Apexindo?s fleet update: May 2006

The following shall be an up date report regarding the operational activities of PT Apexindo Pratama Duta Tbk as of May 31, 2006:

Onshore Rig
Rig 2: Working for JOB Pertamina - Medco E&P Tomori Sulawesi. Activity: rig mobilization to the drilling location at Tiaka Island, Sulawesi.

Rig 4: Working for Chevron Geothermal Salak Ltd. Activity: rig mobilization to the drilling location in Gunung Salak, West Java.

Rig 5: Working for JOB Pertamina - Amerada Hess Jambi Merang. Activity: rig moving to drill the second well.

Rig 8: Received Letter of Award from EMP Kangean. Activity: rig mobilization to the designated drilling location at Kangean Island, East Java.

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

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

Rig 12: Location: Bojonegara, Banten. Idle

Rig 14: Working for JOB Pertamina - Medco Simenggaris at Sembakung Block, Madura. Activity: Rig moving to Madura.

Rig 15: Working for PT Medco E&P Indonesia at Anggana, East Kalimantan. Activity: In preparation to mobilize to the new location in Anggana, East Kalimantan.

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

Raisis 102: Working for Total E&P Indonesie at Handil, East Kalimantan. Activity: drilling.

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

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

Rani Woro 201: Working for Indago Petroleum Oman Limited at Mubarek, UAE. Activity: drilling.