Annexure I to order no.
44044499
QUALITY ACCEPTABLE BY SPV
Total Moisture             %               19                air dry basis
Inherent Moisture          %               12                air dry basis
Ash Content                %               8                 air dry basis
Volatile Matter            %               40                air dry basis
Fixed Carbon               %               by diff.          air dry basis
Total sulfur               %               1.2(max)          air dry basis
Gross Calorific Value Kcal/Kg              5800              GAR basis
H.G.I.                                     50
Size                          mm           ROM
CALCULATION OF COAL SUPPLY
    1)   Bonus - Penalty
         a)   If actual GCV is below/above 5800 Kcal/kg, then price will be adjusted
              as follows:
                           Adjusted Price =           Price x (Specs GCV (GAR) - Actual GCV )
                                                                5800Kcal/kg (GAR)
         b)   If Total Moisture (ARB) is more than 21% then will be adjusted as per formula :
                            Adjusted Wight =                               weight x (121-Actual TM(ARB)
                                                Adjusted Weight =
                                                                                        100
         c)   If actual Ash (ADB) is more than what it is written above specification
              then will be adjusted as per formula:
                           Adjusted Price =             Specs Ash% – Actual Ash
                                                                                        X Coal Price
                                                                 1%
              Note: Ash penalty starts when ash is above 10%
    2)   Quantity:         Weightment at SPV's stockpile will be final and binding for invoicing purpose
    3)   Quality:          Will be tested by PT GEOSERVICES
Annexure I to order no. 44029908
QUALITY ACCEPTABLE BY SPV
Total Moisture             %               24-26             air dry basis
Inherent Moisture          %               12                air dry basis
Ash Content                %               10-12             air dry basis
Volatile Matter            %               38                air dry basis
Fixed Carbon               %               by diff.          air dry basis
Total sulfur               %               1.2(max)          air dry basis
Gross Calorific Value Kcal/Kg              5100              GAR basis
H.G.I.                                     38-42
Size                          mm           ROM
CALCULATION OF COAL SUPPLY
    1)   Bonus - Penalty
         a)   If actual GCV is below/above 5100 Kcal/kg, then price will be adjusted
              as follows:
                           Adjusted Price =           Price x (Specs GCV (GAR) - Actual GCV )
                                                                5100Kcal/kg (GAR)
         b)   If Total Moisture (ARB) is more than 26% then will be adjusted as per formula :
                            Adjusted Wight =        Weight x (Specs TM - Actual TM)
         c)   If actual Ash (ADB) is more than what it is written above specification
              then will be adjusted as per formula:
                           Adjusted Price =             Specs Ash% – Actual Ash
                                                                                        X Coal Price
                                                                 1%
              Note: Ash penalty starts when ash is above 12%
    2)   Quantity:         Weightment at SPV's stockpile will be final and binding for invoicing purpose
    3)   Quality:          Will be tested by PT GEOSERVICES
                      Buyer's weight bridge weight x (120-Actual TM(ARB)
Adjusted Weight   =
                                             100
Annexure I to order no. 4100002170
QUALITY ACCEPTABLE BY SPV
Total Moisture                       %                 24                       as received
Inherent Moisture                    %                 12 approx                air dry basis
Ash Content                          %                 10                       air dry basis
Volatile Matter                      %                 38 approx                air dry basis
Total sulfur                         %                 1                        air dry basis
Gross Calorific Value Kcal/Kg                          6000                     air dry basis
Size                                       mm          0 - 200 (85%)
HGI                                                    48                       Approx
CALCULATION FOR DEDUCTION OF COAL SUPPLY
    1)   Ash
                               * Actualash% – 10%
         Penalty                                              X        Rp. 2,000
                                         1%
    2)   Moisture
                                                                                            (124 - Actual TM)
         Penalty              Invoice wt. = Buyer Weight Bridge wt                 X
                                                                                                  100
    3)   Penalty for GCV
         a)    as follows:
                        Adjusted Price =                               Actual Gross Calorific Value (Air Dried)
                                              Rp. 815,000     X
                                                                                       6000 Kcal/Kg
    TERMS OF PAYMENT
         70% after receipt of material and confirmation of weight
         30% after Lab report analisys
    REJECTION
    a) Total Moisture                      > 26%       as received
    b) Ash                                   12%       air dry basis
    c) GCV                                 < 5800 Kcal/kg
Annexure I to order no. 4100002128
QUALITY ACCEPTABLE BY SPV
Total Moisture                         %                 24                       as received
Inherent Moisture                      %                 10 approx                air dry basis
Ash Content                            %                 6                        air dry basis
Volatile Matter                        %                 42 approx                air dry basis
Total sulfur                           %                 <1                       air dry basis
Gross Calorific Value Kcal/Kg                            6300                     air dry basis
Size                                         mm          0 - 200 (90%)
HGI                                                      52                       Approx
CALCULATION FOR DEDUCTION OF COAL SUPPLY
      1)   Ash
                                  * Actualash% – 6%
           Penalty                                              X        Rp. 2,000
                                           1%
      2)   Moisture
                                                                                              (124 - Actual TM)
           Penalty              Invoice wt. = Buyer Weight Bridge wt                 X
                                                                                                    100
      3)   Penalty for GCV
           a)    as follows:
                          Adjusted Price =                               Actual Gross Calorific Value (Air Dried)
                                                Rp. 850,000     X
                                                                                         6300 Kcal/Kg
      TERMS OF PAYMENT
           70% after receipt of material and confirmation of weight
           30% after Lab report analisys
      REJECTION
      a)   Total Moisture                      26%       as received
      b)   Ash                               > 8%        air dry basis
      c)   GCV                               < 6100 Kcal/kg
Annexure I to order no. 4100002036
QUALITY ACCEPTABLE BY SPV
Total Moisture                       %                 24                       as received
Inherent Moisture                    %                 10 approx                air dry basis
Ash Content                          %                 6                        air dry basis
Volatile Matter                      %                 42 approx                air dry basis
Total sulfur                         %                 <1                       air dry basis
Gross Calorific Value Kcal/Kg                          6300                     air dry basis
Size                                       mm          0 - 200 (90%)
HGI                                                    52                       Approx
CALCULATION FOR DEDUCTION OF COAL SUPPLY
    1)   Ash
                                * Actualash% – 6%
         Penalty                                              X        Rp. 2,000
                                         1%
    2)   Moisture
                                                                                            (124 - Actual TM)
         Penalty              Invoice wt. = Buyer Weight Bridge wt                 X
                                                                                                  100
    3)   Penalty for GCV
         a)    as follows:
                        Adjusted Price =                               Actual Gross Calorific Value (Air Dried)
                                              Rp. 840,000     X
                                                                                       6300 Kcal/Kg
    TERMS OF PAYMENT
         70% after receipt of material and confirmation of weight
         30% after Lab report analisys
    REJECTION
    a) Total Moisture                         26%      as received
    b)   Ash                               > 8%        air dry basis
    c)   GCV                               < 6100 Kcal/kg
Annexure I to order no. 4100001965
QUALITY ACCEPTABLE BY SPV
Total Moisture                       %               24                       as received
Inherent Moisture                    %               12                       air dry basis
Ash Content                          %               8                        air dry basis
Volatile Matter                      %               40                       air dry basis
Total sulfur                         %               1                        air dry basis
Gross Calorific Value Kcal/Kg                        6100 (+/-50)             air dry basis
Size                                       mm        0 - 200
HGI                                                  48                       Approx
CALCULATION FOR DEDUCTION OF COAL SUPPLY
    1)   Ash
                               * Actualash% – 8%
         Penalty                                            X        Rp. 2,000
                                      1%
    2)   Moisture
                                                                                          (124 - Actual TM)
         Penalty             Invoice wt. = Buyer Weight Bridge wt                X
                                                                                                100
    3)   Penalty for GCV
         a)    as follows:
                        Adjusted Price =                             Actual Gross Calorific Value (Air Dried)
                                           Rp. 820,000      X
                                                                                     6100 Kcal/Kg
    TERMS OF PAYMENT
         70% after receipt of material and confirmation of weight
         30% after Lab report analisys
    REJECTION
    a) Total Moisture                      > 29%     as received
    b) Ash                                 > 13%     air dry basis
    c) GCV                                 < 5800 Kcal/kg
Annexure I to order no. 4100001769 (TYPE II)
QUALITY ACCEPTABLE BY SPV
Total Moisture                       %               24               as received
Inherent Moisture                    %               12               air dry basis
Ash Content                          %               8                air dry basis
Volatile Matter                      %               40               air dry basis
Total sulfur                         %               1                air dry basis
Gross Calorific Value Kcal/Kg                        6100             air dry basis
Size                                       mm        0 - 200
Sources                                              Coal from Central Kalimantan
CALCULATION FOR DEDUCTION OF COAL SUPPLY
    1)   Ash
                                * Actualash% – 8%
         Penalty                                            X      Rp. 2,000
                                      1%
    2)   Moisture
                                                                                      (124 - Actual TM)
         Penalty             Invoice wt. = Buyer Weight Bridge wt            X
                                                                                             100
    3)   Penalty for GCV
         a)    as follows:
                        Adjusted Price =                             Actual Gross Calorific Value (Air Dried)
                                           Rp. 750,000      X
                                                                                  6050 Kcal/Kg
    TERMS OF PAYMENT
         70% after receipt of material and confirmation of weight
         30% after Lab report analisys
    REJECTION
    a) Total Moisture                      > 29%     as received
    b)   Ash                               > 13%     air dry basis
    c)   GCV                               < 5800 Kcal/kg