Dear shareholders and visitors,

It's a privilege to be writing to you as the new President Director of ANTAM. I am proud to be leading ANTAM during such an exciting time in which ANTAM is moving downstream into more value added processing activities.

On behalf of ANTAM, I would like to extend our gratitude and thanks for the contribution of the previous members of the Board of Directors during their terms at ANTAM. I would like to thank in particular ANTAM's previous President Director, Mr. Alwinsyah Lubis, who has been a great business leader, and we appreciate everything he has done for us in his years as President Director as well as Operations Director.

At the Annual General Meeting of Shareholders on April 30, 2013, besides me, shareholders also ratified the appointment of Mr. Hendra Santika, who was President Director of PT Indonesia Chemical Alumina, ANTAM's subsidiary, as Director. Shareholders also appointed Mr. Djaja Tambunan as Director. Mr. Djaja Tambunan was previously ANTAM's Finance Director. Shareholders also appointed Mr. Tedy Badrujaman as Director. Mr. Tedy Badrujaman was previously ANTAM's Corporate Secretary Division Head. Mr. Sutikno who was Finance and Administration Director of PT Nusantara Regas was also appointed as Director. Meanwhile, ANTAM's Geomin Unit Head, Mr. I Made Surata, was appointed as Director.

Following the consultation with the Board of Commissioners, Mr. Hendra Santika will serve as the Development Director, Mr. Djaja Tambunan will serve as Finance Director, Mr. Tedy Badrujaman will serve as Operations Director, Mr. Sutikno will serve as Human Resources Director and Mr. I Made Surata will serve as General Affairs and CSR Director.

Dear shareholders and visitors,

We have a solid, experienced senior leadership team. The new Board of Directors also has a strong operational and managerial background. I strongly believe we can continue leading ANTAM towards a better future.

I am also certain that ANTAM’s future prospect is very excellent and promising. We will become a bigger and better company, more diversified and sustainable. Our organic projects will create significant value for ANTAM within three to five years ahead. We are certain our organic development projects, having vast reserves as basis, have huge prospects. Backed with vast nickel and bauxite reserves, we will continue to make investments for a better future. It will require moving downstream to create most value from our mineral reserves.

Improvements in efficiency will continue to become the core theme behind maintaining our financial endurance. Solid efficiencies are realized in routine and specific operations for reducing per-unit production costs. Strict cost control measures are continually introduced. I am also pleased to inform you that we have begun the construction of the 60MW coal fired power plants to further reduce the cash cost of ferronickel.

Dear shareholders and visitors,

On this opportunity, I would also like to ask you to support the new Board in creating ANTAM to become even bigger and better. ANTAM is in a solid position to continue delivering good returns to our shareholders and stakeholders. In 2013 and beyond, we will focus on achieving our priorities and goals, as well as maintaining our responsibility to the community. We are committed to ensure a bright and sustainable future to our shareholders and stakeholders.

Warm regards,


Ir. Tato Miraza, S.E., M.M.
President Director