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INVESTING IN COAL
Coal will print a new price record for the quarter III/2011 as the return of coal demand the
reconstruction of Japan after the Japanese during the second quarter and increased demand
from consuming countries that transfer to the use of nuclear power plants to coal.

"Currently there is a decline in demand due to recovery post-earthquake and tsunami in Japan
has not been stable. But after Japan's stable, the demand will increase because the country is
likely to divert the use of nuclear to coal after the occurrence of leakage of nuclear reactors.
Th e possibility should print a n ew price record, .

Most or about 55% -60% Japan's consumption of coal from Indonesia, particularly from
Kalimantan and Sumatra. As for meeting the remaining needs, Japan imported coal from
Australia. .

Japan's coal imports expected to increase after the largest earthquake in the country led to a
nuclear power plant explosion that pushed the country to find alternative fossil-based fuels. .

Jeffrey Landsberg, president of Commodore Research & Consultancy firm based in New York,
expressed shock in July 2007 that shook the nuclear plant at Kashiwazaki-Kariwa leading to
higher thermal coal imp o rt s by 10% to 101 million me t ric tons in 2007

At that time, the purchase of coal by Japan grew to 105 million tons in 2008 before it fell back
to 92 million tons in 2009 when the world's largest power plant back in operation.

"Approximately 33% of Japan's electricity comes from nuclear power plants. Nuclear plant
closure likely to cause an increase in coal imports, "he said.
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Yesterday, the benchmark price of European coal rose to its highest level since 2008 on
speculation reduction in the use of nuclear power plants in Japan following the atomic crisis will
push demand f or fossil - based fuels.

Coal contract prices for delivery to Amsterdam, Rotterdam or Antwerp with settlement next
year grew to U.S. $ 2.75 or up 2.2% to $ 130 per metric ton on the London stock exchange. That
is the highest position since October 7, 2008.

On the same day, the price of coal for power generation at the port of Newcastle, Australia
grew by 0.1% in the week ended March 11, 2011. Refers to global COAL new index, the price of
coal at the port of New South Wales increased to U $ 129.60 per metric ton of U $ 129.48 per
me t ric ton in the previous week.

Recently, the Executive Director of the Association of Mining Coal Indonesia (APBI) Supriatna
Suhala estimated average price of coal this year will move in the range of U.S. $ 110-US $ 120
per ton, up from an average price of world coal 2010 in the range U.S. $ 80 per ton.
APBI Chairman Bob Kamandanu said the transfer of raw materials from nuclear power plants to
coal will not happen suddenly. Therefore, he continued, the price may still be moving to
present.
Currently it is still calculating impact of the earthquake and tsunami in the eastern coast of
Jap an to the delivery of coal f ro m Indonesia.
"It is now happening restrictions on the use of coal in the eastern coastal areas of Japan
because they're saving electricity. But the west coast are not affected. Well, we are still
checking whether the quake-hit areas that use coal from Indonesia, "he said.
As reported by Bloomberg, Germany will discontinue the use of nuclear reactors, about 25% of
the total capacity of atomic energy as part of a safety review after reactor exploded in Japan.
Manuel Frondel, head of research center of environmental resources and Rheinisch-
Westfälisches Institut für Wirtschaftsforschung (RWI), estimates that retail electricity prices
could rise mo re t h an 10% if Germany is to stop nuclear power.
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The price per kilowatt-hour can be increased by 3 cents from current levels in the range of 23
cents per kilowatt-hour if Germany would only produce base load electricity from coal.

In Britain, the government asked for a review of nuclear safety. It is like delaying Electricite de
France SA plans to build new reactors in Britain in 2018 for about 1 year. In addition,
Switzerland also stop the development p lan s of n ew reactors.
The decisions came after the earthquake and tsunami in Japan on March 11, then destroy the
Fukushima nuclear plant, where the cooling system broke and the fire spread to everywhere.
Operator Tokyo Electric Power Co.. says can not rule out that the fuel rods melted at reactor
N o. 2 after they opened for the second time by f allin g water levels.
Amrita Sen, analyst at Barclays Capital in London, assess nuclear incident in Japan will have
implications globally. "Maybe there will be some reaction from French or English and it will
affect the thermal generator," he said. (Faa)

The government expects the coal price in the

next few years will continue to rise.

It was triggered by the depletion of oil supplies and the increasingly high prices of oil in the
world. With the depletion of oil supplies is to make countries in the world are competing to
develop alternative energy. Coal and geothermal energy is the most easily available alternative.
"The depletion of petroleum in the world, certainly would encourage the use of alternative
energy such as coal. Therefore, it is not impossible coal prices will continue to increase," said
Director of Geothermal, Directorate-General of New Renewable Energy and Energy
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Conservation, (DG EBTKE ) Sugiharto Harsoprayitno in the discussion of Fuel Price Increases,
'Time to Switch to Geothermal' here on Thursday.

COAL DEMAND and DEMAND INCREASING

Demand for coal from the domestic and exports increased rapidly. Hijinks coal
businesses are simply offset rising coal demand, mainly from China and India.
Requirement of coal for power plant project 10 000 Megawatt (MW) phase I and
II helped spur the production of coal. "Plus the price of coal is being good,"
The increase in demand for Indonesian coal production rising. In 2009 for
example, coal production reached 260 million tons. This amount exceeded the
production target of 230 million tons. Last year, coal production reached 300
million-320 million tonnes, exceeding production target by 275 million tons. This
year, the manufacturer expects to produce as many as 340 million tons of coal.
Ministry of Energy and Mineral Resources (EMR) provides certainty of contract of
sale is also indirectly affects the sales of coal from Indonesia. Because the
Japanese have become one of the major importers of coal from Indonesia.
Data from Directorate General of Mineral and Coal Ministry of Energy and Mineral
Resources shows, Japan imported Indonesian coal by 24 million tons or nearly 10
percent of Indonesian coal production in 2010 amounted to 275 million tonnes.
Actual Japanese coal imports in 2010 amounted to 116.5 million tonnes of which
about 20 percent of Japan's coal imports are supplied from Indonesia.
In March 2011, EMR set Price Bara (HBA) of U.S. $ 122.43 per tonne, down U.S. $
4.62 per ton from U.S. $ 127.05 per ton in February 2011. This price reduction is
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the first time since coal prices continue to rise starting from October 2010. This
HBA is the benchmark for quality coal calories around 6322 kcal / kg (gross as
received).
Ministry of Energy and Mineral Resources said buyers from Japan which is a major
buyer of Australian thermal coal is a Tokyo Electric Power Co. (TEPCO), Tohoku
Electric Power Co. Inc. and Chubu Electric. The names are the Japanese leading
power generation companies are now negotiating with the mining company
Xstrata, the world's largest exporter of thermal coal.

Joint Bids
Understanding will increase market demand for coal, especially Japan, China and
India, PT. Gihon Semesta as part of the development of PT. TESA (Teknologi
Energi Sumber Alam) invites investors to work together to exploit this market
opportunity by participating in processing stone mine - coal that has been
established and distributed for a long time. The company handles and manages
four mines have been operating 6 years ago by taking land in the area of
Balikpapan, East Kalimantan.
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Funds allocated in mining projects, management and distribution and sales of coal
amounted to ± 90% of the capital. 8% is allocated to property and 2% were
invested in money market.
Profit offered Nominal investment funds we offer ranges from Rp. 100 jt up to
Rp. 300 Billion with a profit of 2% - 2.5 per month from an investment fund. Profit
will be taken every month promissory note with a counter guarantee (letter of
cooperation) and demand deposit slip with the provisions of : depositing funds
under the 15th of interest will be paid on 1 each month and if the funds are paid
on the 15th of interest were taken of each end of the month.
The validity of the agreement provided in 2 options: 6 months and 12 months.

PT Gihon Semesta : Wisma GKBI, 20th Floor, Suite 2003

Jl. Jendral Sudirman No. 28, Jakarta Pusat 10210
Phone. +6221 5727297
Fax. +6221 5727296
Ondi Kurniawan : 0818909229