United Tractors Generated Rp 3.82 Trillion Net Profit for 2009

Despite the volatile time in 2009, initial signs of economic recovery has driven the Company’s overall performance in better shape than early projection, and even managed to record its best performance throughout the Company history. A good performance of the Company’s mining contracting subsidiary, PT Pamapersada Nusantara (Pama), presented significant contribution. As the result, the Company’s consolidated revenue continued to grow, from Rp27.90 trillion in 2008 to Rp29.24 trillion in 2009. To this total net revenue, Mining Contracting business contributed 53%, while Construction Machinery experienced a decline and contributed 37% and the remaining 10% was contributed by Mining.

Following various efforts to increase productivity and efficiency, the Company recorded 24% increase in operating profit, from Rp4.16 trillion to Rp5.17 trillion. Driven by the increased performance and scale of production in mining contracting, higher revenue contribution from heavy equipment’s after sales services as well as favorable exchange rate, the Company registered a net profit increase of 43%, from Rp2.66 trillion to Rp3.82 trillion.

Total Komatsu sales volume by end of 2009 reached 3,111 units or down 28%. However, revenue from spare part sales and maintenance services showed an increase of 23% compared to the same period last year. Pama extracted 68.0 million tons of coal, a rise of 15%, while overburden removal was increased by 35% to 597.9 million bcm. Coal sales volume from the Mining business unit amounted to 2.4 million tons.

On 11 November 2009, the Company has distributed interim dividend for 2009, in the total amount of Rp432.5 billion, or Rp130 per share, while the final dividend will be proposed at the Company’s Annual General Meeting of Shareholders in May 2010.