Release: Antam monthly exploration report for Jan 2008

Jakarta, 12 February 2008--PT Antam Tbk is pleased to lodge the January Exploration Report in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities focused primarily on nickel, gold, bauxite and other minerals.

Total exploration cost on January 2008 amounted to Rp4.8 billion (preliminary figures).

NICKEL EXPLORATION
Antam conducted nickel exploration at Bull and Obi Island of Halmahera and Southeast Sulawesi.

Antam conducted nickel exploration at Buli of Halmahera including Sangaji area with 25 m spacing drilling while at PB area with 50 m spacing drilling. Other activities were preparation, logging and sample analysis. Nickel exploration at Obi island included 50 m spacing drilling, mining pole setup, production track preparation, stock yard preparation and dam check

Antam conducted logging core, sampling and 25 m spacing drilling at Tapunopaka and Mandiodo of Southeast Sulawesi, while at Tangofa focused on logging, sampling and 25 m spacing drilling.

Total nickel exploration cost reached Rp3.3 billion.

GOLD EXPLORATION
Antam conducted gold exploration at Pongkor and Papandayan-Garut of West Java, Gembes of East Java, Batangasai of Jambi and Mao Mamuju of West Sulawesi.

Exploration activities at Pongkor included Detailed Geological Mapping (DGM), drilling, logging, sampling, Fl and PET sampling, track measurement and analysis. Intensive drilling conducted at Kubang Cicau, Kubang Cicau Selatan and Ciguha Tirnur. Antam also conducted drill testing at Malasari. Exploration activities at Papandayan - Garut, included structure mapping at Cilayu area, track measurement and drilling preparation at Ciakar area.

Antam conducted exploration at Gembes of East Java included DGM, opening, drill testing, logging and core sampling, rock sampling, XRD, Fi, petro/mineragraphy, track measurement and drilling spot.

At Batangasai of iambi, exploration focused on DGM, opening, hand auger, logging, core sampling, rock sampling, soil, XRD, Fl, opening measurement and drilling.

At Mao Mamuju of West Sulawesi, Antam conducted analysis.

Total gold exploration cost reached Rpl.4 billion.

BAUXITE EXPLORATION
Antam conducted bauxite exploration at Mempawah and Landak of West Kalimantan.

Exploration activities at Mempawah and Landak of West Kalimantan Included 50 m test pitting, EDM, sampling, preparation, grid measurement, topography, polygon measurement, test pitting, sampling and preparation.

Total bauxite exploration cost reached Rp152.4 million. (end of release)