PT INTERNATIONAL NICKEL INDONESIA Tbk APPROVES A 2011 INTERIM DIVIDEND OF US$0.01 PER SHARE

JAKARTA, October 14, 2011 ‐‐‐ PT International Nickel Indonesia Tbk (the “Company”, IDX: INCO) today announced that the Board of Commissioners of the Company approved the proposal of the Board of Directors to distribute a 2011 interim dividend in aggregate of US$ 100 million or US$0.01 per share. The dividend is payable on November 21, 2011 to shareholders of record as of November 7, 2011. The dividend for Indonesian shareholders will be paid in the Rupiah equivalent of the US dollar amount based on the Bank of Indonesia mid rate on November 7, 2011. The dividend for foreign shareholders will be paid in US dollars.
In addition to the final dividend in respect of 2010 paid in May 2011 of US$145 million, this dividend payment will bring total dividend payments of US$245 million to shareholders in 2011. This payment reflects the solid position and commitment of the Company to its shareholders and it is aligned with the growth plan to increase the annual nickel production from 73,000 metric tons to 120,000 metric tons in the next years.
For further information, please email to:

Fabio Bechara, Director and Chief Financial Officer
PTI.InvestorRelations@valeinco.com
www.pt‐inco.co.id

Unilever Tbk will build some new factories in Indonesia

Unilever Tbk (UNVR) have a plan to expand and increase its production capacity through expansion of skin care factory, ice cream and Dove products by establishment of new factories. UNVR want to make Indonesia as industrial base in Asia. in order to strengthening the production base in Asia. The cost for capacity expansion is estimated around  Rp 640 billion, with  production capacity of 45 thousand tons per year. Factory area reaches 20 thousand square meters.

Crude Palm Oil forecast

According to Oil World, the world's palm oil production during 2011 will reach 49.68 million tons, which rose 8.5% from 2010. Meanwhile, world consumption of palm oil during 2011 will reached 48.79 million tons, up 5.1% of 2010 consumption. The volume of world palm oil exports in 2011 is estimated to grow 4.2% YoY to 38.03 million tonnes.

Nestlé Resumes Palm Oil Purchases from SMART.Tbk

Jakarta, 15 September 2011 – PT SMART Tbk (SMART) is pleased to announce that Nestlé has placed an order to resume palm oil purchases from the company. SMART views this order as an acknowledgement of its on-going sustainability commitments and efforts to find solutions to continuously produce palm oil in a sustainable, environmentally and socially responsible manner.
 

In May 2010, Nestlé, together with international NGO, The Forest Trust (TFT) announced Responsible Sourcing Guidelines (RSGs), a set of critical requirements to guide the Nestlé procurement process and to ensure compliance with the Nestlé Supplier Code. In late 2010, SMART’s parent company Golden Agri-Resources (GAR) developed a joint action plan with TFT to help GAR ensure that its subsidiaries could meet the Nestlé RSGrequirements. To ensure that  oil delivered to Nestlé meets the RSG requirements, the plantations supplying Nestlé were subject to TFT assessments. SMART then implemented innovative processes and supply chain controls to ensure that the delivered oil is fully traceable from the supplying plantations, through processing and transportation to the Nestlé factory in Indonesia. This full traceability across the supply chain has been further  audited by Nestlé-appointed international agency, TÜV Rheinland Group.
 

Mr Daud Dharsono, President Director of SMART said: “We welcome Nestlé’s decision which is an acknowledgement of our sustainability efforts. This represents an important milestone in our journey toward the continuous production of sustainable palm oil. Sustainability is an on-going journey and we are committed to managing the environment responsibly and empowering communities. We believe that our achievement of full traceability with this order is another significant milestone.” GAR has also been working with TFT on the implementation of a Forest Conservation Policy (FCP) which aims to ensure that GAR has no deforestation footprint and also seeks to achieve long-term sustainable growth for GAR and the palm oil industry. The FCP focuses on there being no development on High Carbon Stock (HCS) forests, where a provisional definition of exceeding 35 tonnes of carbon per hectare will be used as HCS forest definition; no

PT SMART Tbk (SMART), subsidiary of Golden Agri- Resources Limited (GAR) receives Roundtable on Sustainable Palm Oil (RSPO) certification.

Jakarta, 16 September 2011 - PT SMART Tbk (SMART), subsidiary of Golden Agri- Resources Limited (GAR) announces today that it has received Roundtable on Sustainable Palm Oil (RSPO) certification. The certification covers 14,955 ha of plantations and one mill under SMART in North Sumatra, and are the first palm oil operations from GAR to receive the RSPO certification. This certification is part of the ongoing certification of SMART and another GAR subsidiary, PT Ivo Mas Tunggal, which covers 103,953 hectares of plantations and 11 mills. This brings GAR closer to its overall target of obtaining RSPO certification for all its palm oil operations by December 2015.

Said Mr Daud Dharsono, President Director of SMART: "The RSPO is among the leading international standards for sustainable palm oil and we remain committed to working towards RSPO certification for the remaining palm oil operations by December 2015. Our sustainability efforts are guided by our internal values and principles since we commenced oil palm planting and we will take a leadership role in working with multi-stakeholders to find solutions toward sustainable palm oil production.”

GAR has engaged international NGO, The Forest Trust (TFT) to help the company prepare for RSPO certification for the rest of its existing 433,200 hectares of palm oil plantations and 42 mills