Release: Antam monthly exploration report for November 2012

(Jakarta, December 12, 2012)--PT ANTAM (Persero) Tbk is pleased to announce its exploration report for November 2012 in accordance with the Indonesia Stock Exchange listing rules.

Antam?s exploration activities were focused on nickel, gold, bauxite, coal, and zircon in November 2012, with total preliminary cost of Rp14 billion.

NICKEL
Nickel exploration activities were conducted in Buli, North Maluku; Pomalaa, Southeast Sulawesi; and Pulau Gag, West Papua in November 2012.

In general, Antam conducted core logging and sampling; moisture content (MC) and specific gravity (SG) measurements; test pitting; topography and grid measurements, x-ray diffraction (XRD) mea?surement, detailed geological mapping (DGM); and sample preparation.

Antam spent Rp4.9 billion on nickel exploration activities in Novem?ber 2012.

GOLD
Antam conducted gold exploration activities at West Java, Banten, iambi, West Sulawesi, and Papua in November 2012. In that period, Antam spent Rp7.3 billion for gold exploration activities.

Exploration activities at Pongkor included, among others, core log?ging; core, petmin, XRD and soil samplings; hand-auger measurement; geotechnical sampling, drilling and drill-track measurement; gravity measurement.

In Papandayan, West Java, Antam performed hand-auger measureT ment; core drilling and geotechnical measurement; core logging; rock, core, soil, and petmin samplings; geophysical samplings using induced polarization (IP) and magnetic methods; point-load testing; drill tracks and points; controlled source audio-frequency magneto?telluric (CSAMT); core, rock, and soil analysis; as well as geological evaluation and modeling.

At Cibaliung, Antam conducted geological mapping; test pitting; soil, XRD, rock-chemistry samplings; trench?ing; trench measurement; and geophysical tracks measurement.

Meanwhile, at Muara Manderas, Jambi, Antam performed DGM; core logging; hand-auger measurement; trench and drill point measurements; as well as rock, soil, core and petmin samplings.

At Oksibil, Papua, Antam conducted SDGM; DGM; trenching; core logging; as well as core and rock sam?plings.

BAUXITE
Antam conducted bauxite exploration activities at Mempawah, Landak, Tayan, and Munggu Pasir, West Kalimantan. Antam performed grid measurement, test pitting, and sampling as part of its bauxite exploration activities. Total exploration activities for bauxite amounted to Rpl .6 billion in November 2012.

COAL AND ZIRCON
During November 2012, Antam performed field surveys at coal prospect in Bangko, Jambi and Mandor, West Kalimantan; as well as zircon prospect in Mandor, West Kalimantan. The total cost of these activities reached Rp127 million. (end of release)