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PT. ATS, PT. TAS, and PT. ATP is Proceeding for an IPO

Three of PT. BMS’ subsidiaries PT. ATS, PT. TAS, and PT. ATP are intended to

have an IPO in 2017 to be listed in Singapore Stock Exchange. Currently the 2

mining subsidiaries and real estate subsidiary are to be undergoing Legal Due

Dilligence by TILA & Partner starting October 2016.

The three subsidiaries are intended to be starting pillars for PT. BMS expansion

to the market, and to expand opportunities not only in Indonesia, but also in

Singapore.