Annual General Meeting of Shareholders of PT Harum Energy Tbk                  


                                                        

The Board of Directors of PT Harum Energy Tbk (hereinafter referred to as the “Company”) hereby invites the shareholders of the Company to attend the Annual General Meeting of Shareholders (“Meeting”), which will be held on:

Date : Friday, 17 May 2013

Venue : Bali Room Hotel Kempinski, Jl. MH Thamrin No. 1, Jakarta 10310, Indonesia

Time : 09:00 WIB until finish

The agenda of the Meeting are as follows:

1. Approval of the Company’s Annual Report for year 2012, which includes the Company’s Activity Report, the Board of Commissioners’ Supervisory Report and ratification of the Company’s Audited Financial Statement for the year ended 31 December 2012.

2. Determination on the use of the Company’s Net Profit for financial year 2012. 

3. Appointment of the Public Accountant to audit the Company’s Financial Statement for the financial year ended 31 December 2013. 

4. Determination of salaries and honorarium for the members of the Board of Commissioners and the Board of Directors of the Company for financial year 2013.

5. Delegation of authority to the Board of Commissioners to carry out the increase of the Company’s issued and paid-up capital in relation to the EMSOP implementation as approved by the Company’s Shareholders Meeting on 3 March 2010. 

6. Report on the Use of the Proceeds from the Initial Public Offering (“IPO”) and approval to change the Use of Proceeds from the IPO.

7. Board of Commissioners report on reappointment of the Audit Committee and realization of EMSOP.

Notes:

1. Shareholders who are eligible to attend the Meeting are those whose names are recorded in the Company’s Shareholders Register on 1 May 2013 at 16:15 WIB and/or shareholders who are registered in the securities sub-account of PT Kustodian Sentral Efek Indonesia (“PT KSEI”) at the closing of trading in the Indonesia Stock Exchange (Bursa Efek Indonesia) on 1 May 2013. 

2. Shareholders who are unable to attend in the Meeting may be represented by proxy. Members of the Board of Directors, the Board of Commissioners and employees of the Company may serve as proxy in the Meeting, however votes cast by them in the Meeting in their capacity as shareholders’ proxy cannot be counted in the total number of votes cast. 

3.  The power of attorney form may be obtained during office hour at: 

Company’s Investor Relations Office 
PT Harum Energy Tbk. 
Deutsche Bank Building Suite 808
Jl. Imam Bonjol No. 80
Jakarta 10310
Telp: +62-21-39831288

Securities Administration Bureau Office
PT Datindo Entrycom
Puri Datindo Entrycom
Puri Datindo - Wisma Sudirman
Jl. Jend. Sudirman Kav. 34
Jakarta Selatan 10220
Telp. +62-21-5709009

4. All duly completed Power of Attorney forms must be received by the Company no later than  10 May 2013 16:00  WIB  at the Company’s Investor Relations Office or the Securities Administration Bureau Office, PT Datindo Entrycom. 

5a. Shareholders or their proxies who will attend the Meeting are kindly requested to submit photocopies of Identity Card (KTP) or other proof of identity from both the shareholders and their authorized proxies to the Company’s officers prior to entering the Meeting room. 

5b. Institutional Shareholders are kindly requested to bring copies of their Article of Associations and all the amendments showing the latest management composition. 

6. In order to ensure a timely and orderly Meeting, the Shareholders or their proxies are requested to be present at the Meeting room for registration no later than 30 minutes prior to the commencement of the Meeting. 

Jakarta, 2 May 2013

PT Harum Enegy Tbk

Board of Directors

Annual General Meeting of Shareholders of PT Harum Energy Tbk                                                

This is to inform the Shareholders of PT Harum Energy Tbk, domiciled in Jakarta (hereinafter referred to as “Company”), that the Company will convene an Annual General Meeting of Shareholders (“AGMS”) in Jakarta, on Friday, 17 May 2013.

Pursuant to article 12 item (4) of the Articles of Association of the Company, the Invitation for the AGMS will be advertised in at least 2 (two) daily Indonesian language newspapers with national circulation on 2 May 2013.

Those who are entitled to attend the AGMS are Shareholders whose names are registered in the Company’s Register of Shareholders on 1 May 2013 as of 16.15 West Indonesia Time and holders of the Company’s shares at the sub-securities account of PT Kustodian Sentral Efek Indonesia (KSEI) at the closing of Company’s shares trading in the Indonesia Stock Exchange on 1 May 2013.

Any proposal submitted by Shareholders will be included in the AGMS agenda if such proposal meet the conditions stipulated in Article 12 item (6) of the Articles of Association of the Company, such proposal: (i) shall be submitted in writing to the Board of Directors by one or more Shareholders representing at least 1/10 (one tenth) of the total issued shares with lawful voting rights; (ii) must be received by the Board of Directors at least 7 (seven) days prior to the Invitation for AGMS or by 25 April 2013 and (iii) according to the Board of Directors the proposal is relevant to the interest of the Company.


Jakarta, 17 April 2013
PT Harum Energy Tbk
The Board of Directors

PT Harum Energy Tbk is pleased to announce that it has completed the acquistion of 50.5% of PT Karya Usaha Pertiwi ("KUP ") for a total consideration of US$ 2 million.

 
KUP holds a Mining Business License (IUP) for a thermal coal concession located in Kutai Kartanegara Regency, East Kalimantan. KUP’s concession area of approximately 2,700 hectares is located adjacent to Harum Energy's existing Mahakam Sumber Jaya ("MSJ") and Santan Batubara ("SB") mine. Due to this proximity, the coal from KUP is expected to have similar characteristics to the coal from MSJ and SB, and allow its future coal production to utilize most of Harum Energy’s existing infrastructure.

Pre-operation and exploration activities is expected to commence in the coming weeks.