PT Antam (Persero) Tbk

ANTAM Continues Gold Business Expansion With the Opening of Logam Mulia Gold Boutique in Denpasar, Bali
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Jakarta, November 16, 2015 - PT ANTAM (Persero) Tbk (ASX -ATM; IDX – ANTM; ANTAM) is pleased to announce that the company opens Logam Mulia (LM) Gold Boutique in Denpasar, Bali. The LM Gold Boutique in Bali is located in Teuku Umar Street No. 7, Denpasar, Bali.

ANTAM's President Director, Tedy Badrujaman said:
"ANTAM's Bali LM Boutique is our 12th gold boutique in addition to similar outlets in Jakarta (2 outlets), Bandung, Surabaya (2 outlets), Makassar, Palembang, Semarang, Balikpapan, Banjarmasin and Medan. The opening of the Bali LM Gold Boutique aims to increase gold sales as well as a reflection of our commitment to increase gold business performance."

Gold sales in the first nine months of 2015 (9M15) jumped significantly by 129% over the same period of last year to 12,648 kg (406,643 oz). ANTAM's total sales in 9M15 amounted to Rp6.53 trillion in which gold sale was the largest component with 72% contribution.

The opening of the LM gold boutiques aims to increasing sales and performance. As well, the opening of gold boutiques also aims to increasing customer service, provide easier transaction access, delivering a comfortable and safe environment to the customers as well as providing gold investment education to the public.

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