PT HEXINDO ADIPERKASA TBK

Jakarta, June 27th 2007. PT Hexindo Adiperkasa Tbk, during its Annual General Meeting of Shareholders (AGMS) has approved of the disbursement of cash dividend to its shareholders at the amount of IDR 17 per share.

At initial AGMS convened prior to Public Expose, approval was also resolved for the usage of the net profit of the 2006 fiscal year amounting to IDR 39,428,484,467.00 for cash dividend disbursement of IDR 14,280,000,000.00 (36.21%) to 840 million shares or IDR 17 per share, IDR 5,000,000,000.00 allocated as reserved fund, and the remaining balance of IDR 20,148,484,467.00 as retained earning. The cash dividend will be paid out on August 3rd, 2007.

At the Public Expose, it was also reported that up to May 2007 Hexindo succeeded in conducting sales worth IDR 610,632 million, a major portion of which was derived from the sale of heavy machineries at the value of IDR 376,359 million. It is recorded that 362 units has been delivered to customers, where the Hitachi Hydraulic Excavator contributed the most portion of the bulk at 350 units, followed by 7 units of Hitachi Wheel Loaders, 3 units of Timber Jack and Skidder at 1 unit. Hexindo forecasts the sale of 926 units of Hydraulic Excavators by the end of 2007, which will absorb 27% of the market share.

Meanwhile, gross profit up to May 31st 2007 came to IDR 121.050 million, and net income reached IDR 16,530 million. The appreciation of the value of the Rupiah against foreign currency, particularly US dollars, has resulted in the foreign exchange gain of at least IDR 7,298 million. Hexindo applied the exchange rate at Rp. 9,020 per USD 1 toward the end of the fiscal year of 2006, IDR 8,828 toward the end of May this year, and projected exchange by the end of 2007 will be IDR 9,200 for each dollar.

Another agenda of the GMS is the appointing of three new directors and one new commissioner. The Appointed Directors and Commissioners of the Company, commencing from the closing of this Meeting until the closing of the next Annual General Meeting of Shareholders for the year 2008, as follows:

COMMISSIONERS President Commissioner : Kardinal A. Karim, MM Commissioner : Donald Christian Commissioner : Harry Danui

DIRECTORS President Director : Drs. Manuntun Situmorang Director : Toshiaki Takase Director : Takaaki Teranishi Director : Tetsuo Maruyama Director : Shinichi Hirota Director : Ir. Tony Endroyoso Director : Yoshiya Hamamachi Director : Naoki Kito Director : Yasushi Ochiai