By PT. PLN Geothermal for Energy Business Forum of the 38 th Meeting of the APEC Working Group (Bali, November 17, 2009) 1.

byPT. PLN Geothermal

forEnergy Business Forum of the 38th Meeting

of the APEC Working Group(Bali, November 17, 2009)

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About PT. PLN Geothermal (PLN-G)

PLN-G is a subsidiary company of PT. PLN (Persero), a state-owned power company in Indonesia.

PLN-G was legally established on April 6, 2008 for aiming at supporting the power development business in Indonesia through the program of geothermal energy development .

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The Geothermal Power Business in Indonesia1. Indonesia presents a unique geothermal power value chain2. Incumbents operate at various points in this value chain3. Terminology:

a. Brownfield: A field that has had its geothermal resources tested sufficiently for development to proceed

b. Greenfield: Any field that has not yet been tested.c. Legacy WKP: WKP belonging to PGE and PLN governed by Keppres 45/1991. Includes

elements 4 through 9 of value chain.d. New WKP: WKP offered under Law 27/2003. Includes elements 1 through 9 of value

chain

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7. Power Plant Construction

8. Power Station O&M

1. Opportunity Identifica- tion

2. Preliminary Resource Assessment

3. WKP Proposal Preparation

4. Exploration

5. Feasibility Study& PPA Negotiation

6. Field Develop- ment

PLN-G (near-term)

9. Field O&M

Geothermal Power Value Chain

Greenfield

Brownfield

PLN-G (long-term)

Opportunities for PLN-G

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760 MW total (1,5,6)

40.5 MW total (1,5,6,8)

493 MW total (1)

430 MW total (1,5)

~1,800 MW total (1,5,6,8)

Near term (Captive) Long term (Competitive)

2009 2010 2011 2012 2013 2014

Up to 1,800 MW

40.5 MW

430 MW

493 MW

760 MW

Fit & Schedule: Business Line Staging

52015 2016

* If regulatory environment improves

Opportunities for Partnership (Near-term)

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Opportunities for Partnership (Long-term)

7

Key Notes

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9Jl. Wijaya I No. 61, Kebayoran Baru, Jakarta 12170, Indonesia. http://www.plngeo.com