Thursday, February 11, 2010

Implementation of Price Adjustment and Series I Warrants Number of Warrants PT Bakrie Sumatera Plantations Tbk (UNSP-W).

Based on the information we received from PT Bakrie Sumatera Plantations Tbk through letter No. 027/CS-BSP/BEI/II/2010 dated 09 Februari 2010 Subject: Implementation of Price Adjustment and the number of Series I Warrants in connection with the Third Limited Public Offering of PT Bakrie Sumatera Plantations Tbk (Persero), it is hereby informed that the price and number of Warrant Execution Series I PT Bakrie Sumatera Plantations Tbk to adjust with the following conditions:

1. Price Execution Warrants Series I UNSP experiencing adjustment of USD 1375, - (one thousand three hundred and seventy-five rupiah) to Rp 1286, - (one thousand two hundred and eighty-six Rupiah) per share.

2. The number of Series I Warrants will be adjusted from 364,096,815 warrants (warrants remaining as of February 2, 2010) to 389,285,902 Warrants warrants that the addition of the new Series I is a ratio of 25,189,087 Warrants so long is the Series I 159: 11, where each 159 Series I Warrant holders will get the old 11 Series I Warrants new, with the stipulation that if there was additional Warrants Series I in fractions, then the fragments will be submitted to the Company until the end of the Series I Warrants only after adjustment amounted to 389,285. 902 warrants.

3. The implementation of this price adjustment will be effective from the date of February 10, 2010

The Schedule of Adjustment of Warrant Series I is as follows:

  • Securities account determination date is eligible for adjustment of warrants (Recording Date)    ---->February 12, 2010

  • .Date of Series I Warrants distribution of adjustment   ---->February 15, 2010

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