Release: Antam monthly exploration report for January 2012

(Jakarta, February 13, 2012)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for January 2012 as in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities were focused on nickel, gold, and bauxite in January 2012, with total preliminary cost of Rp7.9 billion.

NICKEL
Nickel exploration activities were conducted in Buli, North Maluku; Lasolo, Lalindu, Mandiodo, and Tapunopaka, Southeast Sulawesi; and Pulau Gag, West Papua.

In general, Antam conducted grid measurement, topography measurement, drilling, core logging, and sampling during its nickel exploration activities.

Antam spent Rp2.7 billion on nickel exploration activities in January 2012.

GOLD
Antam conducted gold exploration activities at West Java, Banten, Jambi, West Sulawesi, and Papua. Antam spent Rp4.9 billion in January 2012 for gold exploration activities.

Exploration activities at Pongkor included, among others, detailed geological mapping (DGM), core logging, detailed mapping structure, drilling as well as geological evaluation and modeling. Antam conducted drilling, core logging, and semi detailed geological mapping (SDGM) at Papa ndayan.

At Cibaliung, Antam conducted DGM, SDGM, and sampling activities.

Meanwhile, at Batangasai, iambi, Antam performed DGM, rock, core and soil sampling as well as core logging.

At Mao, Batuisi and Karosa, West Sulawesi, Antam conducted DGM, rock sampling, track measurement, and geodetic GPOS measurement.

Antam conducted regional geological mapping (RGM), SDGM, and DGM at Oksibil, Papua.

BAUXITE
Antam conducted bauxite exploration activities at Mempawah, Landak, Tayan, and Munggu Pasir, West Kalimantan. Total exploration activities for bauxite amounted to Rp306.9 million in January 2012.

Antam performed grid measurement, test pitting, and sampling as part of its bauxite exploration activities. (end of release)