Table: Bayan 2010 coal production and reserves

Thursday, March 31 2011 - 04:51 AM WIB

Bayan Resources has the following areas currently in exploitation/development areas:

Location Concession owner Date of exploitation or development permit Expiry date of permit Percentage of concession ownership Total proven and probable reserves (in million metric tonnes) Total Production (in million metric tonnes) Remaining reserves as at 31 December 2010 (in million metric tonnes)*
Current period 2010 Cumulative total production
Block-II PT Gunungbayan Pratamacoal (GBP) August 2, 1999 July 11, 2029 100% 52.2 3.4 38.8 13.4
Block-I PT Gunungbayan Pratamacoal (GBP) August 28, 2007 July 11, 2029 100% 5.6 0.4 0.8 4.8
Sepaso Block PT Perkasa Inakakerta (PIK) August 13, 2007 March 29, 2037 100% 28.3 2.7 6.0 22.3
Satui Block PT Wahana Baratama Mining (WBM) October 26, 2007 October 25, 2037 100% 72.0 2.6 6.3 65.7
KW KTN 2005018 PT Fajar Sakti Prima (FSP) July 21, 2005 July 21, 2025 100% 333 1.3 3.2 329.8
KW KTN 2004046 PT Bara Tabang (BT) April 7, 2008 April 7, 2028 100%
KW.03PB 0059 PT Teguh Sinarabadi (TSA) April 29, 2008 April 23, 2038 100% 23.3 1.6 3.1 20.2
KW.03PB 0058 PT Firman Ketaun Perkasa (FKP) April 29, 2008 April 23, 2038 100%
KW.051PB0108 PT Firman Ketaun Perkasa (FKP) October 27, 2009 October  26, 2010** 100%

Note: *The remaining proven and probable reserves as at 31 December 2010 are based on the survey performed by Minarco Mineconsult, independent geologist, date 30 June 2010 after being reduced by the production sinvce the survey dates.

**The Group is in the process of obtaining an extension of this permit

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