PT Bumi Resources Minerals Tbk. Q1 Year 2011 Corporate Results & Updates June 2011 SG000UM7_AP_0810 Confidentiality Notice This presentation has been prepared by PT Bumi Resources Minerals Tbk (the “Company”) and is only for the information of its investors. None of the information appearing in this presentation may be distributed to the press or other media or reproduced or redistributed in the whole or in part in any form at any time. This presentation is not intended as or forms part of any offer to sell or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities, and neither this presentation nor anything contained herein shall form the basis of or be relied on in connection with any contract or commitment whatsoever. This presentation may contain forward-looking statements and estimates with respect to the future operations and performance of the Company and its affiliates. Investors and security holders are cautioned that forward-looking statements are subject to various assumptions, risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. Such assumptions, risks and uncertainties could cause actual results and developments to differ materially from those expressed in or implied by the forward-looking statements. Accordingly, no representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained in this presentation, nor is it intended to be a complete statement or summary of the resources markets or developments referred to in this presentation. It should not be regarded by recipients as a substitute for the exercise of their own judgment. Neither the Company or any other person assumes responsibility for the accuracy, reliability and completeness of the forward-looking statements contained in this presentation. The forward-looking statements are made only as of the date of this presentation. The Company is under no duty to update any of the forward-looking statements after this date to conform such statements to actual results or developments or to reflect the occurrence of anticipated results or otherwise. Any opinions expressed in this presentation are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of the Company as a result of using different assumptions and criterion. 1 SG000UM7_AP_0810 Agenda 1 Company Highlights 2 Asset Summary 3 Industry Outlook 4 IPO Completion & Financial Highlights 5 Latest Corporate Achievements 2 SG000UM7_AP_0810 Company Highlights 3 SG000UM7_AP_0810 BRM Corporate Structure Post IPO & MCN Conversion Public PT Bumi Resources Tbk 13% 87% PT Bumi Resources Minerals Tbk 99.99% 99.99% 100% 96.97% 99.99% 100% International Calipso Investment PT Citra Palu Lemington Bumi Resources Minerals PT Multi Capital Pte. Ltd. Minerals Investments Pte Ltd Japan Company Company LLC (“Calipso”) (“Citra Palu”) (“Lemington”) Limited (“IMC”) 75% 100% 80% (1) 60% 94.1%(2) PT Multi Daerah Herald Resources PT Gorontalo Konblo Bumi Inc. Bersaing Ltd Minerals Bumi Holding S.A.S. (Liberia Project) (“MDB”) (“Herald”) (“Gorontalo”) 24% 100% 99% PT Newmont Nusa Gain and Win Pte Tenggara Bumi Mauritania SA Ltd (“PT NNT”) 80% Legend PT Dairi Prima Mineral Investment Holding Companies (“Dairi”) Operating/ Developing Companies Marketing service company (1) Subject to progressive divestment to 49.0 % beginning from the end of the fifth year after commencement of production at the Gorontalo project (2) Subject to dilution to 80.0% 4 SG000UM7_AP_0810 World Class Asset Portfolio Dairi Prima Minerals Stake: 80%. Type: Zinc, lead Reserve (100%): 5.4 mio ton ore (Anjing Hitam). Resource (100%): 20.1 mio ton ore (Anjing Bumi Mauritania hitam, Base Camp, Lae Jahe). Grade: 13.7% Zn, 8.2% Pb. Stake: 60%. Production: 2013. Type: Iron ore. Mineral Inventory (100%): 100 mio ton. Grade: 60% Fe. Production: 2012. Gorontalo Minerals Citra Palu Minerals Stake: 80% (1) Stake: 96.97% Type: Copper & Gold. Type: Gold, Moly. Mineral Inventory Mineral Inventory (100%): 2.5 (100%): 125 mio ton mio ton (gold), 106 mio Grade: 0.55 g/tonne Au, ton(moly). Grade: 7.5 g/ton Au, 0.14% 0.75 Cu. Moly. INDONESIA Production: 2H 2014. AFRICA Production: 2H 2014. Konblo Bumi (Liberia) Stake: 94.1% (2) Type: Diamonds, precious metals. Exploration stage with 7 exploration Newmont Nusa Tenggara leases obtained. Stake: 18% Type: Copper & Gold. Reserve (100%): 7.7 bio lbs copper & 7.6 mio oz Source: BRM. gold (3) (1) Subject to progressive divestment 49.0% beginning from the end of the fifth year after Grade: 0.6% Cu, 0.5 g/t Au (Phase 6) commencement of production at the Gorontalo Project. (2) Subject to dilution to 80.0% Q1 2011 Prod: 88 Mio lbs copper & 96 thd oz gold. (3) As of 31 December 2010. 5 SG000UM7_AP_0810 Portfolio of Assets Across Various Stages of the Development Cycle FIRST PHASE SECOND PHASE Asset 2010 2011 2012 2013 2014 2015 NNT (Batu Hijau) Production Mauritania Development DSO Production Production Dairi (Anjing Hitam) Development Production Gorontalo Feasibility Studies Development Production Citra Palu Feasibility Studies Development Production Exploration Production Exploration Konblo Bumi (Liberia) Exploration and development activities The first phase focuses on the extension of existing mine life and development of existing reserves and mineral inventory − Batu Hijau Phase 6 pushback has commenced − Dairi mine expected to commence production and ramp up to 1 million tonnes per annum of production in 2013(1) − Complete feasibility studies for Gorontalo and Citra Palu − Development activities in Mauritania − Exploration in Liberia The second phase focuses on the exploration and development of existing discoveries The first immediate priority of BRM management is to focus on core asset development and commercializing its portfolio of mining assets Source: BRM. (1): The company has received the requisite licence to conduct exploration activities at Dairi on 23 October 2010, and the exploitation license is pending approval. 6 SG000UM7_AP_0810 Experienced Management Team Board of Directors Kenneth Patrick Farrell Endang Ruchijat . Director of PT Bumi Resources Tbk since 2004 and . Currently Chief Executive Officer of PT Kaltim Prima Chairman of Herald Resources Coal . Commissioner of PT Kaltim Prima Coal and PT Arutmin . Has held several senior positions in PT Bumi Resources Indonesia since 2001 . Extensive experience in mining operations, project . 21 years work experience in mining sector from BHP development and operations management Billiton President Director Director Yuanita Rohali Febriansyah Marzuki . Finance Director of Bakrie Energy International Pte. Ltd. Previously Finance Director of PT Bakrie & Brothers Tbk . Appointed as Unaffiliated Director (2004 – 2009) . Previously Corporate Finance Director of PT Capitalinc . Previously Head of Corporate Banking, Bank Credit Investment (July 2009 – June 2010), Lyonnais, Indonesia (1995 – 2002) . Assistant Vice President in Corporate Finance Division of . Member of the Indonesia Stock Exchange (IDX) Listing PT Recapital Securities Director Committee Director Senior Management Evan Ball Herwin Wahyu Hidayat Mohammad Sulthon . Over 7 years experience in . Expert in Indonesian mining law . Chief Executive Officer of Herald finance and Investor Relations Resources and Dairi Prima Minerals within upstream oil & gas . Director of PT Multi Daerah . Managing Director of Kaltim Prima industries Bersaing (owner of 24% stake in Coal with PT Bumi Resources (2003 Newmont Nusa Tenggara – 2006) . Corporate Banker with ABN Copper & Gold project) CEO . Over 20 years experience in mining Head of Amro (Global Corporate Group) Corporate Dairi Prima Minerals sector from Rio Tinto and Western Investor and Citibank (Financial Secretary / . Senior Legal Officer of PT Mining Corp. Relations Institutions & Public Sector) Chief Legal Arutmin Indonesia for 5 years (1998 – 2003) Officer 7 SG000UM7_AP_0810 Experienced Management Team Board of Commissioners Saptari Hoedaja Nalinkant Amratlal Rathod(1) Kanaka Puradiredja . 20 years of experience as top . President Commissioner of PT executive within Bakrie Group of Energi Mega Persada Tbk Companies (May 2007- Present) . Has 30 years in public accounting . President Director PT Bakrie & . President Commissioner of PT practice Brothers, Tbk (2008 – 2010) Kaltim Prima Coal . Former Managing Partner and (June 2007 - Present) . President Director of PT Kaltim Chairman of KPMG Indonesia President Commissioner Prima Coal and PT Arutmin Independent . President Commissioner of PT Commissioner Indonesia (2007 – Present) Commissioner . Former Honorary Chairman of the Arutmin Indonesia Board of Indonesian Institute of (June 2007 - Present) . Commissioner of PT Bumi Accountants Resources, Tbk and several Bakrie . President Director of PT Bumi Group of Companies (2005 – Resources Tbk Present) (1) Effective as of listing of BRM on the IDX. Audit Committee Kanaka Puradiredja Indra Safitri Setiyono Miharjo . Lecturer and Assistant Director at Economy and Business Faculty, University of Gajah Mada . Senior partner at law firm Safitri & Partner . Chairman of Audit Committee (Magister Program) . Has 30 years in public accounting practice . Qualified Internal Auditor . Editor-in-Chief of the Indonesian Journal of Accounting Research . Certified in Professional Risk Management . Former Managing Partner and Chairman of KPMG . Member
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