Release: Antam monthly exploration report for Nov. 2009

(Jakarta 11 December 2009)--PT Antam Tbk is pleased to lodge November Exploration Report in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities focused on nickel, gold, bauxite and coal. Total exploration cost on above commodities in November 2009 amounted to Rp9.5 billion (preliminary figures).

NICKEL
Antam conducted nickel exploration at North Maluku, Southeast Sulawesi and Gag Island of West Papua.

Antam conducted exploration activities at Buli-North Maluku including drilling, logging core, core sampling, grid, topography, SG and MC measurement.

Exploration activities in Southeast Sulawesi included drilling, logging core, core sampling, mapping, grid measurement, topography measurement and georadar at Mandiodo, Lasolo and South Lalindu.

Antam conducted exploration activities at Gag Island-West Papua included drilling, logging core, core sampling, track and drilling spot measurement.

Total nickel exploration cost reached Rp3.7 billion.

GOLD
Antam conducted gold exploration at Batangasai-Jambi, Pongkor and Papandayan-West Java, Cibaliung-Banten, Ajibarang-Central Java, Wowoni-Southeast Sulawesi, Mao Batuisi-West Sulawesi and Oksibil-Papua.

Exploration activities at Batangasai-Jambi included Detailed Geological Mapping (DGM), hand auger, opening, collected samples of soil, rocks, petro/mineragraphy, XRD and FI, conducted outcrop and drilling spot measurement and IP geophysics.

Exploration activities at Java Island were conducted at several areas. At Pongkor-West Java, Antam performed DGM, logging core, hand auger, collected samples of soil, core, rock, petrography/ mineragraphy and XRD, drilling, drilling track measurement and geophysics. At Papandayan-West Java, Antam conducted DGM, opening, drilling, logging core, collected samples of rocks, core, Fi and XRD, conducted track measurement and magnetic geophysics. At Cibaliung Banten, Antam conducted DGM, opening, collected samples of rocks, Fi, core XRD and pet/min, drilled logging, drilling, geophysics track measurement, outcrop measurement, IP geophysics and CSAMT geophysics. Antam also conducted DGM, opening, collected samples of rock, SS, Fi and pet/min and magnetic geophysics at Ajibarang-Central Java.

At Wowoni - Southeast Sulawesi, Antam conducted DGM, opening, drilling, logging core and collected rocks, Fi, XRD and pet/min while at Mao Batuisi - West Sulawesi, Antam conducted DGM, opening, collected samples of rock and Fi, logging, drilling, track measurement, polygon measurement, river measurement and drilling profile measurement.

Antam conducted initial exploration at Oksibil, Bintang Mountains - Papua including Semi Detailed Geological Mapping (SDGM), Regional Geological Mapping (RGM), stream sediment and rock sampling.

Total gold exploration cost reached Rp4.1 billion.

BAUXITE
Antam conducted bauxite exploration at Mempawah, Landak, Tayan and Munggu Pasir of West Kalimantan. Exploration activities at Mempawah and Landak included 50 m grid, topography measurement, 50 m and 400 m test pitting and sampling.

Antam conducted grid measurement, polygon measurement, test pitting and sampling at Tayan while at Munggu Pasir, Antam conducted grid measurement, topography measurement, 50 m and 25 m test pitting and sampling.

Total bauxite exploration cost reached Rp1.5 billion.

COAL
Antam conducted RGM, SDGM, track measurement, core sampling, georadar, geophysics resistivity and drilling at Mura Tebo of Jambi at a cost of Rp240.2 million. (end of release)