Tat Hong Holdings? Indonesian operations update

Tuesday, May 31 2005 - 04:00 AM WIB

The following is an excerpt of Tat Hong Holdings Ltd?s FY2005 Results Presentation on May 30, 2005 regarding the company?s Indonesian projects:

PT Gunungbayan Pratamacoal
? Marked Tat Hong?s entry into Mining Equipment Rental
? Five-year equipment leasing contract to GBP coal mine worth S$119m secured in January 2003
?	? Carried out through Tat Hong Energy
?	?	? JV with Manhattan Investments
?	?	? Total investment of S$85.1m
?	? Over 80% of equipment delivered as at 31 March 2005
?	?	? 10 units of excavators and 37 units of dump trucks on rental, on-site
?	?	? Full delivery of equipment expected by October 2005
?	?	- 2 units of excavators and 5 units of dump trucks pending delivery to site
?	? Positive impact expected in FY2006
?	?	?
PT Kalimantan Citra Bara
? Three-year contract worth S$41m secured in January 2005 to provide Open Cut Mining Services in PT Kartika Selabumi Mining Concession
?	? Contract/ Operations commenced on May 1, 2005
?	? Expect to be fully operational by mid-June 2005
? Carried out through KTH Mining Engineering
?	? 45%-owned JV with Kok Tong Construction
?	? Total investment of S$10m for equipment
? Positive impact expected in FY2006
? Launch pad for KTH to explore more of such projects
?	?	?

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