IDX LQ45

February 2018

Contents

Forewords

LQ45 Index Constituents for the period of February July 2018

No. Code Stock Name Page 1. ADHI Adhi Karya (Persero) Tbk. [S] (Building Construction, 62) .................................................................................... 2

2. ADRO Adaro Energy Tbk. [S] (Coal Mining, 21) ...................................................................................................................................................... 6

3. AKRA AKR Corporindo Tbk. [S] (Wholesale (Durable and Non-Durable Goods, 91)) ........................................................................ 10

4. ANTM Aneka Tambang Tbk. [S] (Metal and Mineral Mining, 23) .................................................................................................................... 14

5. ASII Astra International Tbk. [S] (Automotive and Components, 42) ........................................................................................................ 18

6. BBCA Bank Central Asia Tbk. (Bank, 81) ................................................................................................................................................................... 22

7. BBNI Bank Negara Indonesia (Persero) Tbk. (Bank, 81) .................................................................................................................................. 26

8. BBRI Bank Rakyat Indonesia (Persero) Tbk. (Bank, 81) ................................................................................................................................. 30

9. BBTN Bank Tabungan Negara (Persero) Tbk. (Bank, 81). ................................................................................................................................ 34

10. BJBR BPD Jawa Barat dan Banten Tbk. (Bank, 81) ............................................................................................................................................ 38

11. BMRI Bank Mandiri (Persero) Tbk. (Bank, 81) ........................................................................................................................................................ 42

12. BMTR Global Mediacom Tbk. [S]. (Investment Company, 98) ......................................................................................................................... 46

13. BRPT Barito Pacific Tbk. [S] (Chemicals, 34)........................................................................................................................................................... 50

14. BSDE Bumi Serpong Damai Tbk. [S] (Property and Real Estate, 61) .......................................................................................................... 54

15. BUMI Bumi Resources Tbk. (Coal Mining, 21) ........................................................................................................................................................ 58

16. EXCL XL Axiata Tbk. [S] (Telecommunication,73) ................................................................................................................................................ 62

17. GGRM Gudang Garam Tbk. (Tobacco Manufacturers, 52) ................................................................................................................................. 66

18. HMSP HM Sampoerna Tbk. (Tobacco Manufacturers, 52) ................................................................................................................................ 70

19. ICBP Indofood CBP Sukses Makmur Tbk. [S] (Food and Beverages, 51) ............................................................................................. 74

20. INCO Vale Indonesia Tbk. [S] (Metal and Mineral Mining, 23) ........................................................................................................................ 78

21. INDF Indofood Sukses Makmur Tbk. [S] (Food and Beverages, 51) .......................................................................................................... 82

22. INDY Indika Energy Tbk. [S] (Non Building Construction, 75) ........................................................................................................................ 86

23. INTP Indocement Tunggal Prakasa Tbk. [S] (Cement, 31) .............................................................................................................................. 90

24. JSMR Jasa Marga (Persero) Tbk. [S] (Toll Road, Airport, Harbor and Allied Products, 72) .............................................................. 94

25. KLBF Kalbe Farma Tbk. [S] (Pharmaceuticals, 53) .............................................................................................................................................. 98

26. LPKR Lippo Karawaci Tbk. [S] (Property and Real Estate, 61) ....................................................................................................................... 102

27. LPPF Matahari Department Store Tbk. [S] (Retail Trade, 93) ......................................................................................................................... 106

28. MNCN Media Nusantara Citra Tbk. [S] (Advertising, Printing and Media,95) ............................................................................................ 110

29. MYRX Hanson International Tbk. [S] (Investment Company, 98) .................................................................................................................... 114

30. PGAS Perusahaan Gas Negara (Persero) Tbk. [S] (Energy, 71) .................................................................................................................... 118

31. PTBA Tambang Batubara Bukit Asam (Persero) Tbk. [S] (Coal Mining, 21) ............................................................................................ 122

32. PTPP PP (Persero) Tbk. [S] (Building Construction, 62) ................................................................................................ 126

33. PWON Pakuwon Jati Tbk. [S] (Property and Real Estate, 61) ........................................................................................................................... 130

34. SCMA Surya Citra Media Tbk. (Advertising, Printing And Media, 95) ........................................................................................................... 134

35. SMGR Semen Indonesia (Persero) Tbk. [S] (Cement, 31) .................................................................................................................................. 138

36. SRIL Sri Rejeki Isman Tbk. (Textile, Garment, 43) ........................................................................................................ 142

37. SSMS Sawit Sumbermas Sarana Tbk. [S] (Plantation, 12) .............................................................................................. 146

38. TLKM Telekomunikasi Indonesia (Persero) Tbk. [S] (Telecommunication, 73) ....................................................................................... 150

39. TPIA Chandra Asri Petrochemical Tbk. [S] (Chemicals, 34) ........................................................................................................................... 154

40. TRAM Trada Alam Minera Tbk. (Transportation, 74) ............................................................................................................................................ 158

41. UNTR United Tractors Tbk. [S] (Wholesale (Durable and Non-Durable Goods, 91) ......................................................... 162

42. UNVR Unilever Indonesia Tbk. [S] (Cosmetics and Household, 54).............................................................................................................. 166

43. WIKA Wijaya Karya (Persero) Tbk. [S] (Building Construction, 62) .............................................................................................................. 170

44. WSBP Waskita Beton Precast Tbk. [S] (Cement, 31) ....................................................................................................... 174

45. WSKT Waskita Karya (Persero) Tbk. [S] (Building Construction, 62) ............................................................................... 178

Contents Forewords

LQ45 Index Constituents for the period of February July 2018 No. Code Stock Name Page 1. ADHI Adhi Karya (Persero) Tbk. [S] (Building Construction, 62) .................................................................................... 2 2. ADRO Adaro Energy Tbk. [S] (Coal Mining, 21) ...................................................................................................................................................... 6 3. AKRA AKR Corporindo Tbk. [S] (Wholesale (Durable and Non-Durable Goods, 91)) ........................................................................ 10 4. ANTM Aneka Tambang Tbk. [S] (Metal and Mineral Mining, 23) .................................................................................................................... 14 5. ASII Astra International Tbk. [S] (Automotive and Components, 42) ........................................................................................................ 18 6. BBCA Bank Central Asia Tbk. (Bank, 81) ................................................................................................................................................................... 22 7. BBNI Bank Negara Indonesia (Persero) Tbk. (Bank, 81) .................................................................................................................................. 26 8. BBRI Bank Rakyat Indonesia (Persero) Tbk. (Bank, 81) ................................................................................................................................. 30 9. BBTN Bank Tabungan Negara (Persero) Tbk. (Bank, 81). ................................................................................................................................ 34 10. BJBR BPD Jawa Barat dan Banten Tbk. (Bank, 81) ............................................................................................................................................ 38 11. BMRI Bank Mandiri (Persero) Tbk. (Bank, 81) ........................................................................................................................................................ 42 12. BMTR Global Mediacom Tbk. [S]. (Investment Company, 98) ......................................................................................................................... 46 13. BRPT Barito Pacific Tbk. [S] (Chemicals, 34)........................................................................................................................................................... 50 14. BSDE Bumi Serpong Damai Tbk. [S] (Property and Real Estate, 61) .......................................................................................................... 54 15. BUMI Bumi Resources Tbk. (Coal Mining, 21) ........................................................................................................................................................ 58 16. EXCL XL Axiata Tbk. [S] (Telecommunication,73) ................................................................................................................................................ 62 17. GGRM Gudang Garam Tbk. (Tobacco Manufacturers, 52) ................................................................................................................................. 66 18. HMSP HM Sampoerna Tbk. (Tobacco Manufacturers, 52) ................................................................................................................................ 70 19. ICBP Indofood CBP Sukses Makmur Tbk. [S] (Food and Beverages, 51) ............................................................................................. 74 20. INCO Vale Indonesia Tbk. [S] (Metal and Mineral Mining, 23) ........................................................................................................................ 78 21. INDF Indofood Sukses Makmur Tbk. [S] (Food and Beverages, 51) .......................................................................................................... 82 22. INDY Indika Energy Tbk. [S] (Non Building Construction, 75) ........................................................................................................................ 86 23. INTP Indocement Tunggal Prakasa Tbk. [S] (Cement, 31) .............................................................................................................................. 90 24. JSMR Jasa Marga (Persero) Tbk. [S] (Toll Road, Airport, Harbor and Allied Products, 72) .............................................................. 94 25. KLBF Kalbe Farma Tbk. [S] (Pharmaceuticals, 53) .............................................................................................................................................. 98 26. LPKR Lippo Karawaci Tbk. [S] (Property and Real Estate, 61) ....................................................................................................................... 102 27. LPPF Matahari Department Store Tbk. [S] (Retail Trade, 93) ......................................................................................................................... 106 28. MNCN Media Nusantara Citra Tbk. [S] (Advertising, Printing and Media,95) ............................................................................................ 110 29. MYRX Hanson International Tbk. [S] (Investment Company, 98) .................................................................................................................... 114 30. PGAS Perusahaan Gas Negara (Persero) Tbk. [S] (Energy, 71) .................................................................................................................... 118 31. PTBA Tambang Batubara Bukit Asam (Persero) Tbk. [S] (Coal Mining, 21) ............................................................................................ 122 32. PTPP PP (Persero) Tbk. [S] (Building Construction, 62) ................................................................................................ 126 33. PWON Pakuwon Jati Tbk. [S] (Property and Real Estate, 61) ........................................................................................................................... 130 34. SCMA Surya Citra Media Tbk. (Advertising, Printing And Media, 95) ........................................................................................................... 134 35. SMGR Semen Indonesia (Persero) Tbk. [S] (Cement, 31) .................................................................................................................................. 138 36. SMRA Summarecon Agung Tbk. [S] (Property and Real Estate, 61) ............................................................................... 142 37. SRIL Sri Rejeki Isman Tbk. (Textile, Garment, 43) ........................................................................................................ 146 38. SSMS Sawit Sumbermas Sarana Tbk. [S] (Plantation, 12) .............................................................................................. 150 39. TLKM Telekomunikasi Indonesia (Persero) Tbk. [S] (Telecommunication, 73) ....................................................................................... 154 40. TPIA Chandra Asri Petrochemical Tbk. [S] (Chemicals, 34) ........................................................................................................................... 158 41. TRAM Trada Alam Minera Tbk. (Transportation, 74) ............................................................................................................................................ 162 42. UNTR United Tractors Tbk. [S] (Wholesale (Durable and Non-Durable Goods, 91) ......................................................... 166 43. UNVR Unilever Indonesia Tbk. [S] (Cosmetics and Household, 54).............................................................................................................. 170 44. WIKA Wijaya Karya (Persero) Tbk. [S] (Building Construction, 62) .............................................................................................................. 174 45. WSKT Waskita Karya (Persero) Tbk. [S] (Building Construction, 62) ............................................................................... 178

LQ45 Index Constituents for the period of February July 2018

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE2

ADHI KARYA (PERSERO) TBK.

Company Profile

PT Adhi Karya (Persero) Tbk. was established June 3rd, 1974. The company started with a name Architecten-en-Ingenicure Annemersbedrijf Associatie Selleen de Bruyn, Reyerse en de Vries N.V. (Associatie N.V.), a Dutch company that was nationalized on 11 March 1960, then changed its name to PN Adhi Karya. In the journey of the company, the nationalization process became the momentum that initiated infrastructure development in Indonesia.

The companys scope of businesses covers: Construction, Energy (Engineering, Procurement, and Construction/EPC), Property, Industry, and Investment.

The company took an active role in giving recommendation on Light Rail Transit (LRT), rail base mass transportation with the objective of reducing traffic level in Jakarta. The LRT project, the first of its kind in Indonesia, is constructed by PT Adhi Karya (Persero) Tbk. using the U-Shape Girder structure. For the first time in Indonesia, the U-Shape Girder is manufactured in the Precast Factory of PT Adhi Karya (Persero) Tbk. in Sentul.

In addition to the Construction and EPC businesses, the Company has operated and profited from the Property and Realty businesses through two subsidiary entities, namely Adhi Persada Properti (APP) and Adhi Persada Realti (APR).

Meanwhile, in the Realty business, we are adopting a strategy of not only developing landed houses, but also managing commercial areas (malls, lifestyle centers and shopping complexes) also with the aim of strengthening our recurring income. From the point of view of market demand, the need for precast concrete has grown significantly in support of major infrastructure projects.

At project sites, the company strives to constantly instill HSE awareness to every employee, through the implementation of following programs: Safety Induction, Safety Morning Talk, and Tool Box Meeting.

In 2016 the company received awards: The Best Strategic Program by Economic Review, Social Business Innovation Company by Warta Ekonomi, Best Mid-cap (ranked 3rd) by Finance Asia, The Best Innovation for Business Development in Construction Industry by Warta Ekonomi.

The Companys head office is located at Jalan Raya Pasar Minggu Km.18, Jakarta. As of September 30th, 2017, the Company and subsidiaries had 1,371 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Property, Real Estate & Building Construction (6) Listed Shares : Industry Sub Sector : Building Construction (62) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO :

PT Ciptadana Sekuritas DIVIDEND ANNOUNCEMENTSecurities Administration Bureau : Cash Recording Payment

Dividend Cum Date Ex Date Date Date

Phone : (021) 350-8077Fax : (021) 350-8078

BOARD OF COMMISSIONERSMuhammad Fadjroel RachmanBobby A.A. NaziefHironimus Hilapok *)Muchlis R. Luddin *)Rildo Ananda AnwarWicipto Setiadi

*) Independent CommissionersISSUED HISTORY

BOARD OF DIRECTORS Listing TradingBudi Harto Type of Listing Date DateB.E.P. Adji SatmokoBudi Saddewa SoediroHaris GunawanPundjung Setya BrataV Partha Sarathi

AUDIT COMMITTEEMuchlis R. LuddinMukti WibowoSyaiful

CORPORATE SECRETARYKi Syahgolang Permata

HEAD OFFICE

Phone : (021) 797-5312Fax : (021) 797-5311

Homepage : www.adhi.co.idEmail : kiki@adhi.co.id

08-Aug-06 F

No. Shares1. First Issue 397,188,000 18-Mar-04 18-Mar-04

Company Listing 918,680,000 18-Mar-04 18-Mar-04

10. Right Issue I 30,081,685 21-Oct-15 21-Oct-15

6.

4. 5.

1. 2. 3.

South BuildingJl. Raya Pasar Minggu 18Jakarta 12510

Bonus F/IYear Shares2003 12.30 07-Jul-04 08-Jul-04 12-Jul-04 23-Jul-04 F2005 19.56 17-Jun-05 20-Jun-05 22-Jun-05 06-Jul-05

12.98 20-Jul-06 21-Jul-06 25-Jul-06

Republic of IndonesiaPublic (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE 3

ADHI KARYA (PERSERO) TBK.

Company Profile

PT Adhi Karya (Persero) Tbk. was established June 3rd, 1974. The company started with a name Architecten-en-Ingenicure Annemersbedrijf Associatie Selleen de Bruyn, Reyerse en de Vries N.V. (Associatie N.V.), a Dutch company that was nationalized on 11 March 1960, then changed its name to PN Adhi Karya. In the journey of the company, the nationalization process became the momentum that initiated infrastructure development in Indonesia.

The companys scope of businesses covers: Construction, Energy (Engineering, Procurement, and Construction/EPC), Property, Industry, and Investment.

The company took an active role in giving recommendation on Light Rail Transit (LRT), rail base mass transportation with the objective of reducing traffic level in Jakarta. The LRT project, the first of its kind in Indonesia, is constructed by PT Adhi Karya (Persero) Tbk. using the U-Shape Girder structure. For the first time in Indonesia, the U-Shape Girder is manufactured in the Precast Factory of PT Adhi Karya (Persero) Tbk. in Sentul.

In addition to the Construction and EPC businesses, the Company has operated and profited from the Property and Realty businesses through two subsidiary entities, namely Adhi Persada Properti (APP) and Adhi Persada Realti (APR).

Meanwhile, in the Realty business, we are adopting a strategy of not only developing landed houses, but also managing commercial areas (malls, lifestyle centers and shopping complexes) also with the aim of strengthening our recurring income. From the point of view of market demand, the need for precast concrete has grown significantly in support of major infrastructure projects.

At project sites, the company strives to constantly instill HSE awareness to every employee, through the implementation of following programs: Safety Induction, Safety Morning Talk, and Tool Box Meeting.

In 2016 the company received awards: The Best Strategic Program by Economic Review, Social Business Innovation Company by Warta Ekonomi, Best Mid-cap (ranked 3rd) by Finance Asia, The Best Innovation for Business Development in Construction Industry by Warta Ekonomi.

The Companys head office is located at Jalan Raya Pasar Minggu Km.18, Jakarta. As of September 30th, 2017, the Company and subsidiaries had 1,371 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Property, Real Estate & Building Construction (6) Listed Shares : Industry Sub Sector : Building Construction (62) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO :

PT Ciptadana Sekuritas DIVIDEND ANNOUNCEMENTSecurities Administration Bureau : Cash Recording Payment

Dividend Cum Date Ex Date Date Date

Phone : (021) 350-8077Fax : (021) 350-8078

BOARD OF COMMISSIONERSMuhammad Fadjroel RachmanBobby A.A. NaziefHironimus Hilapok *)Muchlis R. Luddin *)Rildo Ananda AnwarWicipto Setiadi

*) Independent CommissionersISSUED HISTORY

BOARD OF DIRECTORS Listing TradingBudi Harto Type of Listing Date DateB.E.P. Adji SatmokoBudi Saddewa SoediroHaris GunawanPundjung Setya BrataV Partha Sarathi

AUDIT COMMITTEEMuchlis R. LuddinMukti WibowoSyaiful

CORPORATE SECRETARYKi Syahgolang Permata

HEAD OFFICE

Phone : (021) 797-5312Fax : (021) 797-5311

Homepage : www.adhi.co.idEmail : kiki@adhi.co.id

08-Aug-06 F

No. Shares1. First Issue 397,188,000 18-Mar-04 18-Mar-04

Company Listing 918,680,000 18-Mar-04 18-Mar-04

10. Right Issue I 30,081,685 21-Oct-15 21-Oct-15

6.

4. 5.

1. 2. 3.

South BuildingJl. Raya Pasar Minggu 18Jakarta 12510

Bonus F/IYear Shares2003 12.30 07-Jul-04 08-Jul-04 12-Jul-04 23-Jul-04 F2005 19.56 17-Jun-05 20-Jun-05 22-Jun-05 06-Jul-05

12.98 20-Jul-06 21-Jul-06 25-Jul-06

Republic of IndonesiaPublic (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE4

TRADING ACTIVITIES

SHARES TRADEDVolume (Million Sh.)Value (Billion Rp)Frequency (Thou. X)Days

Price (Rupiah) High Low Close Close*

PER (X)PER Industry (X)PBV (X)* Adjusted price after corporate action

1.43 1.44

(Thou. Sh.)Volume

(Million Rp)Value

(X)Closing Price Freq.

Month

949,746

576,447 2,067,005

424,212

64,117

523,862 885,065

53,545

2,220

2,300

3,780

3,625 3,480 81,342

High Low

440,8901,965 1,705 1,885

2,230 57,126 616,400 1,299,800

449,201

1,95548,250

672,513 1,613,341

2,765 47,276 291,008 876,099

525,345 1,119,2721,201,936 2,604,099

540,360 1,214,604317,411 683,169

102,15355,399

85,168

800,468

508,406 1,087,262

2,680

469,371

367,303

933,209

22 23

20

20

20

21

19 22

21

18 21 18

2,700

371,638 945,245

2,830 35,306 393,230 1,105,417

19

20

20

16

43,538 232,483 639,163

2,780 56,416 568,723 1,501,6692,780 933,533

2,810 2,435

49,578 297,973

573,781 1,597,729

64,269 520,481 1,843,502

86,16950,309 514,322 1,636,032

2,875,053

45,534

165,105 494,676298,984 938,382

320,944 925,441

2,676,720890,637

678,458 2,147,006

1,142,279

3,870 3,330

Close

Jul-14Aug-14

3,420

1,850 1,425 1,780

3,110 2,275 2,9952,985

3,340 2,950 3,1302,6753,335

3,150

Dec-14

Jun-14May-14

2,920 2,320 2,755 58,999

3,110 77,411

2,765 30,838

2,620 2,785

3,230 3,025 3,070 40,4262,725

Nov-14Oct-14Sep-14 3,160

3,440

2,740

3,480 2,140 2,080 1,885 2,230

2,470 2,3701,425 1,665 1,8303,625

2,340 1,855 2,250

2,540 1,910

3,4753,180Apr-15

3,320 3,695

2,940 2,490 2,505

2,370 1,805

Sep-15

Apr-16

Aug-16

ADHI Adhi Karya (Persero) Tbk.

21 19

Jun-15 2,020 59,436 343,741 745,3752,795 2,010 2,300 89,892Jul-15

2,990 3,055

Jan-14

Apr-14Mar-14

May-15

Mar-15Feb-15Jan-15

21 Aug-15 2,340 1,665 1,995

21

19 Dec-15 2,270 2,040 2,140 34,926

21 Nov-15 21 Oct-15 2,410 1,850 2,230

2,345 2,105 2,200

519,063 1,413,655

70,761 366,814 731,984

21 Mar-16

20 Feb-16 20 Jan-16

2,745 2,475 2,610 55,500 549,180 1,444,3452,840 2,5552,910 2,645 2,675 49,750 562,525 1,558,604

2,690 48,667

2,580 2,070 2,550 70,823 856,813 2,027,511

22 Jul-16

2,860 2,660 2,670 53,421

20 Jun-16 22 May-16 2,710 2,420 2,570 44,806

2,830 2,530 2,780 44,156 448,114 1,224,4282,900

590,369 1,634,318

Dec-16 20 Nov-16 2,270 1,830 1,910 42,844

21 Oct-16 21 Sep-16

692,7291,295,451

338,3792,280 1,855 2,080 64,378 622,275

2,360 58,883 449,387 1,124,4462,510 2,130 2,270 48,902 375,525 881,7472,730 2,310

22

19 Mar-17 22 Feb-17Jan-17 21 2,260 2,030 2,100 38,049 371,611 802,129

2,350 1,945 2,130 56,156 691,793 1,485,8561,203,7992,470 2,080 2,370 48,413 517,551

17 May-17 20 Apr-17 2,420 2,150 2,260 27,827 273,299 623,911

2,420 2,150 2,350 26,000 240,181 549,671Jun-17 2,340 15 2,130 2,150 17,209 145,864 321,552Jul-17 21

Oct-17

2,240 1,950 2,220 44,200

39,48622

19 Aug-17

22 2,280 1,9752,090 1,930 2,000 20,920 182,482

22 Sep-17

2,190 32,801 377,107

18 Dec-17 889,87822

2,000 2,020 22,832 215,3162014 2015 2016 2017 Jan-18

18,415 15,087 15,348 9,514 1,3006,662 6164,4346,0765,887

667 767 617

22 3,870

1,805

2,953 2,140 2,080 1,885

422 57242

2,230

2,9101,705

Nov-17238

Jan-18

244 2461,955

6.70 46.54 16.43 48.23 100.919.57 16.29 13.36 24.89 14.461.76 4.10 1.48

Day

Feb-1420

20 20 2,390 1,755 2,340 769,177 1,595,18451,624

34,825

30

60

90

120

150

180

210

240

425

850

1,275

1,700

2,125

2,550

2,975

3,400

Jan-14 Jan-15 Jan-16 Jan-17 Jan-18

Closing Price* and Trading VolumeAdhi Karya (Persero) Tbk.Closing

Price* Volume (Mill. Sh)

56.7%70.7%

52.7%

-25%

-

25%

50%

75%

100%

125%

150%

175%

Jan 14 Jan 15 Jan 16 Jan 17 Jan 18

Property, Real Estate and Bulding Construction IndexJanuary 2014 - January 2018

Closing Price*, Jakarta Composite Index (IHSG) and

January 2014 - January 2018

Financial Data and Ratios Book End : DecemberPublic Accountant : Hertanto, Grace, Karunawan (Member of TIAG International)

BALANCE SHEET(Million Rp except Par Value)Cash & Cash EquivalentsReceivables

InventoriesInvestmentFixed AssetsOther AssetsTotal AssetsGrowth (%)

Trade PayableTotal LiabilitiesGrowth (%)

Authorized CapitalPaid up CapitalPaid up Capital (Shares)Par ValueRetained EarningsTotal EquityGrowth (%)

INCOME STATEMENTSTotal RevenuesGrowth (%)

Cost of RevenuesGross ProfitOperating ExpensesOperating ProfitGrowth (%)

Other Income (Expenses)Income before TaxTaxProfit for the periodGrowth (%)

Period AttributableComprehensive IncomeComprehensive Attributable

RATIOSDividend (Rp)EPS (Rp)BV (Rp)DAR (X)DER(X)ROA (%)ROE (%)GPM (%)OPM (%)NPM (%)Payout Ratio (%)Yield (%)

7.59% 60.26% 19.89%

411,831271,257 496,096 1,099,427 1,459,816 1,404,878

Dec-14 Dec-15 Dec-16 Sep-17

161,560 132,014 162,651 131,016

9,720,962 10,458,882 24,432,31027,893 186,808

180,132 180,132 356,085 356,085 356,085

13.11% 194.72% 5.44% 1.97%

100 100 100 100 1001,307,301

Dec-15Dec-14Dec-13

1,088,185

60,034 52,850 399,640

6.54%

3,255,398

ADHI

1,939,9602,705,085 3,214,051 3,311,392 1,596,824 3,472,567

811,412 4,317,348 3,364,910 3,801,176

Dec-13

21.58%

11,598,932 14,652,656 18,882,4324,923,213 6,489,310

Adhi Karya (Persero) Tbk.

3.38

67.61226.74859.63

0.845.284.20

-

7,655,377 8,414,926 9,948,797 7,702,640

9,799,598 8,653,578 9,389,570 11,063,943

33.21%

1,247,711 998,202 1,006,724 1,184,570 1,131,380

714,365 599,557 746,091 612,622 461,185

- 724,884 611,230 728,591

4.17

0.834.973.17

18.9426.3812.73

-

0.773.40

-57.69

1,558.58

2.25

1,509,579 1,789,885 2,024,446 2,135,4881,548,463 1,751,543 5,162,132 5,442,780 5,549,878

764,970

1,528.51184.12

Sep-17

205,430

17.83%8.51%

Dec-16

29.82

0.732.69

19.54

Dec-13 Dec-14

972.37

35.98Dec-15 Dec-16

-88.49

26.23130.59

1,449.690.69

8,714,879-11.69%

-15.68%

305,927 267,896 281,066 255,755

-108,337 -125,327 134,861 -115,969 -303,785

19.20%

-1.80

6.514.95

20.081.31

3.7012.98

0.84

11.548.383.83

1.575.79

10.716.592.85

-

2.779.01

10.728.782.36

-

8,606,444

544,000 544,000 544,000 544,000 544,000

40.21% -32.24%

3,561

345,943

334,75120,095,436

Sep-17

1,801 1,801 3,561 3,561

26.33% 28.87%

16,761,064

8,172,499 8,707,3384,767,420 8,372,701 8,674,991

65,081

409,862 304,311 878,754 404,657 205,430407,401 301,726 877,408 403,000 205,077

408,438 465,026

273,318425,009

297,515315,108331,661

-18.80%

405,977 329,075 463,685 313,451 205,077

395,494 455,979 366,411

-

5,000

10,000

15,000

20,000

25,000

2013 2014 2015 2016 Sep-17

Assets LiabilitiesTOTAL ASSETS AND LIABILITIES (Bill. Rp)

1,548 1,752

5,1625,443 5,550

2013 2014 2015 2016 Sep-17-111

1,021

2,153

3,286

4,418

5,550

TOTAL EQUITY (Bill. Rp)

9,8008,654

9,390

11,064

8,715

2013 2014 2015 2016 Sep-17-221

2,036

4,293

6,550

8,807

11,064

TOTAL REVENUES (Bill. Rp)

408

332

465

315

205

2013 2014 2015 2016 Sep-17-9

86

180

275

370

PROFIT FOR THE PERIOD (Bill. Rp)

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE 5

TRADING ACTIVITIES

SHARES TRADEDVolume (Million Sh.)Value (Billion Rp)Frequency (Thou. X)Days

Price (Rupiah) High Low Close Close*

PER (X)PER Industry (X)PBV (X)* Adjusted price after corporate action

1.43 1.44

(Thou. Sh.)Volume

(Million Rp)Value

(X)Closing Price Freq.

Month

949,746

576,447 2,067,005

424,212

64,117

523,862 885,065

53,545

2,220

2,300

3,780

3,625 3,480 81,342

High Low

440,8901,965 1,705 1,885

2,230 57,126 616,400 1,299,800

449,201

1,95548,250

672,513 1,613,341

2,765 47,276 291,008 876,099

525,345 1,119,2721,201,936 2,604,099

540,360 1,214,604317,411 683,169

102,15355,399

85,168

800,468

508,406 1,087,262

2,680

469,371

367,303

933,209

22 23

20

20

20

21

19 22

21

18 21 18

2,700

371,638 945,245

2,830 35,306 393,230 1,105,417

19

20

20

16

43,538 232,483 639,163

2,780 56,416 568,723 1,501,6692,780 933,533

2,810 2,435

49,578 297,973

573,781 1,597,729

64,269 520,481 1,843,502

86,16950,309 514,322 1,636,032

2,875,053

45,534

165,105 494,676298,984 938,382

320,944 925,441

2,676,720890,637

678,458 2,147,006

1,142,279

3,870 3,330

Close

Jul-14Aug-14

3,420

1,850 1,425 1,780

3,110 2,275 2,9952,985

3,340 2,950 3,1302,6753,335

3,150

Dec-14

Jun-14May-14

2,920 2,320 2,755 58,999

3,110 77,411

2,765 30,838

2,620 2,785

3,230 3,025 3,070 40,4262,725

Nov-14Oct-14Sep-14 3,160

3,440

2,740

3,480 2,140 2,080 1,885 2,230

2,470 2,3701,425 1,665 1,8303,625

2,340 1,855 2,250

2,540 1,910

3,4753,180Apr-15

3,320 3,695

2,940 2,490 2,505

2,370 1,805

Sep-15

Apr-16

Aug-16

ADHI Adhi Karya (Persero) Tbk.

21 19

Jun-15 2,020 59,436 343,741 745,3752,795 2,010 2,300 89,892Jul-15

2,990 3,055

Jan-14

Apr-14Mar-14

May-15

Mar-15Feb-15Jan-15

21 Aug-15 2,340 1,665 1,995

21

19 Dec-15 2,270 2,040 2,140 34,926

21 Nov-15 21 Oct-15 2,410 1,850 2,230

2,345 2,105 2,200

519,063 1,413,655

70,761 366,814 731,984

21 Mar-16

20 Feb-16 20 Jan-16

2,745 2,475 2,610 55,500 549,180 1,444,3452,840 2,5552,910 2,645 2,675 49,750 562,525 1,558,604

2,690 48,667

2,580 2,070 2,550 70,823 856,813 2,027,511

22 Jul-16

2,860 2,660 2,670 53,421

20 Jun-16 22 May-16 2,710 2,420 2,570 44,806

2,830 2,530 2,780 44,156 448,114 1,224,4282,900

590,369 1,634,318

Dec-16 20 Nov-16 2,270 1,830 1,910 42,844

21 Oct-16 21 Sep-16

692,7291,295,451

338,3792,280 1,855 2,080 64,378 622,275

2,360 58,883 449,387 1,124,4462,510 2,130 2,270 48,902 375,525 881,7472,730 2,310

22

19 Mar-17 22 Feb-17Jan-17 21 2,260 2,030 2,100 38,049 371,611 802,129

2,350 1,945 2,130 56,156 691,793 1,485,8561,203,7992,470 2,080 2,370 48,413 517,551

17 May-17 20 Apr-17 2,420 2,150 2,260 27,827 273,299 623,911

2,420 2,150 2,350 26,000 240,181 549,671Jun-17 2,340 15 2,130 2,150 17,209 145,864 321,552Jul-17 21

Oct-17

2,240 1,950 2,220 44,200

39,48622

19 Aug-17

22 2,280 1,9752,090 1,930 2,000 20,920 182,482

22 Sep-17

2,190 32,801 377,107

18 Dec-17 889,87822

2,000 2,020 22,832 215,3162014 2015 2016 2017 Jan-18

18,415 15,087 15,348 9,514 1,3006,662 6164,4346,0765,887

667 767 617

22 3,870

1,805

2,953 2,140 2,080 1,885

422 57242

2,230

2,9101,705

Nov-17238

Jan-18

244 2461,955

6.70 46.54 16.43 48.23 100.919.57 16.29 13.36 24.89 14.461.76 4.10 1.48

Day

Feb-1420

20 20 2,390 1,755 2,340 769,177 1,595,18451,624

34,825

30

60

90

120

150

180

210

240

425

850

1,275

1,700

2,125

2,550

2,975

3,400

Jan-14 Jan-15 Jan-16 Jan-17 Jan-18

Closing Price* and Trading VolumeAdhi Karya (Persero) Tbk.Closing

Price* Volume (Mill. Sh)

56.7%70.7%

52.7%

-25%

-

25%

50%

75%

100%

125%

150%

175%

Jan 14 Jan 15 Jan 16 Jan 17 Jan 18

Property, Real Estate and Bulding Construction IndexJanuary 2014 - January 2018

Closing Price*, Jakarta Composite Index (IHSG) and

January 2014 - January 2018

Financial Data and Ratios Book End : DecemberPublic Accountant : Hertanto, Grace, Karunawan (Member of TIAG International)

BALANCE SHEET(Million Rp except Par Value)Cash & Cash EquivalentsReceivables

InventoriesInvestmentFixed AssetsOther AssetsTotal AssetsGrowth (%)

Trade PayableTotal LiabilitiesGrowth (%)

Authorized CapitalPaid up CapitalPaid up Capital (Shares)Par ValueRetained EarningsTotal EquityGrowth (%)

INCOME STATEMENTSTotal RevenuesGrowth (%)

Cost of RevenuesGross ProfitOperating ExpensesOperating ProfitGrowth (%)

Other Income (Expenses)Income before TaxTaxProfit for the periodGrowth (%)

Period AttributableComprehensive IncomeComprehensive Attributable

RATIOSDividend (Rp)EPS (Rp)BV (Rp)DAR (X)DER(X)ROA (%)ROE (%)GPM (%)OPM (%)NPM (%)Payout Ratio (%)Yield (%)

7.59% 60.26% 19.89%

411,831271,257 496,096 1,099,427 1,459,816 1,404,878

Dec-14 Dec-15 Dec-16 Sep-17

161,560 132,014 162,651 131,016

9,720,962 10,458,882 24,432,31027,893 186,808

180,132 180,132 356,085 356,085 356,085

13.11% 194.72% 5.44% 1.97%

100 100 100 100 1001,307,301

Dec-15Dec-14Dec-13

1,088,185

60,034 52,850 399,640

6.54%

3,255,398

ADHI

1,939,9602,705,085 3,214,051 3,311,392 1,596,824 3,472,567

811,412 4,317,348 3,364,910 3,801,176

Dec-13

21.58%

11,598,932 14,652,656 18,882,4324,923,213 6,489,310

Adhi Karya (Persero) Tbk.

3.38

67.61226.74859.63

0.845.284.20

-

7,655,377 8,414,926 9,948,797 7,702,640

9,799,598 8,653,578 9,389,570 11,063,943

33.21%

1,247,711 998,202 1,006,724 1,184,570 1,131,380

714,365 599,557 746,091 612,622 461,185

- 724,884 611,230 728,591

4.17

0.834.973.17

18.9426.3812.73

-

0.773.40

-57.69

1,558.58

2.25

1,509,579 1,789,885 2,024,446 2,135,4881,548,463 1,751,543 5,162,132 5,442,780 5,549,878

764,970

1,528.51184.12

Sep-17

205,430

17.83%8.51%

Dec-16

29.82

0.732.69

19.54

Dec-13 Dec-14

972.37

35.98Dec-15 Dec-16

-88.49

26.23130.59

1,449.690.69

8,714,879-11.69%

-15.68%

305,927 267,896 281,066 255,755

-108,337 -125,327 134,861 -115,969 -303,785

19.20%

-1.80

6.514.95

20.081.31

3.7012.98

0.84

11.548.383.83

1.575.79

10.716.592.85

-

2.779.01

10.728.782.36

-

8,606,444

544,000 544,000 544,000 544,000 544,000

40.21% -32.24%

3,561

345,943

334,75120,095,436

Sep-17

1,801 1,801 3,561 3,561

26.33% 28.87%

16,761,064

8,172,499 8,707,3384,767,420 8,372,701 8,674,991

65,081

409,862 304,311 878,754 404,657 205,430407,401 301,726 877,408 403,000 205,077

408,438 465,026

273,318425,009

297,515315,108331,661

-18.80%

405,977 329,075 463,685 313,451 205,077

395,494 455,979 366,411

-

5,000

10,000

15,000

20,000

25,000

2013 2014 2015 2016 Sep-17

Assets LiabilitiesTOTAL ASSETS AND LIABILITIES (Bill. Rp)

1,548 1,752

5,1625,443 5,550

2013 2014 2015 2016 Sep-17-111

1,021

2,153

3,286

4,418

5,550

TOTAL EQUITY (Bill. Rp)

9,8008,654

9,390

11,064

8,715

2013 2014 2015 2016 Sep-17-221

2,036

4,293

6,550

8,807

11,064

TOTAL REVENUES (Bill. Rp)

408

332

465

315

205

2013 2014 2015 2016 Sep-17-9

86

180

275

370

PROFIT FOR THE PERIOD (Bill. Rp)

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE6

ADARO ENERGY TBK.

Company Profile

PT Adaro Energy Tbk. was established July 28th, 2004. The Company is an Indonesia-based integrated coal mining company. The Company and subsidiaries are engaged in coal mining, coal trading, mining contractor services, infrastructure, coal logistics and power generation activities and water treatment. The Company commenced its commercial operations in July 2005. The Company is a leading Indonesian coal mining company and Indonesia's second-largest producer of thermal coal. The company operates the largest single coal mine in the country (in South Kalimantan) and aims to be a leading integrated coal mining and energy group in Southeast Asia.

The Company produces coal that is less environment unfriendly due to its low content of sulfur, nitrogen and ash. This coal is globally trademarked as envirocoal. About 25 percent of its coal production is consumed on the domestic market, mainly for power generation by coal-fired plants. Major export markets of Adaro Energy's coal are India, Spain, Japan, South Korea and China. The subsidiaries combine with a range of contractors to produce and deliver coal with industry-leading efficiency and low cost.

The Companys head office is domiciled in Jakarta and located at Menara Karya Building, 23rd Floor, Jln. H.R. Rasuna Said Block X-5, Kav. 1-2, South Jakarta. As December 31st, 2017, the Company and its subsidiaries had 8,842 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Mining (2) Listed Shares : Industry Sub Sector : Coal Mining (21) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO : :

PT Danatama MakmurSecurities Administration Bureau : DIVIDEND ANNOUNCEMENT

Cash Recording PaymentDividend Cum Date Ex Date Date Date

Phone : (021) 521-2316, 2317Fax : (021) 521-2320

BOARD OF COMMISSIONERSEdwin SoeryadjayaArini Saraswaty SubiantoPalgunadi Tatit Setyawan *)Raden Pardede *)Theodore Permadi Rachmat

*) Independent Commissioners

BOARD OF DIRECTORSGaribaldi ThohirChia Ah HooChristian Ariano RachmatDavid TendianJulius AslanM. Syah Indra AmanSiswanto Prawiroatmodjo

ISSUED HISTORYAUDIT COMMITTEE Listing Trading

Palgunadi Tatit Setyawan Type of Listing Date DateIrwandy ArifMamat Ma'Mun

CORPORATE SECRETARYMahardika Putranto

HEAD OFFICE

Phone : (021) 2553-3000Fax : (021) 2559-3083

Homepage : www.adaro.comEmail : mahardika.putranto@ptadaro.com

5.

4. 5.

1. 2. 3.

Menara Karya 23th FloorJln. H.R. Rasuna Said, Blok X-5, Kv. 1-2Jakarta 12950

No. Shares1. First Issue 11,139,331,000 16-Jul-08 16-Jul-082. Company Listing 20,846,631,000 16-Jul-08 16-Apr-09

2017 US$0.00313 28-Dec-17 29-Dec-17 03-Jan-18 12-Jan-18 I

2016 25.62 28-Dec-16 29-Dec-16 03-Jan-17 13-Jan-17 I2016 16.78 04-May-17 05-May-17 09-May-17 26-May-17 F

2015 15.29 28-Dec-15 29-Dec-15 04-Jan-16 15-Jan-16 I2015 17.51 25-Apr-16 26-Apr-16 28-Apr-16 20-May-16 F

2014 11.73 24-Dec-14 29-Dec-14 02-Jan-15 16-Jan-15 I2014 18.52 30-Apr-15 04-May-15 06-May-15 27-May-15 F

28-May-14 12-Jun-14 F

15-Jan-13 I2012 12.36 29-May-13 30-May-13 03-Jun-13 12-Jun-13 F

12-Jun-12 F2012 12.13 29-May-12 30-May-12 01-Jun-12 12-Jun-12 I

2009 17.00 02-Jun-10 03-Jun-10 07-Jun-102010 9.85 26-Nov-10 29-Nov-10 01-Dec-102010 20.50 27-May-11

2012 10.65 26-Dec-12 27-Dec-12 02-Jan-13

3.

1. 2.

6. 7.

29-May-12 30-May-12 01-Jun-12

2013 13.47 26-May-14

6.18%28-Jul-200416-Jul-2008

F10-Dec-10 I09-Jun-11

15,963,903,790

30-May-11 01-Jun-11

2011 53.66

F2011 21.35 28-Nov-11 29-Nov-11 01-Dec-11 09-Dec-11 I

02-Jun-142013 15.30 24-Dec-13 27-Dec-13 02-Jan-14 16-Jan-14 I

78,365,606,900,00031,985,962,000

3. Public (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE 7

ADARO ENERGY TBK.

Company Profile

PT Adaro Energy Tbk. was established July 28th, 2004. The Company is an Indonesia-based integrated coal mining company. The Company and subsidiaries are engaged in coal mining, coal trading, mining contractor services, infrastructure, coal logistics and power generation activities and water treatment. The Company commenced its commercial operations in July 2005. The Company is a leading Indonesian coal mining company and Indonesia's second-largest producer of thermal coal. The company operates the largest single coal mine in the country (in South Kalimantan) and aims to be a leading integrated coal mining and energy group in Southeast Asia.

The Company produces coal that is less environment unfriendly due to its low content of sulfur, nitrogen and ash. This coal is globally trademarked as envirocoal. About 25 percent of its coal production is consumed on the domestic market, mainly for power generation by coal-fired plants. Major export markets of Adaro Energy's coal are India, Spain, Japan, South Korea and China. The subsidiaries combine with a range of contractors to produce and deliver coal with industry-leading efficiency and low cost.

The Companys head office is domiciled in Jakarta and located at Menara Karya Building, 23rd Floor, Jln. H.R. Rasuna Said Block X-5, Kav. 1-2, South Jakarta. As December 31st, 2017, the Company and its subsidiaries had 8,842 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Mining (2) Listed Shares : Industry Sub Sector : Coal Mining (21) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO : :

PT Danatama MakmurSecurities Administration Bureau : DIVIDEND ANNOUNCEMENT

Cash Recording PaymentDividend Cum Date Ex Date Date Date

Phone : (021) 521-2316, 2317Fax : (021) 521-2320

BOARD OF COMMISSIONERSEdwin SoeryadjayaArini Saraswaty SubiantoPalgunadi Tatit Setyawan *)Raden Pardede *)Theodore Permadi Rachmat

*) Independent Commissioners

BOARD OF DIRECTORSGaribaldi ThohirChia Ah HooChristian Ariano RachmatDavid TendianJulius AslanM. Syah Indra AmanSiswanto Prawiroatmodjo

ISSUED HISTORYAUDIT COMMITTEE Listing Trading

Palgunadi Tatit Setyawan Type of Listing Date DateIrwandy ArifMamat Ma'Mun

CORPORATE SECRETARYMahardika Putranto

HEAD OFFICE

Phone : (021) 2553-3000Fax : (021) 2559-3083

Homepage : www.adaro.comEmail : mahardika.putranto@ptadaro.com

5.

4. 5.

1. 2. 3.

Menara Karya 23th FloorJln. H.R. Rasuna Said, Blok X-5, Kv. 1-2Jakarta 12950

No. Shares1. First Issue 11,139,331,000 16-Jul-08 16-Jul-082. Company Listing 20,846,631,000 16-Jul-08 16-Apr-09

2017 US$0.00313 28-Dec-17 29-Dec-17 03-Jan-18 12-Jan-18 I

2016 25.62 28-Dec-16 29-Dec-16 03-Jan-17 13-Jan-17 I2016 16.78 04-May-17 05-May-17 09-May-17 26-May-17 F

2015 15.29 28-Dec-15 29-Dec-15 04-Jan-16 15-Jan-16 I2015 17.51 25-Apr-16 26-Apr-16 28-Apr-16 20-May-16 F

2014 11.73 24-Dec-14 29-Dec-14 02-Jan-15 16-Jan-15 I2014 18.52 30-Apr-15 04-May-15 06-May-15 27-May-15 F

28-May-14 12-Jun-14 F

15-Jan-13 I2012 12.36 29-May-13 30-May-13 03-Jun-13 12-Jun-13 F

12-Jun-12 F2012 12.13 29-May-12 30-May-12 01-Jun-12 12-Jun-12 I

2009 17.00 02-Jun-10 03-Jun-10 07-Jun-102010 9.85 26-Nov-10 29-Nov-10 01-Dec-102010 20.50 27-May-11

2012 10.65 26-Dec-12 27-Dec-12 02-Jan-13

3.

1. 2.

6. 7.

29-May-12 30-May-12 01-Jun-12

2013 13.47 26-May-14

6.18%28-Jul-200416-Jul-2008

F10-Dec-10 I09-Jun-11

15,963,903,790

30-May-11 01-Jun-11

2011 53.66

F2011 21.35 28-Nov-11 29-Nov-11 01-Dec-11 09-Dec-11 I

02-Jun-142013 15.30 24-Dec-13 27-Dec-13 02-Jan-14 16-Jan-14 I

78,365,606,900,00031,985,962,000

3. Public (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE8

TRADING ACTIVITIES

SHARES TRADEDVolume (Million Sh.)Value (Billion Rp)Frequency (Thou. X)Days

Price (Rupiah) High Low Close Close*

PER (X)PER Industry (X)PBV (X)* Adjusted price after corporate action

(Thou. Sh.)Volume

(Million Rp)Value

(X)Closing Price Freq.

ADRO

Day

High Low

1,100 1,225 1,439,612 1,768,558

1,110 870 67,166

1,205

995

1,117,337

1,429,5281,670

1,520 81,9701,395 937,416531,927 841,43260,421

81,339 704,697

1,200 1,015 1,150

1,930 1,630 80,279 723,828 1,300,5121,8251,825 72,586 746,680 1,394,964

61,672 708,242 1,281,650

Oct-171,358,622

22 1,644,802 3,661,2052,450 112,3331,810

21

1,174,713 1,247,984

1,385,7421,117,884

1,641,955

21

19 22

21

18

1,314,901 741,787

20

22 23

21

22

21 770 645 730 62,752 1,311,115

21

Oct-14Sep-14 1,390

44,300

49,786 716,44742,790

1,000 70,943

990 835

925Jul-15

835 860760

1,050940 960

1,035 935 950 61,722

44,264

47,125

Apr-17

730,274547,730

771,262

647 916

1,645

Apr-15

Jun-15

875

454,253940

1,050,501

883,826

53,979 1,400,629

66,912

1,680Nov-17

1,940 1,770 1,775 61,224 604,434 1,125,829

1,700 87,243

Jan-14

Jun-14

930May-14

52,885

59,842

950

1,210

Apr-1460,224

92,405

242

Dec-15

Aug-16

Apr-16

863 112244

Mar-15Feb-15Jan-15

Jul-16

710 42,427

1,090 860 1,040 57,749

58,2091,185 920

1,126,593

1,186,836 1,515,182

55,961

789,582

1,137,115

1,355,3371,295,481

1,197,188

927,416 1,196,58287,590

58,308

630

560 441 515 41,140

1,706,381

457,284

880 995

1,185

1,13555,494

1,460,5021,080 1,185 1,079,081 1,241,003

1,340 1,130

510 535 786,360

755775 550 590 58,960

Sep-15Aug-15 650 467 595

1,717,526 1,651,052

59,759 1,369,759 1,357,397

May-15

Adaro Energy Tbk.

21

1,025

1,350 1,170 1,315 67,428

20 20

20

18

Nov-15 21 Oct-15 710 515 595

660 525 55072,13840,268

1,316,804 825,705801,156

409,713481,184

Dec-14

1,320

1,137,398686,954

1,123,969

1,150

20 Nov-14

1,195,084 1,207,282

699,543 490,135945 705 850 85,576 2,086,354 1,771,262

1,173,729

1,145 995 1,040

925

1,163,030

1,175

1,150 980 1,080

1,175

1,438,700 1,627,227

Mar-16

20 Feb-16 20 Jan-16

655 500 605 49,294 992,131 591,215800 610 645 78,161 1,559,369 1,113,338

540 437 525 49,972 717,704

936,423

348,594

20 Jun-16 22 May-16 730 655

22 Feb-17Jan-17 21 1,760 1,655 1,695 73,011 531,367 911,947

1,755 1,615 1,695 53,483 535,620 910,4531,565 1,750 1,205,722Mar-17

21 Sep-16 1,205 82,920

1,240,670 1,799,252

1,195,610 1,863,5431,770 1,580 1,695 78,919Dec-16 20 Nov-16 1,735 1,465 1,530 142,999

21 1,290 1,105

1,757,498 2,829,944

1,003,718 1,206,1851,605 1,250 1,585 93,165Oct-16

May-17 20

22 778,160 1,330,716

1,995 1,805 1,825 80,189 835,382 1,554,666

1,795

1,565 1,785 69,63215

Jul-171,465Jun-17

1,8501,580

Jan-18

16,751 9,198 15,784 15,733 3,661Sep-17

1,860870 441 437

1,040

1,0501,810

1,9951,770

8,99615,19711,97715,254

1,925

1,860 2,450

1,395

730

2014 2015

1,390

1,905 1,695 1,860

Jan-18

12.29 9.27 7.83 14.96 11.2820.76 3.23 0.60

2,650

515

246 238 22

2,450

-4.41 6.07

1,040 515 1,6951,695

21

16

1,845

19

0.89 0.81 0.36 1.18 1.15

20

Mar-14Feb-14

Aug-17

2,650

22

Jul-14Aug-14

Close

1,040 945 980

Month

18 Dec-17

1,935 1,7452,445,129 22

2016 2017

19

19

20 19

17

21

22

19

20

60

120

180

240

300

360

420

480

325

650

975

1,300

1,625

1,950

2,275

2,600

Jan-14 Jan-15 Jan-16 Jan-17 Jan-18

Closing Price* and Trading VolumeAdaro Energy Tbk.Closing

Price* Volume (Mill. Sh)

40.4%

131.1%

52.7%

-90%

-60%

-30%

-

30%

60%

90%

120%

150%

Jan 14 Jan 15 Jan 16 Jan 17 Jan 18

Mining IndexClosing Price*, Jakarta Composite Index (IHSG) and

January 2014 - January 2018

January 2014 - January 2018

Financial Data and Ratios Book End : DecemberPublic Accountant : Tanudiredja, Wibisana, Rintis & Partners (Member of PricewaterhouseCoopers Global Network)

BALANCE SHEET(Million Rp except Par Value)Cash & Cash EquivalentsReceivablesInventoriesCurrent AssetsFixed AssetsOther AssetsTotal AssetsGrowth (%)

Current LiabilitiesLong Term LiabilitiesTotal LiabilitiesGrowth (%)

Authorized CapitalPaid up CapitalPaid up Capital (Shares)Par ValueRetained EarningsTotal EquityGrowth (%)

INCOME STATEMENTSTotal RevenuesGrowth (%)

Cost of RevenuesGross ProfitExpenses (Income)Operating ProfitGrowth (%)

Other Income (Expenses)Income before TaxTaxProfit for the periodGrowth (%)

Period AttributableComprehensive IncomeComprehensive Attributable

RATIOSCurrent Ratio (%)Dividend (Rp)EPS (Rp)BV (Rp)DAR (X)DER(X)ROA (%)ROE (%)GPM (%)OPM (%)NPM (%)Payout Ratio (%)Yield (%)

20,930,154 20,104,075

Dec-14 Dec-15 Dec-16 Dec-17

1,260,706 1,203,096 1,004,079 986,431 1,157,893

3,861,948

ADRO

8,354,6923,822,657 3,571,196 2,732,288 4,099,162 4,354,964

9,267,904 9,689,623 14,469,873 16,350,377

Dec-13

-8.38% 2.29% 0.32%-9.66%

20,237,329 20,747,697

33,927,838 29,595,155 29,672,453 28,105,694 26,408,00539,228,019

385,71282,623,566 79,762,813

43,420,880 35,941,453

5,325,624

-1,411,062 -2,091,6485,144,615 3,999,903

8,000,000 8,000,000 8,000,000 8,000,000 8,000,0003,198,596 3,198,596 3,198,596 3,198,596 3,198,596

14,940,038

31,986 31,986 31,986 31,986 31,986100 100

9.98% 8.98%

-716,019

24,708,307

Dec-16

39,202,687 40,534,794

100

2.64

28.77

-

42.40

1,733.05

13.11

40,308,692 41,355,222 37,029,662 33,915,675 44,143,8952.60% -10.46% -8.41% 30.16%

2.91

65.741,446.01

0.440.78

Dec-17

12.365.63

49.89

1,312,133 2,569,7449,207,368

2,331,558

1,845,565 2,433,2206,303,790

7,267,662

2,102,757 4,495,968 6,547,708

9.0027.15

1,721,080

7,895,235 12,895,325

26,813,687

58.77%

7,019,639

Dec-16

5,129,462

119.76%

247.10

72.46%

-302,0397,343,043 12,593,286

63.33%

2,765,586

-552,193

21,868,555 26,645,136

15,465,069

-7.08% -24.85%

36,765,935

255.94

36,884,701

7.87

204.71

2.506.37

69.171,267.27

164.1730.24

240.3932.80

20.2429.2116.4613.50

2.534.50

-

0.400.67

-

35.03

5.22

6.98

0.490.972.865.627.18

22.5016.26

32.43

1.113.40

1,590.29140.56

Dec-14 Dec-15

2,774,247 1,811,888 2,467,512 5,031,916

5.5143.72

88.701,225.62

0.53

30.16

Dec-13177.19

23.2821.6414.73

0.420.72

100

-3.46%

46,251,875 50,867,111 55,433,363

6,555,677 6,091,551

28,678,8269,069,812 8,950,649

4,577,967

31,238,880

3.40% 14.10%

Dec-13 Dec-14

32,404,572 29,535,382

Dec-17

10,476,695

7,494,280

87,633,0453.05%

2,514,135 2,859,099 2,916,314

268,605 359,651

16,820,685 15,814,016 15,070,207 21,399,719

352,26582,193,328

6.62% 5.35%

9,493,041 9,632,863 6,269,001

248,81192,318,064

20,410,780

2,765,793

2,813,057 2,278,822 2,082,935-18.99% -8.60%

2,837,204 2,212,327

1,779,0124,577,457

Dec-15

8,660,241

Adaro Energy Tbk.

16,302,141 19,132,402100

-

20,000

40,000

60,000

80,000

100,000

2013 2014 2015 2016 2017

Assets LiabilitiesTOTAL ASSETS AND LIABILITIES (Bill. Rp)

39,203 40,53546,252

50,86755,433

2013 2014 2015 2016 2017-1,109

10,200

21,508

32,817

44,125

55,433

TOTAL EQUITY (Bill. Rp)

40,309 41,35537,030

33,916

44,144

2013 2014 2015 2016 2017-883

8,122

17,128

26,133

35,139

44,144

TOTAL REVENUES (Bill. Rp)

2,8132,279 2,083

4,577

7,268

2013 2014 2015 2016 2017-145

1,337

2,820

4,302

5,785

7,268

PROFIT FOR THE PERIOD (Bill. Rp)

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE 9

TRADING ACTIVITIES

SHARES TRADEDVolume (Million Sh.)Value (Billion Rp)Frequency (Thou. X)Days

Price (Rupiah) High Low Close Close*

PER (X)PER Industry (X)PBV (X)* Adjusted price after corporate action

(Thou. Sh.)Volume

(Million Rp)Value

(X)Closing Price Freq.

ADRO

Day

High Low

1,100 1,225 1,439,612 1,768,558

1,110 870 67,166

1,205

995

1,117,337

1,429,5281,670

1,520 81,9701,395 937,416531,927 841,43260,421

81,339 704,697

1,200 1,015 1,150

1,930 1,630 80,279 723,828 1,300,5121,8251,825 72,586 746,680 1,394,964

61,672 708,242 1,281,650

Oct-171,358,622

22 1,644,802 3,661,2052,450 112,3331,810

21

1,174,713 1,247,984

1,385,7421,117,884

1,641,955

21

19 22

21

18

1,314,901 741,787

20

22 23

21

22

21 770 645 730 62,752 1,311,115

21

Oct-14Sep-14 1,390

44,300

49,786 716,44742,790

1,000 70,943

990 835

925Jul-15

835 860760

1,050940 960

1,035 935 950 61,722

44,264

47,125

Apr-17

730,274547,730

771,262

647 916

1,645

Apr-15

Jun-15

875

454,253940

1,050,501

883,826

53,979 1,400,629

66,912

1,680Nov-17

1,940 1,770 1,775 61,224 604,434 1,125,829

1,700 87,243

Jan-14

Jun-14

930May-14

52,885

59,842

950

1,210

Apr-1460,224

92,405

242

Dec-15

Aug-16

Apr-16

863 112244

Mar-15Feb-15Jan-15

Jul-16

710 42,427

1,090 860 1,040 57,749

58,2091,185 920

1,126,593

1,186,836 1,515,182

55,961

789,582

1,137,115

1,355,3371,295,481

1,197,188

927,416 1,196,58287,590

58,308

630

560 441 515 41,140

1,706,381

457,284

880 995

1,185

1,13555,494

1,460,5021,080 1,185 1,079,081 1,241,003

1,340 1,130

510 535 786,360

755775 550 590 58,960

Sep-15Aug-15 650 467 595

1,717,526 1,651,052

59,759 1,369,759 1,357,397

May-15

Adaro Energy Tbk.

21

1,025

1,350 1,170 1,315 67,428

20 20

20

18

Nov-15 21 Oct-15 710 515 595

660 525 55072,13840,268

1,316,804 825,705801,156

409,713481,184

Dec-14

1,320

1,137,398686,954

1,123,969

1,150

20 Nov-14

1,195,084 1,207,282

699,543 490,135945 705 850 85,576 2,086,354 1,771,262

1,173,729

1,145 995 1,040

925

1,163,030

1,175

1,150 980 1,080

1,175

1,438,700 1,627,227

Mar-16

20 Feb-16 20 Jan-16

655 500 605 49,294 992,131 591,215800 610 645 78,161 1,559,369 1,113,338

540 437 525 49,972 717,704

936,423

348,594

20 Jun-16 22 May-16 730 655

22 Feb-17Jan-17 21 1,760 1,655 1,695 73,011 531,367 911,947

1,755 1,615 1,695 53,483 535,620 910,4531,565 1,750 1,205,722Mar-17

21 Sep-16 1,205 82,920

1,240,670 1,799,252

1,195,610 1,863,5431,770 1,580 1,695 78,919Dec-16 20 Nov-16 1,735 1,465 1,530 142,999

21 1,290 1,105

1,757,498 2,829,944

1,003,718 1,206,1851,605 1,250 1,585 93,165Oct-16

May-17 20

22 778,160 1,330,716

1,995 1,805 1,825 80,189 835,382 1,554,666

1,795

1,565 1,785 69,63215

Jul-171,465Jun-17

1,8501,580

Jan-18

16,751 9,198 15,784 15,733 3,661Sep-17

1,860870 441 437

1,040

1,0501,810

1,9951,770

8,99615,19711,97715,254

1,925

1,860 2,450

1,395

730

2014 2015

1,390

1,905 1,695 1,860

Jan-18

12.29 9.27 7.83 14.96 11.2820.76 3.23 0.60

2,650

515

246 238 22

2,450

-4.41 6.07

1,040 515 1,6951,695

21

16

1,845

19

0.89 0.81 0.36 1.18 1.15

20

Mar-14Feb-14

Aug-17

2,650

22

Jul-14Aug-14

Close

1,040 945 980

Month

18 Dec-17

1,935 1,7452,445,129 22

2016 2017

19

19

20 19

17

21

22

19

20

60

120

180

240

300

360

420

480

325

650

975

1,300

1,625

1,950

2,275

2,600

Jan-14 Jan-15 Jan-16 Jan-17 Jan-18

Closing Price* and Trading VolumeAdaro Energy Tbk.Closing

Price* Volume (Mill. Sh)

40.4%

131.1%

52.7%

-90%

-60%

-30%

-

30%

60%

90%

120%

150%

Jan 14 Jan 15 Jan 16 Jan 17 Jan 18

Mining IndexClosing Price*, Jakarta Composite Index (IHSG) and

January 2014 - January 2018

January 2014 - January 2018

Financial Data and Ratios Book End : DecemberPublic Accountant : Tanudiredja, Wibisana, Rintis & Partners (Member of PricewaterhouseCoopers Global Network)

BALANCE SHEET(Million Rp except Par Value)Cash & Cash EquivalentsReceivablesInventoriesCurrent AssetsFixed AssetsOther AssetsTotal AssetsGrowth (%)

Current LiabilitiesLong Term LiabilitiesTotal LiabilitiesGrowth (%)

Authorized CapitalPaid up CapitalPaid up Capital (Shares)Par ValueRetained EarningsTotal EquityGrowth (%)

INCOME STATEMENTSTotal RevenuesGrowth (%)

Cost of RevenuesGross ProfitExpenses (Income)Operating ProfitGrowth (%)

Other Income (Expenses)Income before TaxTaxProfit for the periodGrowth (%)

Period AttributableComprehensive IncomeComprehensive Attributable

RATIOSCurrent Ratio (%)Dividend (Rp)EPS (Rp)BV (Rp)DAR (X)DER(X)ROA (%)ROE (%)GPM (%)OPM (%)NPM (%)Payout Ratio (%)Yield (%)

20,930,154 20,104,075

Dec-14 Dec-15 Dec-16 Dec-17

1,260,706 1,203,096 1,004,079 986,431 1,157,893

3,861,948

ADRO

8,354,6923,822,657 3,571,196 2,732,288 4,099,162 4,354,964

9,267,904 9,689,623 14,469,873 16,350,377

Dec-13

-8.38% 2.29% 0.32%-9.66%

20,237,329 20,747,697

33,927,838 29,595,155 29,672,453 28,105,694 26,408,00539,228,019

385,71282,623,566 79,762,813

43,420,880 35,941,453

5,325,624

-1,411,062 -2,091,6485,144,615 3,999,903

8,000,000 8,000,000 8,000,000 8,000,000 8,000,0003,198,596 3,198,596 3,198,596 3,198,596 3,198,596

14,940,038

31,986 31,986 31,986 31,986 31,986100 100

9.98% 8.98%

-716,019

24,708,307

Dec-16

39,202,687 40,534,794

100

2.64

28.77

-

42.40

1,733.05

13.11

40,308,692 41,355,222 37,029,662 33,915,675 44,143,8952.60% -10.46% -8.41% 30.16%

2.91

65.741,446.01

0.440.78

Dec-17

12.365.63

49.89

1,312,133 2,569,7449,207,368

2,331,558

1,845,565 2,433,2206,303,790

7,267,662

2,102,757 4,495,968 6,547,708

9.0027.15

1,721,080

7,895,235 12,895,325

26,813,687

58.77%

7,019,639

Dec-16

5,129,462

119.76%

247.10

72.46%

-302,0397,343,043 12,593,286

63.33%

2,765,586

-552,193

21,868,555 26,645,136

15,465,069

-7.08% -24.85%

36,765,935

255.94

36,884,701

7.87

204.71

2.506.37

69.171,267.27

164.1730.24

240.3932.80

20.2429.2116.4613.50

2.534.50

-

0.400.67

-

35.03

5.22

6.98

0.490.972.865.627.18

22.5016.26

32.43

1.113.40

1,590.29140.56

Dec-14 Dec-15

2,774,247 1,811,888 2,467,512 5,031,916

5.5143.72

88.701,225.62

0.53

30.16

Dec-13177.19

23.2821.6414.73

0.420.72

100

-3.46%

46,251,875 50,867,111 55,433,363

6,555,677 6,091,551

28,678,8269,069,812 8,950,649

4,577,967

31,238,880

3.40% 14.10%

Dec-13 Dec-14

32,404,572 29,535,382

Dec-17

10,476,695

7,494,280

87,633,0453.05%

2,514,135 2,859,099 2,916,314

268,605 359,651

16,820,685 15,814,016 15,070,207 21,399,719

352,26582,193,328

6.62% 5.35%

9,493,041 9,632,863 6,269,001

248,81192,318,064

20,410,780

2,765,793

2,813,057 2,278,822 2,082,935-18.99% -8.60%

2,837,204 2,212,327

1,779,0124,577,457

Dec-15

8,660,241

Adaro Energy Tbk.

16,302,141 19,132,402100

-

20,000

40,000

60,000

80,000

100,000

2013 2014 2015 2016 2017

Assets LiabilitiesTOTAL ASSETS AND LIABILITIES (Bill. Rp)

39,203 40,53546,252

50,86755,433

2013 2014 2015 2016 2017-1,109

10,200

21,508

32,817

44,125

55,433

TOTAL EQUITY (Bill. Rp)

40,309 41,35537,030

33,916

44,144

2013 2014 2015 2016 2017-883

8,122

17,128

26,133

35,139

44,144

TOTAL REVENUES (Bill. Rp)

2,8132,279 2,083

4,577

7,268

2013 2014 2015 2016 2017-145

1,337

2,820

4,302

5,785

7,268

PROFIT FOR THE PERIOD (Bill. Rp)

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE10

AKR CORPORINDO TBK.

Company Profile PT AKR Corporindo Tbk. was established in Surabaya on November 28th, 1977. In 2004, the Company changed its name from PT Aneka Kimia Raya Tbk. to PT AKR Corporindo Tbk. The Company started its commercial operations in June 1978.

The Companys scope of activities comprises of chemical industry, general trading and distribution of primarily chemical products and petroleum products and gas, engaging in the logistics business, transportation (including for own use and for transport operations by land or sea and operations of pipe for sea transportation infrastructure), rental of warehouses and storage tanks, including workshop, expedition and packaging, conducting a business and acting as a representative and/or an agent, with distributorship agreements with foreign and local entities, contractors and other services except legal services.

The Company is domiciled at Wisma AKR, 8th Floor, JIn. Panjang No. 5, Kebon Jeruk, Jakarta. Its major branch office is located at JIn. Sumatra No. 51-53, Surabaya. Other sales offices also the tank terminals are located in Medan, Palembang, Lampung, Ciwandan (Banten), Bandung, Semarang, Pontianak, Balikpapan, Banjarmasin, Stagen (South Kalimantan), Makassar, Manado and Bali. The Company also has a representative office in Guigang, China.

PT AKR Corporindo Tbk. reported that the Company has been appointed by BPH Migas as the Implementing Business Entity to Procure and Distribute Certain type of Fuels for the next 5 years from 2018 to 2022. In 2018, AKR will get quota of 250,000 KL diesel fuel to be distributed throughout Indonesia.

During 2017, awards for PT AKR Corporindo Tbk. : The Most Commited to Corporate Governance (ranked 8th) by Finance Asia, Top 50 Public Listed Companies based on Asean Corporate Governance Scorecard of IICD, etc.

As of September 30th, 2017, the Company and subsidiaries had 2,145 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Trade, Services & Investment (9) Listed Shares : Industry Sub Sector : Wholesale (Durable & Non-Durable Goods) (91) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO :

PT Lippo Securities DIVIDEND ANNOUNCEMENTSecurities Administration Bureau : Cash Recording Payment

Dividend Cum Date Ex Date Date Date

Phone : (021) 252-5666Fax : (021) 252-5028

BOARD OF COMMISSIONERSSoegiarto AdikoesoemoI Nyoman Mastra *)Mahendra Siregar

*) Independent Commissioners

BOARD OF DIRECTORSHaryanto AdikoesoemoArief Budiman UtomoBambang Soetiono SoedijantoJimmy TandyoMery SofiNery Polim ISSUED HISTORYSuresh Vembu Listing TradingTer Murti Tiban Type of Listing Date Date

AUDIT COMMITTEE :I Nyoman MastraEdwin Gerungan :Sahat Pardede :

:CORPORATE SECRETARYHarryati Utami

:HEAD OFFICE :

::

Phone : (021) 531-1110Fax : (021) 531-1388 :

:Homepage : www.akr.co.id :Email : harryati.utami@akr.co.id :

tami@akr.co.id ::20. Opsi MSOP Conversion 114,776,500 T: Formula 09-Apr-10

17. MSOP Tahun 2015 Vesting 2 16,021,090,780 T: 05-Apr-17 09-Oct-1718. MSOP Tahun 2016 Vesting 1 16,021,968,780 T: 05-Apr-17 09-Oct-1719. OPSI Conversion 18,292,500 T: Formula 11-Apr-08

14. MSOP Tahun 2014 Vesting 2 14,647,500 08-Apr-16 08-Apr-1615. MSOP Tahap II Tahun 2013 26,549,435 T: 11-Apr-16 13-Apr-1616. MSOP Tahun 2015 Vesting 1 1,554,000 T: 11-Oct-16 12-Oct-16

11. MSOP Tahap I Tahun 2012 Vesting 3 3,735,000 05-Oct-15 05-Oct-1512. MSOP Tahap II Tahun 2013 Vesting 2 3,546,261 T: 05-Oct-15 08-Oct-1513. MSOP Tahun 2014 Vesting 1 2,036,400 T: 07-Oct-15 12-Oct-15

9,996,174 07-Oct-14 07-Oct-148. MSOP I (2012) 2, II (2013) 1 200,000 09-Oct-14 09-Oct-149. MSOP I (2012) 3, MSOP II (2013) 2 20,525,500 T: 06-Apr-15 07-Apr-15

10. MSOP I (2012) 3, MSOP II (2013) 2, MSOP 2014 5,549,400 T: 08-Apr-15 10-Apr-15

3. Bonus Shares 39,000,000 01-Apr-96 01-Apr-964. Stock Split 2,600,000,000 T: 30-Sep-96 27-Jul-075. Right Issue 1,043,658,500 T: 20-Dec-04 16-Feb-10

1.

6. 7.

1. 2. 3.

AKR Building 8th FloorJln. Panjang No.5, Kebon JerukJakarta

Bonus F/IYear

30.00 19-Nov-10 22-Nov-10 24-Nov-10 09-Dec-10 I

No. Shares1. First Issue 15,000,000 03-Oct-94 03-Oct-942. Company Listing 50,000,000 T: 03-Oct-94 06-May-95

6. MSOP V (2011) 3, I (2012) 2, I (2013) 1 22,714,000 T: 04-Apr-14 11-Apr-147. MSOP V (2011) 3, I (2012) 2, II (2013) 1

2017 100.00 01-Aug-17 02-Aug-17 04-Aug-17 15-Aug-17 I

2016 70.00 02-Aug-16 03-Aug-16 05-Aug-16 25-Aug-16 I2016 50.00 28-Apr-17 02-May-17 04-May-17 19-May-17 F

10-May-16 25-May-16 F

2014 50.00 09-Sep-14 10-Sep-14 12-Sep-14 26-Sep-14 I2014 80.00 12-May-15 13-May-15 18-May-15 29-May-15 F

04-Oct-13 I2013 65.00 05-Jun-14 06-Jun-14 10-Jun-14 24-Jun-14 F

2015 100.00 07-Aug-15 08-Aug-15 12-Aug-15 21-Aug-15 I

2011 200.00 22-Aug-11 23-Aug-11 25-Aug-112011 25.00 06-Jun-12 07-Jun-12 11-Jun-122012 40.00 26-Dec-12

5.

3. 4.

8.

18-Sep-13 19-Sep-13 23-Sep-13

2015 20.00 09-May-16

41.53%28-Nov-197703-Oct-1994

27-Dec-12 02-Jan-13

2013 50.00

I2012 65.00 31-May-13 03-Jun-13 05-Jun-13 20-Jun-13 F

12-May-16

24,939,400,639,5004,006,329,420

I25-Jun-12 F16-Jan-13

125.471

1. 58.47%

PT Raya Saham RegistraPlaza Central Building 2nd Fl.

1. 2.

08-Sep-11

3.

AKR Corporindo Tbk.

2010

20-Jun-1114-Mar-11 29-Mar-11

06-Jun-11Jln. Jend. Sudirman Kav. 47-48, Jakarta 12930

2.00 31-May-11 01-Jun-11135.002010

AKRA

2.

16-Mar-11 IF

Shares

2.

201011-Mar-11

PT Arthakencana RayatamaPublic (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE 11

AKR CORPORINDO TBK.

Company Profile PT AKR Corporindo Tbk. was established in Surabaya on November 28th, 1977. In 2004, the Company changed its name from PT Aneka Kimia Raya Tbk. to PT AKR Corporindo Tbk. The Company started its commercial operations in June 1978.

The Companys scope of activities comprises of chemical industry, general trading and distribution of primarily chemical products and petroleum products and gas, engaging in the logistics business, transportation (including for own use and for transport operations by land or sea and operations of pipe for sea transportation infrastructure), rental of warehouses and storage tanks, including workshop, expedition and packaging, conducting a business and acting as a representative and/or an agent, with distributorship agreements with foreign and local entities, contractors and other services except legal services.

The Company is domiciled at Wisma AKR, 8th Floor, JIn. Panjang No. 5, Kebon Jeruk, Jakarta. Its major branch office is located at JIn. Sumatra No. 51-53, Surabaya. Other sales offices also the tank terminals are located in Medan, Palembang, Lampung, Ciwandan (Banten), Bandung, Semarang, Pontianak, Balikpapan, Banjarmasin, Stagen (South Kalimantan), Makassar, Manado and Bali. The Company also has a representative office in Guigang, China.

PT AKR Corporindo Tbk. reported that the Company has been appointed by BPH Migas as the Implementing Business Entity to Procure and Distribute Certain type of Fuels for the next 5 years from 2018 to 2022. In 2018, AKR will get quota of 250,000 KL diesel fuel to be distributed throughout Indonesia.

During 2017, awards for PT AKR Corporindo Tbk. : The Most Commited to Corporate Governance (ranked 8th) by Finance Asia, Top 50 Public Listed Companies based on Asean Corporate Governance Scorecard of IICD, etc.

As of September 30th, 2017, the Company and subsidiaries had 2,145 permanent employees.

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication it should not be by any person relied upon as the basis for taking any action or making any decision. The Indonesia Stock Exchange cannot be held liable or otherwise responsible in anyway for any advice action taken or decision made on the basis of the facts and opinions stated or expressed or stated within this publication.

COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Main Board Individual Index : Industry Sector : Trade, Services & Investment (9) Listed Shares : Industry Sub Sector : Wholesale (Durable & Non-Durable Goods) (91) Market Capitalization :

COMPANY HISTORY SHAREHOLDERS (January 2018)Established Date : :Listing Date : :Underwriter IPO :

PT Lippo Securities DIVIDEND ANNOUNCEMENTSecurities Administration Bureau : Cash Recording Payment

Dividend Cum Date Ex Date Date Date

Phone : (021) 252-5666Fax : (021) 252-5028

BOARD OF COMMISSIONERSSoegiarto AdikoesoemoI Nyoman Mastra *)Mahendra Siregar

*) Independent Commissioners

BOARD OF DIRECTORSHaryanto AdikoesoemoArief Budiman UtomoBambang Soetiono SoedijantoJimmy TandyoMery SofiNery Polim ISSUED HISTORYSuresh Vembu Listing TradingTer Murti Tiban Type of Listing Date Date

AUDIT COMMITTEE :I Nyoman MastraEdwin Gerungan :Sahat Pardede :

:CORPORATE SECRETARYHarryati Utami

:HEAD OFFICE :

::

Phone : (021) 531-1110Fax : (021) 531-1388 :

:Homepage : www.akr.co.id :Email : harryati.utami@akr.co.id :

tami@akr.co.id ::20. Opsi MSOP Conversion 114,776,500 T: Formula 09-Apr-10

17. MSOP Tahun 2015 Vesting 2 16,021,090,780 T: 05-Apr-17 09-Oct-1718. MSOP Tahun 2016 Vesting 1 16,021,968,780 T: 05-Apr-17 09-Oct-1719. OPSI Conversion 18,292,500 T: Formula 11-Apr-08

14. MSOP Tahun 2014 Vesting 2 14,647,500 08-Apr-16 08-Apr-1615. MSOP Tahap II Tahun 2013 26,549,435 T: 11-Apr-16 13-Apr-1616. MSOP Tahun 2015 Vesting 1 1,554,000 T: 11-Oct-16 12-Oct-16

11. MSOP Tahap I Tahun 2012 Vesting 3 3,735,000 05-Oct-15 05-Oct-1512. MSOP Tahap II Tahun 2013 Vesting 2 3,546,261 T: 05-Oct-15 08-Oct-1513. MSOP Tahun 2014 Vesting 1 2,036,400 T: 07-Oct-15 12-Oct-15

9,996,174 07-Oct-14 07-Oct-148. MSOP I (2012) 2, II (2013) 1 200,000 09-Oct-14 09-Oct-149. MSOP I (2012) 3, MSOP II (2013) 2 20,525,500 T: 06-Apr-15 07-Apr-15

10. MSOP I (2012) 3, MSOP II (2013) 2, MSOP 2014 5,549,400 T: 08-Apr-15 10-Apr-15

3. Bonus Shares 39,000,000 01-Apr-96 01-Apr-964. Stock Split 2,600,000,000 T: 30-Sep-96 27-Jul-075. Right Issue 1,043,658,500 T: 20-Dec-04 16-Feb-10

1.

6. 7.

1. 2. 3.

AKR Building 8th FloorJln. Panjang No.5, Kebon JerukJakarta

Bonus F/IYear

30.00 19-Nov-10 22-Nov-10 24-Nov-10 09-Dec-10 I

No. Shares1. First Issue 15,000,000 03-Oct-94 03-Oct-942. Company Listing 50,000,000 T: 03-Oct-94 06-May-95

6. MSOP V (2011) 3, I (2012) 2, I (2013) 1 22,714,000 T: 04-Apr-14 11-Apr-147. MSOP V (2011) 3, I (2012) 2, II (2013) 1

2017 100.00 01-Aug-17 02-Aug-17 04-Aug-17 15-Aug-17 I

2016 70.00 02-Aug-16 03-Aug-16 05-Aug-16 25-Aug-16 I2016 50.00 28-Apr-17 02-May-17 04-May-17 19-May-17 F

10-May-16 25-May-16 F

2014 50.00 09-Sep-14 10-Sep-14 12-Sep-14 26-Sep-14 I2014 80.00 12-May-15 13-May-15 18-May-15 29-May-15 F

04-Oct-13 I2013 65.00 05-Jun-14 06-Jun-14 10-Jun-14 24-Jun-14 F

2015 100.00 07-Aug-15 08-Aug-15 12-Aug-15 21-Aug-15 I

2011 200.00 22-Aug-11 23-Aug-11 25-Aug-112011 25.00 06-Jun-12 07-Jun-12 11-Jun-122012 40.00 26-Dec-12

5.

3. 4.

8.

18-Sep-13 19-Sep-13 23-Sep-13

2015 20.00 09-May-16

41.53%28-Nov-197703-Oct-1994

27-Dec-12 02-Jan-13

2013 50.00

I2012 65.00 31-May-13 03-Jun-13 05-Jun-13 20-Jun-13 F

12-May-16

24,939,400,639,5004,006,329,420

I25-Jun-12 F16-Jan-13

125.471

1. 58.47%

PT Raya Saham RegistraPlaza Central Building 2nd Fl.

1. 2.

08-Sep-11

3.

AKR Corporindo Tbk.

2010

20-Jun-1114-Mar-11 29-Mar-11

06-Jun-11Jln. Jend. Sudirman Kav. 47-48, Jakarta 12930

2.00 31-May-11 01-Jun-11135.002010

AKRA

2.

16-Mar-11 IF

Shares

2.

201011-Mar-11

PT Arthakencana RayatamaPublic (

RESEARCH AND DEVELOPMENT DIVISION INDONESIA STOCK EXCHANGE12

TRADING ACTIVITIES

SHARES TRADEDVolume (Million Sh.)Value (Billion Rp)Frequency (Thou. X)Days

Price (Rupiah) High Low Close Close*

PER (X)PER Industry (X)PBV (X)* Adjusted price after corporate action

(Thou. Sh.)Volume

(Million Rp)Value

(X)Closing Price Freq.

790,7004,255

4,125 4,125

4,400 188,850

6,325Nov-17

6,900 6,125 6,775 23,772 140,743 911,661

6,350 42,017

999,074

1,212,9766,750

6,625 32,4836,200 190,007148,574 961,25122,757

43,221 156,567

7,100 6,550 6,675

7,275 6,725 27,515 142,978 1,001,6447,1007,450 33,955 142,553 1,039,572

32,337 104,789 651,083

Oct-17128,417

22 131,444 827,6966,225 40,9896,150

21

192,944 900,889

768,3461,245,406

160,511

21

19 22

21

18

161,322 912,186

20

22 23

21

22

21 7,100 6,350 6,500 52,211 183,729

21

Nov-14Oct-14Sep-14 5,825

45,702

32,243 261,34722,396

4,695 50,776

5,675 4,960

6,225Jul-15

5,000 5,4755,925

4,7504,565 4,870

5,200 4,800 5,125 24,742

24,500

54,597 20

28,5695,475 4,700 4,925

Mar-17

Oct-16

Jun-176,900

6,525

385

2014 2015

30,471

Apr-17

877,200114,486

156,416

481 545

131

Apr-15

Jun-15

5,200

645,4795,775

234,929

111,597

27,389 161,693

34,867

175,805 789,077

855,524

4,820 4,175 32,248

5,200

4,640 4,175 4,330

4,625 4,200 4,560

4,770

Jan-14

Jun-14

4,625May-14

34,928

26,447

4,400

4,750

Apr-1430,225

43,220

242

Dec-15

Aug-16

Apr-16

379 41244

840,663

165,098 786,913

34,583

601,606

274,374

781,369161,251

187,729

160,850 853,49329,475

26,710

6,075

7,300 6,075 7,175 45,178

796,156

1,012,181

Mar-15Feb-15Jan-15

Jul-16

AKRA

5,500 5,850 175,509

5,1006,100 5,200 5,750 34,681

Sep-15Aug-15 6,100 5,225 6,075

151,840 680,984

30,860 182,352 874,778

May-15

AKR Corporindo Tbk.

21

4,920

5,375 4,400 5,250 25,846

20 20

20

18

Nov-15 21 Oct-15 6,225 5,600 5,900

6,200 5,775 6,10068,11270,486

205,663 1,197,809339,847

1,055,4582,046,075

Dec-14

4,750

198,6861,384,596

1,040,676

5,050

6,400 55,208

6,925 6,400 6,750 38,261 108,541 727,304

207,763 1,272,9826,475 5,800 6,400 42,995 187,797 1,152,130

178,895

4,680 3,950 4,120

4,110

155,464

5,450

4,950 4,540 4,650

142,869 969,694

Mar-16

20 Feb-16 20 Jan-16

8,450 7,150 8,175 48,921 135,035 1,050,4758,075 6,750 6,950 62,967 158,482 1,164,531

7,900 6,700 7,350 51,362 203,633

1,240,587

1,469,733

20 Jun-16 22 May-16 6,500 5,725

22 Feb-17Jan-17 21 6,875 5,650 6,675 29,072 87,885 552,709

6,975 6,100 6,350 33,583 103,395 676,5916,050 6,250 995,019

21 Sep-16 6,450 30,439

92,819 619,382

95,054 587,7526,775 5,400 6,000 44,065Dec-16 20 Nov-16 7,075 6,300 6,675 41,080

21 6,950 6,200

93,118 629,803

95,807 637,5837,100 6,325 7,100 33,904

May-17 20

22 182,010 1,169,054

7,000 6,500 6,775 24,600 161,013 1,074,865

6,825

6,250 6,900 33,58815

Jul-176,275

22

6,225

Jan-18

9,991 12,745 11,522 11,148 828Sep-17

6,3503,950 4,110 5,400

4,120

7,3006,150

8,0258,450

1,6891,7052,3162,141

7,700

6,350 6,225

5,6505,825

6,475 5,925 6,350

Jan-18

26.19 20.90 27.41 22.65 26.2215.42 22.13 14.53

6,575

7,175

246 238

19.07 8.98

4,120 7,175 6,0006,000

21

16

6,750

19

Day

High Low Close

5,200 4,490 4,835

Month

20

3.17 2.84 3.89 3.06 3.24

20

Mar-14Feb-14

Aug-17

6,575

22

Jul-1