Adaro Energy: Key shareholders restructure into single entity

(Jakarta, July 23rd, 2009) ? PT Adaro Energy Tbk announces that the key shareholders intends to restructure some of their holdings of stock of PT Adaro Energy Tbk into a single entity, called PT Adaro Strategic Investments (?ASI?), which directly owns 43.91% shares of the Company. The key shareholders have not reduced nor increased their interest in PT Adaro Energy Tbk.

The shares crossing, is scheduled to take place today during the second trading session via the Indonesian Stock Exchange, consolidates the ownership of the five key shareholders, namely the Rachmat family, the Thohir family, the Subianto family, Mr. Edwin Soeryadjaya and Mr. Sandiaga Salahuddin Uno. The move is made to further increase the efficiency and cohesiveness of decision making and to strengthen the continuity and commitment of these key shareholders to create a bigger and better Adaro.

In a similar move last year, Adaro was listed on the Indonesian Stock Exchange in part to simplify the corporate structure and consolidate control of the Adaro Group of companies.(end of release)