Apexindo?s fleet update: Jan 2008

The following is an update of the operational activities of PT Apexindo Pratama Duta Tbk as of January 31, 2008.

Onshore Rig

Rig 2: Working for PT Mecico E&P Indonesia. Activity: preparing rig mobilization from

South Sembakung, East Kalimantan to designated drilling, location at Nuansa, South Sumatra.

Rig 4: Working for Chevron Geothermal Salak Ltd. at Gunung Salak, West Java. Activity: drilling.

Rig 5: Preparation of rig mobilization for VICO Indonesia at Nilam, East Kalimantan. Activity: rig up.

Rig 8: Working for EMP Kengean at Sepenjang, East Java. Activity: drilling.

Rig 9: Working for VICO Indonesia at Nilam, East Kalimantan. Activity: drilling.

Rig 10: Working for WCO Indonesia at Nilam, East Kalimantan. Activity: drilling.

Rig 14:Activity stack in Badak Yarn

Rig 15:Activity: stack in Kaji, South Sumatra.

Offshore Rig

Maera 101: Working for Total E&P lndonesle at Handil, East Kalimantan. Activity: drilling.

Raissa 103: Working for Total E&P Indonesia at Tunu Field, East Kalimantan. Activity: drilling.

Yani 104: Working for Total E&P Indonesia at Tunu Field, East Kalimantan. Activity: drilling.

Rani Woro 201:Working for Santos (Sampang) Pty. Ltd. Activity: drilling.

Soehanah: Working for Total E&P Indonesie at Sisi and Nubi field, East Kalimantan. Activity: drilling. (end)