In accordance with Indonesia Financial Services Authority Regulation No. 31/POJK.04/2015 regarding Disclosure of Information or Material Facts by issuer or Public Company, the Company hereby announces that on March 22, 2018, Mr. Rudy Tjahjana has tendered resignation from his position as Director of the Company.

Shareholders List as of February 2018

The following Company’s subsidiary has effectively increased its issued and paid up capital as follows

On 8 February 2018, Golden Energy and Resources Limited ("GEAR"), Company’s direct subsidiary, announced its plan to issue Secured Notes on 14 February 2018

Shareholders List as of January 2018