| Laporan Auditor 2008 | y Auditor's Report for 2008 | | PT ACE HARDWARE INDONESIA Tbk. Laporan Auditor independen _ Independent Auditor’s Report dan Laporan Keuangan —_and Financial Statements i } Untuk Tahun-tahun yang Berakhir For the Years Ended 31 Desember 2008 dan 2007 December 31, 2008 and 2007 ba| Halaman ini sengaja dikosongkan This page is intentionally left blank i PT ACE HAROWAREINOONESIAThk EE‘The hetptul place. Tentang Tanggung Jawab sias Lanoran Kevangan Regarding to tha Rosponsibity for the Fiaancia Ststorents untuk Tahus-tahuin Yang Berakhir Pada $1 Deseebar 2808 dan 2007 Forthe Years Ended Decomuar 28, 2008 and 2007 PT Ace Hacdware indonesia Tbk No: DRYFINGIACEIEOE He the eters Praows hiya Krsna ghecarigg Waa nawan 1 Navat same Marat Fee’ ¢ Nerval Comrisl:sesupi oT 310 Cant Hartanto Ojasman pg Kane ha aha eto ema ibaa OF dae omaun Fane onarcenty of BP Be Pasay vonssa 67 dove Mover. on gar Jess Any Sean St amg » nthe francine wee ekoesa TE Bean 1 ogame Te has Ingle sar er sty oa b)lagoten te angan PT te 9 coe Bar rsa inves MeyRSM AAJ Associates NomoriNumber. RIO56.GA-SI5.2103109 e Laporan Auditor independen Independent Auditors’ Report Pemegang Scham, Dewan Korrisans dan Direksi The Stocktioléers, the Board of Commissioners and Directors PT Ace Hardware indonesia Tk Kami telah mengaudit_ neraca PT Ace Hardware Indonesia Tok tanggal 31 Desember 2008 dan 2007, dan lagoran taba cugi, laporan garubahan ekuitas serie Iaporan stus kas untuk tahunctalun yang berathie yada tanggal tersebut Lapbran keuangan adalah tanggung jawab manajemen Perusahaan. Tanggung jawab bmi tedalsk pada pemyetaan peedapat alas. leporan keuangan berdasarkan audi kar Kami melaksanzkan aueit berdasrkan stendar auditing yang dielagkan tnsttet Akuorsn Publk Indonesia ‘Standar tersebut mecgharuskan kami merencarakan dar melaksanakan audi agar semperoleh keyahman remodai hahwa faparan kevangan bebas dati sian si material. Suats audit meiput pemerisab, 388 daser pengujan, bukt-buMi yang mendukung jumian-jrlah dan pengungkapan dalam lapore keuargan, Audi juga ‘malipat paniaian alas pinsip akuntansi yang digunakan an estinas! sgnifken yang davat olen mengjemen, sone pentaian terhadap penyijan laporan keuangun secara keselurihan. Kari yaia bahia anit tar rmembackan dasar memedai untskmenyataan pendapa. Vhecni vse ‘Wo have audited the balance sheets of PT Ace Hardware indonesia Thk as of December 31, 2008 and 2007, andthe telated statements of income, changes in stockholders’ equly and cash flows forthe years then erod These financial statements are the respensibaty ofthe Company's management. Ourresgonsity to express anopciancn tase nancial statements hased on our aud. We conducted our audits sv accordance with aug Standaros established by the Indonesian insteute of Cortion Public Accountants, Those standards requte that we plan and petoxm {0 obtain reasonable assinance about witli the Bravia statements are feo ‘fmatoriatmisstaloment Ar aut nchades exaniieg, 0° 3 test basis, evidence supporting the amcutis asd aisciasures in the fiienciet statamants. An audt also ‘neudes assessing the accounting princibies used and ‘ignifcent estimates made by managemont, a8 well a5 evaluating the overal financial statement presentation, We ‘aitove that our avs proride a reasonable bas's for cur cieronMenu pendapat tami. laporan kevangan lersebut dh alas menyajkan sevara woja, dalam semua Fal yang material, posisi Kevangan PT Ace Hardware tndonesia ‘Tok tanggal 31 Desember 2008 dan 2087, dan hast useha, perubatian ehutas serta anus kes untok tahun: {tahun berakhic pada tanggal tersebut sesual dengan einsip akuntans! yang bericku umam dt Indonesia tn our opinion te finastcai statements referred to above present fait, al meter respects, the facial past ‘of PT fice Hardware indonesia Tok a8 of December 31, 2008 and 2007, ard the resuis of ts operations, changes in ifs stockholders equity and its cash Rows forthe years then ended im conformity with accounting principtes generally accented in ngonesia, Dedy Sutrisnad? Nomar izin Akuntan Publi: 03.1.0982 Pubic Accountant License Number: 03 982 Jakeds, 17 Pebruadi/ February 17 2008 ‘he assoc fara st be Fees on cw ico peset paras, changer in stocker an cao ase ance wen gaan press det 005 Gaver BEANE es MM TE STI ‘indo decay te aocorsanyng balance set dale Irae of sone, changes ocHhodbNs” aby we ca ows are oct cosine Kee Pose wo ate fo; inkemes sbact cst arto pioehtes. precedes 30d praaces. eeeRI056.GA-SI5.2103/09 PT ACE HARDWARE INDONESIA Tbk PT ACE HARDWARE INDONESIA Tok NERACA BALANCE SHEETS Per 31 Desember 2008 dan 2007 Aso December 31,2008 and 207 (Dalam Rupah Penh) in Bs Rupa) aser cata a ‘oor AsseTs Neo __p ap set Lancer Cannes apd aKa 22,30 semmess — saeersTOes Gash eno cosh Eqiint Invest ek Pen Zed tesamessuene — sesce0000200 Shateon neste Paden Usb 2es Acct Roce Pak Rtn sens an reseieass ase ‘oi Pres Ph Kena omasesze3 981708884 Thi Paes Pera aintan ‘er Racsiies Pa ibnaan sen 2am armbar denen ‘atte Fares Pak Kane Senstia wpe hPa Peron ze seromnseaae 818805 itn Paes Diep ca 2188 = TERA Pet Tox Dan Dar Dg? rasdnausaes 10336208100, Pca Eun arg Moxa Pentetan 8D _ mpgs mazar ‘aianon Pawns na et ear Bormaegn _psrz0se Tat came sete set Tak Lancer en Corot Assets Patan bergen sires 2a SAAT ante eet etd Paes Beton Osa Moka Sarg Parana 2qt mehoeney aan rate Lang roa Eersos ‘oa Palak Taran aivtse ST 5 Defra Tx ass Dow Tel 2h2n8 Fd ses (Seton drag akan penton (ate ocendsted pectin of See Ro UE ZTTF CN 9 $9838 127,87 ond 773855434, rasp ase sr par aiegessato cf Bacon, 34 Desorbo 2006 2007) 5 BrmeeioTe — seetEaHI ES 20 ad 207, esti) AostLahssin zi *_pigssasgare _weasassano ter Ass Jo Aa isk ner osset ieee.) Tornoe Crass UMLAM ABET rs0aresg ree rO4ata 625.281 TOTALASSETS, ‘Ura Catan alas LaporenKeuangan yang merypakan ‘See the Accompanying Notes which ae L ‘agian yang tak epishan dai Laporan ir on negra prof hese Fanci Statens I 1 i iR056.GA-S'5.2/03109 T ACE HARDWARE INDONESIA Tbk PT AGE HARDWARE INDONESIA Tbk : NERACA (Lanjutan) BALANCE SHEETS (Continued) er 31 Desembor 2008 dan 2007 ‘Asof December 31,2008 and 2007 : {Dsiam Rupah Perahy {in Fol poh) ‘WANBAN OA ExUTAS last Eo ‘mss ano sTocKHOLoERS* : om fe Be ‘aur : ein ance caret ties ing Us aathae decors Pati . Fae tren sera 2x sathist—amsasears ‘ae Pate Prato eros — sania. Tred Paee erga Porn 2 aime 5a eset Cores 1 sepa tance 8 i Fae hak ren ma 2x ssa sar 00 es Paes : Packs souxoan = rsmaeatt Tides ‘an alas yee au naar Spcaran Joc Beets : ine Pak ais) _mimanst moins Teme Pre Jon Kean arr Sasa nares Teste Litan Kean Tis ae an Corot Les onitn Desir 3 tin ina titer Pot : aes ee 2418 _mgissroon0 __ asso ago ‘Erp Bose OMAR KEHAIEAS srewvegeyi2e _ rsa. snae rota. uaausnes : formas STOCKHOLDERS EQUITY otal Sonen- eon porte apts tsar pe ‘Mota 46000000 stan Auto ap -6 6,000 te ota Dtenpen in Dan Pouh teed aay Pat 5 ‘rsscooam ster 1#——srstnenoson —rsacono0e risamoto shane Toros se tear shearer ze ss Pas ec Sata rab asa 5005 - Tray Sek i aba ated Connce Teh Bonar Pgs ® saxofon - ‘pees ; Bm esa Perea weer _ewaznen wap i sts Siam Tee sire Tatts Eo JULI KEMASBANOAN TOTAL UABLITES AND exomas masrescorm _ souysesees sTocwounens eau 1} Lat Gattn sas Lapran Kevan yang mennakan ‘Soe the Accompanying Nets which aro tbagan yang tit erpsottan das Lapa a a her pat of tase Francia StatementsRI056.GA-S/5.2103/09 PT ACE HAROWARE INDONESIA Tb PT ACE HARDWARE INDONESIA Tok LAPORAN LABA RUGI ‘STATEMENTS OF INCOME nut Tahuntahun yang Berar 31 Ostembet 2008 dan 2007 Fe the Yous Endod Dacomber J, 2068 and 2007 {Qalem Furiah Pena) {in Ful Ruin) cates ae ao ie ® ‘ PERUNANEERSH aan amamaaue see sersnues EDA POROKPEXLALAN ann manus _ sourenmn 0sr0F 6000s sD asa roron sapisams were ‘oss Prom i scxacuia aa oreo eres i Penualan 2284 360.566 ONSET APD ‘Seting | an ce i crane __shaasey srr anand air ! Sheen ke wag maT! Te Caps | vowun cma ams sencmnnne | PENGHASLAN BEBAN LAMAN TER CONE CHES) Penanac sez resem ettcons i Peon ea Nanonr fsstaeeee—tuaneet ters itr Ft | Keser eh Kea famaansnt riz) Canos)onronen Ege | semen fisssoeg aster ‘otras i Betaneamgeiare crssrsiass reese) Ob: ean Chae | eurirgen Pesan As! Tp 8 Mest (in cn Slo Fad sat (nan oma ne then Ari Pact ta Linn Bash Tlie Tian Tees balan (ot Het | Ub SERELUMPAIAKPENCHASILAN tunes _ssoratsom |Noowe rome cone TAX | loess Menu ane PGMA —21e oar x I raat oso pao) Sore or | Pao Tagan sed rssairon; ser 2662 Dobred Fae I Seon ae Penge-8en gums Bias Theta Ts psa ee css aman ve L t ABA PER SAHA DASAR poze 730 9 ‘BASIC EARNINGS PER SHARE lI i i I ‘at Calatan sia Laporon Kevengan yang merepakan ‘See the Accompanying Notes which ae , agin yang ta eaten dt Lager se leap ese Fi Stores : ilsc aeesinneteaiins ommend enemies thant nett PT ACE HARDWARE INDONESIA Tbk LAPORAN PERUBAHAN EKUITAS. Untuk Tahuretahun yang Berotie 31 Desembor 2008 dan 2007 {Dalam Rupian Penah) snipo Pe oases 26 sour tae Dna rma Ur etna Tanisha eer Den la Be sa.00 PER 3 ORSEMRER HOT Doin ‘Ses Lebar age Pein Keb Ms Sahn ferry sacpo Pant oeseuaeR 06 Ua Catalan ates Laren Kevengan yang merupakan bagan yang Uk erpsahtancoriLapocanint R/056.GA-S/5.2103/09 PT ACE HARDWARE INDONESIA Thk STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY For the Years Ended December 31, 2008 and 2007 an Ful Rupiah} rata Mad Sshed—Tabotin Se stad Er Wods'Ssan ——dunth Eat Ne Gap Sck—esnDaetri_ “eaten Brive Seeman” perk Kota Tt ‘nn! Perguneareyat —Panginanmys! Tasty octet” FridbsConte! Aarons ——_Unnpproptd exuty fe fe fe © a fe cocoons - = __nawmre : BALANCE AS OF DECEMBER 208 * ‘ecerancte . . - a) Pasi an ‘oennont0 = nara - set as ta seven - - = stscomoen sleet omg ter = ssemzer we : - = sacar Aint Pat Cott on ‘907025 - nas cosniem - - = axosegtaase oem tee BALANCE AS OF OECEMBER 3, 2207 wae cman ue Sangamo anos Ftd Eas Gee Ree anit eas H60) —(gets8san Buy Bike cal os - sonser0sre seezri9me ares sonoones — sespoarmiset __soeponamn __—_—eeioapranae _—_—anaiatsamn) __—eTasTwTE BALANCE AS OF DECEMBER 31,208 ‘See the Accompanying Notes which are eo btegal part of hse Fanci SttementsRI056,GA-$15,2/03109 PT ACE HARDWARE INDONESIA Tok PT ACE HARDWARE INDONESIA Tbk LAPORAN ARUS KAS ‘STATEMENTS OF CASH FLOWS. nia ahurtan yan Brae 51 Desonbe 2008 an 2007 Forth Years ced Oacombor 3, 206 an 2007 {Batam Rah Poy iF ee) 08 nn Be RUS KAS DARARTITAS OPERAS! CASH FLOWS FROM OPERATING ACTIATSS Permeation ‘07st spa sco ats Cath ase Cts PenbojeenteyntaPorock dnistnya HAND R00778) ONO DET CaP Santon ad Stirs Penbeyoa teaver rassarc9) aos: Cah Pato Epes enbayaa Pook ars rare 2) ise} Peat rane To | Penbayemn Bg: Pen assess) eseens01) amen it \ eriten Baga 7200 {yas ras Recs ‘Saas Beck a at cnet ine at sO vesssscis _ ssa 9 (eee) Cpoare xtes AUS HAS DAI ARTNTAS VESTAS cas FLows prow vesmie ACTS i Perma Sgt Paris imyansesso) resoranoe) Pant Settee Petco ens na Pee 290,98, = ikea Stn sts | rd Top ases2e98) snore) eqsters cl Foe ets test Peas fap = SEITE Preston Depa foed aes fos Sesh Digsan ok As eas cayssgcamra (7873951609 Het Canons Usdin eter i ARS AS DARI AKTNTTASPERDANAAY CASH FLOWS FROM FRANGING ACES i Fereyn ie Tins isexseacny hams oer ot Ca Diet Benen Kerbs Wa Sahn pense - Bk Coto S83 f Perensn a Prot ina sive enaedeagest tg 7727204 as Redd ton Pres | eejoan osc Pra regen) (ez 7444) Pome Rosas Pts | setrantios : ‘opongcemno Pa Co St Perio Dua ot Pent Ue saxon 9a Cas ecshd tn tte ae Og | Panza jaan Bank = nsramese Peed tem Bank Los Pertajran Prien 5 rongse Papert Sanco { sn Ks Bosh Coe het cas Fs Poe i oraaneialmaePetoen GAIUS on maa ecm (et rons ob I H evan nina ge ver neresse neers tl ‘SCAN SETARAAS isioramry —srazietenve —_oxswancasH eaunaLenT i EFFECT OF FLUCTUATION N FOREN i onan cisco renuose creer ! ASDAN SETARAKAS wwermizs —_aesaere ‘AND BANKS Castano CASH EQUIVALENT AT FAS DAN SETARA KS PADR AMAL osersrades _ oon z4o01 GNA OFTHE YEAR CASH AND CASH EQUYRLENT AT KAS DBM SETARAKAS PADA AKER sssmarsea _ soecteezs THE ENO OFT YEAR AASDAN SETARAKAS ADA AKHR ASH ANO CASH EQUIVALENT "AMUN TERDRY DAR |ATTAE OFTHE YEA CONSST OF wes surewesss —_7ea50r.00 Caton Bk worsens searizaae cosh ind Depot jaa _—sssosise _ saris Tie Des durian snares __saee sats Ton ATIVTS YANG TDA MENPENGARURI ARUS KAS: ACT NOT AFFECTING CASH FLOWS r Beer Stan = sapraconao Sex Diie | it Cotas apron Xovrgn yang mean See czoparying en ice " ‘agen yong korean dng on het prt has ano! Sots l } 5 { i bPT ACE HARDWARE INDONESIA Tok CATATAN ATAS LAPORAN KEUANGAN TTahur-ahun yang Berakhir pada 31 Desember 2006 dan 2007 {Dalam Rupiah Peru 1. Umum | 4.4, Peodiian Perusahaan PT Aco Hardware Indonesia Tok (Perusahaan) divkan awalnya bemama PT Kawan Lama Home Center berdasarkan akla No. 17 tanggal 3 Pebruat 1995 dari Benny Kristian, SM, nolars G Jokarta Pada tanggat 28 Oktober 1997, nama Perusahaan Subah menjadi PT Ace indotel Perkakas, dan emudian berdasarkan aka No. 40 tanggal 28 ustus 2001 dani Fattiah Holm), S.K, rola dt Jokerta nama Perusahaan seleni.ényadubeh merjadi PT Ace Hardware indonesia, Perubahan anggaran Jasar Perusahaan ‘ersebul telah clsetijr oleh enter Kehakinan dan Hk sas Manusla Rubik Indonesia dengan Surat Keputusen No.C-08839 HT.0 4.04 TH 2001 tanggal 14 September 2001 don ‘Jumumkan datam Bonts Negara No, 77, Tambahen No, 11368, tanggal 24 September 2002, Angaaren dasar Perusahaan telah mengalaml beberapa kal perubahan, rahi dengan alta No, 33 tanggal 29 Agustus 2007 dari Fathah Helm, SH, ‘benggantnotais Sucningsh Kura, SH, nots di siakans, mangenai diantaranya peribahan status Perusahaan merjadi penusahsan terbuta dan Perabahan nara menjad PT Ace Harare indonesia ‘Tok. Pada tanggal 4 September 2007, perubahan ‘nggaran dasa fersebut olan diselujul och Menten Hukum dan Hak Asas! Manusia Republik Indonesia engan Surat Keputusan No. 7.09693 HT 01 04-TH 20m, Sesuai pasal 3 anggaran daser Perusahaan, twang Inglup keglatan Perusahaan melpuii usaha ‘peedagargan umum termasuk kegiata ekscorimoce setts menjatankan usahe sebagai agen stay istbutor. Saat ini kegatan useha Perusahaan ferutama adalah geojualan ecsran itl) barane barang untuk kebuiuhan rumah tanga dan Westy Pada tanggal 91 Desember 2008, Perusahaan mmemiikt 26 gera’ rel yang melput area Jakarta, ‘Tangerang, Botasi, Crebon, Bandung, Semerang, ‘Surabaye, Bal, Medan, Balam, Pekan Baru, Palembang, Balkpapan dan Makasar Kantor Perusahean tertetak ci Gedung Kawan Lama LL 5, J. Puri Kencana No.1, Meruya Kembangan, Jakarta 11610, Indonesia. Peruschaan muta boeroperesi secara komersial solak tanggal 22 Desember 1096, Sempreornennenrsitensitinamsinnnaenet PT ACE HARDWARE INDONESIA Thk NOTES TO FINANCIAL STATEMENTS For tho Years Ended December 31,2008 and 2007 (in Ful Ropian) 1._General ‘La. The Company's Establishment PT Aco Hardare sndoresia the Company) was slashed under te rame of PT Kewan Lama Hore Contr based on noni deed No. 17 dled Feary 3 1905 of Benny Kislnto, SH, @ notary in Jakarta Gr October 28,197, the Campany/’s name wes changed to PT Aco indo Perkakas, an then based on notarial deed No 40 deel August 2, 200 of Fathi Heb, SH 2 olay it Jakarta, the Companys name wae subsoquendy changod to PT Aco Haéware Indonesia Tre amaraond ofthe Company's aries of association ‘hs been epororedby the Minster of use and Husa Fights of Repubic of indonesia in his decree No. 08229,H7.0 1.04 TH 200% cated September 14,2001 and were pulse nthe Ste Gaels No. 77, Supotement ‘No. 11366, dted Sopiomber 24,2002 The Company's ails of association has been amended several tires, most recently based an rola dsed No. $3 ated August 28,2007 ofFathish Holm, SH subsite of udiningsih Kumi, SH, a notary in Jaketa, conceming among others, the change io status of the Comany fo @ ‘pubis company and change in Gompary’s nme to PT Ace Hardware Indonesia Tok On September 4, 2607, the hanges of the Company's ardcle of association were approved bythe Minster of Justice and Humen Rights of the Republi of ndanesia with his decree No, W7-09692 HT.1.047H 2007 According to arlite 2 of the Company's article of assovation, tre Company's scace of activites consist of general trading incuding export import along wih working a8 agent or disinbutor. Curenty, the Company is enganged as a retailer of household aopiances end ie syle products. As of December 31, 2008, the Compary thas 36 retail outlets which are located in Jakarta, Tangerang, Bekesi, Ciebon, Bandung Semarang, ‘Surabaya, Bal, Medan, Balam, Pekan Baru, Palembang, Bliipspan and Makasar The Company ofc is foceted at Kawan Lame Bung Sth for Puri Kencara No. 1, Meruya-Kembangen, Jakarta 11610, lnonesia. Tho Comoany started ls commercial _aparaion sito Desember 22, 198.PT ACE HARDWARE INDONESIA Tbk CATATAN ATAS LAPORAN KEUANGAN (Lanjutan) ‘Tahurviahun yong Berakht pada 31 Desember 2008 dan 2007 {Dalam Rupiah Penh) 4b, Penawaran Umum Pada tangcal 11 September 2007, reali Surat Pengantar Pemyataan Pendafiaran No, DB4ACEPWIPORXIO7, Perusahaan telah mmenawarkan saharmnya kepada masyerakat hepade Dasar model seman 515.000.000 saham dengan ‘lal nominal Rp_100 per saham dengan harga enawaran Ro 820 per seham. Pada tangoal 30 Otober 2007, berdasarkan Surat Kepusan Ketua ‘Bapepam & LKNo, $S424)BL/2007, Perusahaan leah ‘memperoieh Surat Pemberiahuan Etekté Pemyataan Penawaran, Sesh fab juniah yang dteria dart ‘pengeluaran sham terhadan nial narinalnya sebesar Rp 370.800.000.000 dicta! dalam akun “Tambatan Modal Disetor setelah durang! total biaya emisi ‘sham sebesat Rp 16896.778 082, ada tanggal 31 Desomber 2007, selurun saham Perusahaan telah ercalatpada Bursa Eek Indonesia 4.0, Komisaris, Dirks! dan Karyawan Susunan angyota Dewan Komisars dan Dirks Perusahaan pads 31 Desember 2008 den 2007 sesuei dengan alta No. 43tangga! 28 Mee! 2008¢eri Fathah Hein, SH, rots Jakarta dan dengan ska No, 53 tanggai 28 Agustus 2007 dat notes yang sama, adoah sebagai berkst 2008. Komisaris Presiden Komisars Kuncoto Wibowo Komisaris ek Widya Krisnad KomisarisIniapenden —_Tjplone Darmad Lolend. TN! Pum, Tart Direksi DireKtur Utama Prabowo Widya Krisnadh Direkt Ruy Harono Hartanto Osman Paulus Ong Jumiah gai dan tuniangen Direksi dan Komisaris Perusahaan adalah masingsnasina_ sebesar ‘Ro 5.090 388.064dan Rp 4.054600 613.untuktahun- lahun yang beretir pada 31 Oesember 2008 dan 2007. jumian karyawan Perusahaan pada _tanqgal 31 Desember 2006 dan 2007 adalah masing nasa 4 835 dan 4.459 orang (tidak chau PT ACE HARDWARE INDONESIA Thk NOTES TO FINANCIAL STATEMENTS (Continued) For the Yoars Endod Decomber 31, 2008 and 2007 (tn Ful Rupiah) 41.6. Initial Public fering On September 1, 2007, based on Statement ot Reqistation Letter No, OGNACEIPWAPOIXA?, the Company has conducted the Ital pubke offering of 595,000,000 stares wih oar value of Ro 100 per share wih offing rive of Rp 820 per shore though capital market, Bese4 on decision lotor from Chatman of Boperam & LK No, S5424/BL/2007 dated October 90, ‘2007, the Compeny received Letter of Effectuty of Registration Ststoren. The excess amcunt received from the issuance of slack aver is face value amountoy to ‘Rp 370,800,000,000 Is ecorded inthe ‘Adio Pai In Capitel account, ater then deducted by stock issuance cost of Rp 16895,778.052, (On Dacember 3, 2607, alo the Company's shares have ‘een fisted at Indonesia Stock Exchange, ‘40. Board of Commissioners, Directors and Employees The compesitons ofthe Compeny/s Boardof Crisis and Directors as of Bocombor 31, 2008 and 2007 ‘according fo notarial deed No. 43 dated March 26, 2008 of Feihiah Heim’ Sh, 2 notary in Jekete and No, 33dated ‘August 28, 207 from same nary areas fous: 2007 Commissioners: Kusoro Wibowo President Commissioner js Widya Krad Comnisioner ‘Ttone Darmadj Independent Commissioners Directors: Prabowo Widya Krsadt President Director Rudy Hartono Drectos etanto Djasman Paulus Ong The amount of remuneration for Commissioners and rect Rp 509,368.05 and Re 4.036.600, 513 fr tho years ended. December 1, 2008 and 2007 resco. Totel number of employees as of December 34, 2008 andi 2007 is 4.831 and 4459 persons, respectively unauited).