GABSINDO BUMI RESOURCES Indonesia

The company PT. K M J Mineral, Indonesia, through its associate PT. Gabsindo Bumi Resources, has established an eminent reputation in the market place as a reliable supplier of mineral resources with consistent quality. The Steam coal has been successfully introduced and marketed in Singapore, Malaysia, Thailand, the Philippines, China, Taiwan, Germany, India and Pakistan, as well as in the domestic market. The majority of coal sales are on long term contract basis, however, the company also attends to spot purchase. The coal is ideally suitable for use as fuel for power utilities in both domestic and international markets. Commercial production commenced in mid 2004. Due to increasing demands, the company plans to expand its annual production capacity by acquiring new concession with significant demonstrated coal resources. Beside coal the company now has obtained concession for mining of Iron Ore, Galena, Manganese Ore and Nickel. We also welcome serious investor with the technological know how and expertise to participate in joint operation / profit sharing in our efforts to increase our production.