BLTA: Clarification on media reporting regarding exemption of cabotage rule

(14 March 2010, Jakarta)-- The Board of Directors of SGX and IDX Mainboard-listed PT Berlian Laju Tanker Tbk (BLTA) would like to clarify the recent inaccurate media reports regarding the implementation of Cabotage in Indonesia.

The inaccurate reports have variously suggested that the Indonesian government is proposing to exempt the oil and gas industry, the whole offshore sector or the oil

and gas tankers from the implementation of Cabotage. This is incorrect.

The offshore sector in the context of the Indonesian Shipping Regulation is divided into three categories: Category A consists of Tug boat, Mooring Boats, Utility Vessel, Security Boats, Barge, Landing Crafts, Oil Barge, Sea Truck, Crew Boat, Crane boats, Pilot Boats, Anchor boats

Category B encompasses Accomodation Barges, Anchor Handling Tugs, Anchor Handling Supply, ASD Tug boats, Platform Supply Vessel, FSO, FPSO, Crane Barge.

Category C covers Jack up rig, Semi-Submersible Rig, Drill ship, Pipe/Cable laying Ship, 3D Seismic Vessel.

The Company wishes to clarify that the proposed exemption from the implementation of Cabotage in the Shipping Regulation now under consideration will only apply to Category C of the offshore sector. None of the other Categories is being considered for exemption. No other sector is being considered for exemption.

The proposed exemption, if approved, will therefore not affect BLT?s plans for its domestic businesses. (end of edited release)