Public ExposePT ABM Investama Tbk

This presentation has been prepared by PT ABM Investama Tbk (“ABMM” or the"Company") solely for general information. This presentation is for informationalpurposes only and does not constitute and should not be construed as, an offerto sell or issue, or invitation to purchase or subscribe for or the solicitation of anoffer to buy, acquire or subscribe for, any securities of the Company or any of itssubsidiaries, joint ventures or affiliates in any jurisdiction or an inducement toenter into investment activity. You will be solely responsible for your ownassessment of the market and the market position of the Company and that youwill conduct your own analysis and be solely responsible for forming your ownview of the potential future performance of the Company’s business.

Disclaimer

Financial Data 01.

Operation Performance 02.Economic Condition 03.

-9.5% Revenue 2015

-19% Cost 2015

66% Net Income 2015

15% Coal Production 2015

28% Overburden Removal 2015

-26% Power production 2015

-26% Coal Price 2015

35.000 MW Government Projects

Highlights

2015

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Corporate Overview Outlook

Operations Review

FinancialReview

COALMINING

ABM listed all of its issued shares on the Indonesian Stock Exchangeon December 6, 2011 with “ABMM” as its stock code

ABM currently has five business activities:

ABM at a Glance

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ENGINEERING SERVICES

INTEGRATED LOGISTICS

POWERSOLUTIONS

MININGCONTRACTOR

ABM at a Glance

7.334 number of employees3 branches 2 provinces

11 Mining Projects3 Construction Projects6 Provinces

44 branches 20 Provinces

6 branches

8 Provinces

90 Projects 22 Provinces

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27 Provinces

675heavy equipment

ABM at a Glance

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157 unitTruck

15 unitVessel

3 MineIUPs

1,157 MWelectricity capacity

41 mn KgDelivery of goods

131 mn BCMOverburden Removal

17,5 mntonnes

Coal Getting

Business partnerPT ABM Investama Tbk

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ABM at a Glance: Revenue contribution 2015

CK39%

SSB7%

SS15%

Reswara25%

CKB14%

Revenue Contribution2015

Revenue from coal segment

85%

Revenue from Power segment

15%

ABM Today

1. The world economy experienced a down turn due to low purchasing power in European countries, China and Japan.

2. Impact the decline of commodities including coal

Coal prices

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95.6

128.5

48.5

0.0

60.0

120.0

180.0

Q1'10 Q4'10 Q4'11 Q4'12 Q4'13 Q4'14 Q4'15

Coal (Newcastle)

Fact : 2005-2015China Economic Growth

0.0%

5.0%

10.0%

15.0%

China's GDP

1. China consumes nearly 50% of the coal worldwide.

2. The demand of imported coal in China dropped by almost a quarter in 2014, as China's economic growth declined

3. Coal is still being the energy-option, as the price is relatively low-cost.

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Corporate Overview

Outlook

Operations Review

FinancialReview

Revenue, EBITDA, Profit (Loss)2014 vs. 2015

723.6

654.6

0

150

300

450

600

750

2014 2015

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Revenue(In USD mn)

107.5134.8

-10

40

90

140

2014 2015

EBITDA(In USD mn)

Profit (Loss)(In USD mn)

-112.9

-38.1-140-100-60-20

2014 2015

Assets, Liabilities and Equity2014 vs. 2015

1,132.7 1,189.8

-

150.0

300.0

450.0

600.0

750.0

900.0

1,050.0

1,200.0

2014 2015

203.5

173.6

150

180

210

2014 2015

929.2

1016.3

0

150

300

450

600

750

900

1050

1200

2014 2015

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Assets(In USD mn)

Liabilities(In USD mn)

Equity(In USD mn)

Cash flow2014 vs. 2015

111.9

189.9

0

20

40

60

80

100

120

140

160

180

200

2014 2015

91.4

131.2

0

20

40

60

80

100

120

140

2014 2015

4.3

45.2

0

20

40

60

2014 2015

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Cash Flow From Operating(In USD mn)

Cash Flow for Investing(In USD mn)

Cash Flow For Financing(In USD mn)

Corporate Overview Outlook

Operations Review

FinancialReview

OPERATIONAL REVIEW

Coal Mining

Coal Production Volumegroup Reswara(mn tonnes)

Coal Performance

5.9

6.8

0

1

2

3

4

5

6

7

2014 2015

Overburden Removal(mn BCM)

Coal Getting(mn tonnes)

100.0

118.0

130.0

89.2

102.5

131.1

-

20.0

40.0

60.0

80.0

100.0

120.0

140.0

2010 2011 2012 2013 2014 2015

8.3

10.6 11.9 12.4

15.2

17.5

-

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

2010 2011 2012 2013 2014 2015

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OPERATIONAL REVIEW

Power Solutions

Power Performance

Average Rental Price(IDR/kWh)

5,019

3,680

-

1,000

2,000

3,000

4,000

5,000

6,000

2014 2015

291

344

260

270

280

290

300

310

320

330

340

350

2014 2015

Electricity production(bn kWh)

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Corporate Overview Outlook

Operations Review

FinancialReview

Energy Mix

2011 2025

Oil 50% 23%Coal 24% 30%Gas 20% 20%Renewable Energy 6% 26%

Metalurgi, 4.6 Pupuk, 11.07

Semen, 13.2Tekstil, 3.02

Kertas, 0.88

Briket, 0.03PLTU, 119

Domestic Demand 2019(In mn tonnes)

Coal in Indonesia

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Source: Indonesian Coal Mining Association (APBI) and the Ministry of Energy and Mineral Resources (ESDM)

0

100

200

300

400

500

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016F 2019F

Production, Export and Consumption of Coal in Indonesia(In mn tonnes)

Production Export Domestic

Increase Demand for Coal

0

200

400

600

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Other Diesel Gas Coal

Electricity generation by fuel source(in TWh)

Sumber: Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2015

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Coal News

“Stok Batu Bara Tak Mencukupi PembangkitListrik 20 GW”Kejatuhan harga batu bara memaksa sebagian perusahaantambang memangkas produksinya

“Batubara Diprediksi Akan Habis 2033, Proyek35 GW Terancam”

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Coal& Minerals Asia Magazine

“Insecure Coal Supply for Power Plant Projects”

“Proyek listrik 35 GW akan meningkatkanpenyerapan batubara didalam negeri”

Pursue operational excellent and transforming into a leading energy Company that manages a diversified and balanced business portfolio for the long term value creation

ABM 2020 : Balanced Business Portfolio

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depan, dengan bertransformasi menjadi

Outlook ABM 2020

Capital Expenditure

Source Capex§ Partnership§ Private Placement§ Bank

Capex Focus§ Power Solutions:

Investment in IPP projects§ Contractor Mine:

New projects in the sector mine

Project IPP 20201750 MW(Coal=1506 MW; Gas=654MW; renewable=61MW)

“ABM Supports Government’s Program of 35.000 MW”

US$2.6 bn

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Thank You

48.5

42.439.1

37.1

29.8

39.236.4

32.7

28.8

24.3

0.0

10.0

20.0

30.0

40.0

50.0

60.0

2011 2012 2013 2014 2015

TIA 2011 -2015

ASP

Cash Cost

TIA Operations

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