998 and letter from ministry of energy and mining ,issue the approval letter for Capital investment Number 613/ PMA/ 2004 , Code number of project 2320-33-16386.

Director of Refinery of Directorate General Oil and Gas Department of Mining and
Energy No. 7884/24/DMO/ 2004 dated 21July 2004. There fore this approval letter /permit /license of foreign Capital Investment Valid as a permanent license.

Head of Capital Investment Coordinating Board Deputy Capital Investment & Service Division.