MINISTER OF FINANCE OF THE REPUBLIC OF

COPY OF

REGULATION OF THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA NUMBER 223/PMK.07/2011

CONCERNING

REVENUE SHARING FUND ALLOCATION FOR FORESTRY NATURAL RESOURCES OF GEOTHERMAL MINING FOR 2011 FISCAL YEAR

BY THE GRACE OF GOD ALMIGHTY

THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA,

Considering : a. that in order to implement the provisions of Article 27 paragraph (5) of Government Regulation Number 55 of 2005 concerning Fund Balance, Regulation of the Minister of Finance Number 39/PMK.07/2011 on Estimate of Revenue Sharing Fund Allocation for Forestry Natural Resources of Geothermal Mining for 2011 Fiscal Year has been stipulated; b. that based on the reconciliation result of Revenue Sharing Fund Allocation for Forestry Natural Resources of Geothermal Mining calculation on Quarter IV for 2011 Fiscal Year, it is necessary to make adjustments to Revenue Sharing Fund Allocation for Forestry Natural c. Resources of Geothermal Mining for 2011 Fiscal Year;

that based on the considerations as referred in the point a and point b, it is necessary to stipulate a Regulation of the Minister of Finance concerning Revenue Sharing Fund Allocation for Forestry Natural Resources of Geothermal Mining for 2011 Fiscal Year; - 2 -

In view of : 1. Act Number 33 of 2004 concerning Financial Balance between the Central Government and Regional Government (State Gazette of the Republic of Indonesia of 2004 Number 126, Supplement to State Gazette of the Republic of Indonesia Number 4438);

2. Act Number 10 of 2010 concerning State Revenue and Expenditure Budget for 2011 Fiscal Year (State Gazette of 2010 Number 126, Supplement to State Gazette Number 5167) as amended by Act Number 11 of 2011 (State Gazette of the Republic of Indonesia of 2011 Number 81, Supplement to State Gazette of the Republic of Indonesia Number 5233);

3. Government Regulation Number 55 of 2005 concerning Fund Balance (State Gazette of the Republic of Indonesia of 2004 Number 137, Supplement to State Gazette of the Republic of Indonesia Number 4575); 4. Presidential Decree Number 56 / P of 2010; 5. Regulation of the Minister of Finance Number 126/PMK.07/2010 concerning Implementation and Accountability Transfer Budget to Regions; 6. Regulation of the Minister of Finance Number 39/PMK.07/2011 concerning Estimate of Revenue Sharing Fund Allocation for Forestry Natural Resources of Geothermal Mining for 2011 Fiscal Year;

Noting : Decree of the Minister of Energy and Mineral Resources Number 0218 K/80/MEM/2011 concerning Determination of Producing Regions and Calculation Basis of Producing Region Shares of General Mining, Geothermal Mining, Oil and Gas for 2011 Fiscal Year as amended by Decree of the Minister of Energy and Mineral Resources Number 2899 K/80/MEM/2011; - 3 -

DECIDES:

To stipulate : REGULATION OF THE MINISTER OF FINANCE CONCERNING REVENUE SHARING FUND ALLOCATION FOR FORESTRY NATURAL RESOURCES OF GEOTHERMAL MINING FOR 2011 FISCAL YEAR.

Article 1

Revenue Sharing Fund Allocation for Forestry Natural (DBH SDA) of Geothermal Mining for 2011 Fiscal Year for each region shall be based on the realized revenue of SDA of Geothermal Mining for 2011 Fiscal Year. Article 2

(1) Allocation of DBH SDA of Geothermal Mining for 2011 Fiscal Year is Rp 454,462,741,814 (four hundred and fifty four billion, four hundred and sixty two million seven hundred and forty one thousand eight hundred and fourteen Rupiahs).

(2) The detailed allocation of DBH SDA of Geothermal Mining for 2011 Fiscal Year as referred to paragraph (1) is stated in Appendix, which constitutes an integral and inseparable part of this Regulation of Minister of Finance.

Article 3

(1) Distribution of DBH SDA of Geothermal Mining for 2011 Fiscal Year on Quarter IV shall be based on the difference between the realized revenue of SDA of Geothermal Mining for 2011 Fiscal Year until, Quarter IV and the realized distribution of DBH SDA of Geothermal Mining for 2011 Fiscal Year on Quarter I, Quarter II, and Quarter III. (2) Distribution of DBH SDA of Geothermal Mining for 2011 Fiscal Year shall be implemented in accordance with the provisions of legislation. - 4 -

Article 4

In case the allocation ceiling of DBH SDA of Geothermal Mining for 2011 Fiscal Year is not sufficient for the distribution needs or the realization exceeds the ceiling, the Government shall distribute the DBH SDA of Geothermal Mining for 2011 Fiscal Year based on the realized revenue of SDA of Geothermal Mining for 2011 Fiscal Year in accordance with the provisions of legislation.

Article 5

This Regulation of the Minister of Finance shall come into force on the date of its promulgation.

For public cognizance, this Regulation of the Minister of Finance shall be promulgated by placing it in State Gazette of the Republic of Indonesia.

Stipulated in Jakarta on December 19, 2011 MINISTER OF FINANCE Signed, AGUS D.W. MARTOWARDOJO Promulgated in Jakarta On December 19, 2011 MINISTER OF LAW AND HUMAN RIGHTS Signed, AMIR SYAMSUDDIN STATE GAZETTE OF THE REPUBLIC OF INDONESIA OF 2011 NUMBER 852

APPENDIX TO REGULATION OF THE MINISTER OF FINANCE NUMBER 223/PMK.07/2011 CONCERNING REVENUE SHARING FUND ALLOCATION FOR FORESTRY NATURAL - 5 -

RESOURCES OF GEOTHERMAL MINING FOR 2011 FISCAL YEAR

DETAILED REVENUE SHARING FUND ALLOCATION FOR FORESTRY NATURAL RESOURCES OF GEOTHERMAL MINING FOR 2011 FISCAL YEAR

(in Rupiah)

Number PROVINCE / / TOTAL CITY 1 2 3 WEST 454,462,741,814 Province 90,892,548,363 1 Regency 54,068,840,359 2 Regency 7,271,403,869 3 Regency 64,978,837,710 4 Regency 7,271,403,869 5 7,271,403,869 6 Regency 7,271,403,869 7 32,615,061,618 8 7,271,403,869 9 7,271,403,869 10 7,271,403,869 11 Regency 7,271,403,869 12 Regency 7,271,403,869 13 7,271,403,869 14 Regency 51,936,568,646 15 Regency 7,271,403,869 16 Regency 7,271,403,869 17 Bandung City 7,271,403,869 18 Bekasi City 7,271,403,869 19 Bogor City 7,271,403,869 20 Cirebon City 7,271,403,869 21 City 7,271,403,869 22 Sukabumi City 7,271,403,869 23 City 7,271,403,869 24 Tasikmalaya City 7,271,403,869 - 6 -

25 Banjar City 7,271,403,869 26 West Bandung City 7,271,403,869

Minister of Finance

Signed,

AGUS D. W. MARTOWARDOJO