Release: Antam monthly exploration report for November 2010

(Jakarta 10 December, 2010)--PT ANTAM (Persero) is pleased to lodge November Exploration Report in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities focused on nickel, gold and bauxite. Total exploration cost on above commodities in November 2010 amounted to Rp11.3 billion (preliminary figures).

NICKEL
Antam conducted nickel exploration at North Maluku and Southeast Sulawesi.

Antam continued to conduct logging core, core sampling, grid measurement, drilling activities and topography measurement at Buli-North Maluku.

Exploration activities at Southeast Sulawesi particularly Mandiodo and Lasolo area included drilling, logging core, core sampling, mapping and also measurements of grid, drilling spots, polygon, SG and MC.

Total nickel exploration cost reached Rp2.8 billion.

GOLD
Antam conducted gold exploration at Dairi and Karo-North Sumatera, Batangasai-Jambi, Pongkor and Papandayan-West Java, Cibaliung-Banten, Wawonii-Southeast Sulawesi, Mao Batuisi-West Sulawesi and Oksibil-Papua.

Exploration activities at Dairi and Karo-North Sumatera included Semi Detailed Geological Mapping (SDGM), Detailed Geological Mapping (DGM), opening, and also took samples of rock, soil, FI, petrography/ mineragraphy and XRD.

Exploration activities at Batangasai-Jambi included DGM, opening, collected samples of rocks, core, petrography/mineragraphy, FI, outcrop measurement, logging core, structure measurement, track measurement and drilling activities.

Exploration activities at Java were conducted at several areas. At Pongkor-West Java, Antam performed DGM, logging core, collected samples of core, XRD, rocks, FI and petro/ mineragraphy, conducted drilling, structure data processing, measurements of drilling tracks and geohysics and also conducted evaluationa and geological modelling. At Papandayan-West Java, Antam conducted DGM, SDGM, opening, drilling, logging core, collected samples of rocks, core, Fi, XRD, pet/mm and also conducted outcrop and drilling spot measurements. At Cibaliung-Banten, Antam conducted logging core, samples of core, Fi, petro/ mineragraphy and XRD, conducted core drilling description, drilling activities, IP geophysics and geophysics track measurement.

At Wawonii?Southeast Sulawesi, Antam conducted exploration activities including SDGM, DGM, opening and collected samples of rocks, FI, XRD and pan concentrate.

Antam conducted SDGM, DGM, collected rocks, core, Fi, XRD and pet/mm and also conducted logging core and drilling at Mao Batuisi - West Sulawesi.

At Oksibil-Papua, Antam conducted initial exploration activities including SDGM.

Total gold exploration cost reached Rp6.8 billion.

BAUXITE
Antam conducted bauxite exploration at Mempawah, Landak, Tayan and Munggu Pasir of West Kalimantan.

Exploration activities at Mempawah and Landak included grid measurement, EDM, test pitting and sampling.

Antam conducted grid measurement, polygon measurement, test pitting and sampling at Tayan.

Exploration activities at Munggu Pasir included grid/ polygon measurement, test pitting and sampling.

Total bauxite exploration cost reached Rp1.7 billion. (end of release)