OVERSEAS REGULATORY ANNOUNCEMENT

Transcription

1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document. (Incorporated with limited liability under the laws of Bermuda) Website: (Stock Code: 00142) OVERSEAS REGULATORY ANNOUNCEMENT (This overseas regulatory announcement is issued pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.) Please refer to the attached filing made by Indofood Agri Resources Ltd. to the Singapore Stock Exchange, in relation to the disclosure made by its listed subsidiary, PT. PP London Sumatra Indonesia Tbk relating to its Unaudited Consolidated Financial Statements and Press Release for the first half ended 30 th June, Dated this the 25 th day of August, 2010 As at the date of this announcement, the board of directors of First Pacific Company Limited comprises the following directors: Anthoni Salim, Chairman Manuel V. Pangilinan, Managing Director and CEO Edward A. Tortorici Robert C. Nicholson Ambassador Albert F. del Rosario Napoleon L. Nazareno Professor Edward K.Y. Chen*, GBS, CBE, JP Tedy Djuhar Ibrahim Risjad Benny S. Santoso Graham L. Pickles* Sir David W.C. Tang*, KBE Jun Tang* *Independent Non-executive Directors

2 MISCELLANEOUS Page 1 of 1 8/25/2010 MISCELLANEOUS * Asterisks denote mandatory information Name of Announcer * Company Registration No. Announcement submitted on behalf of Announcement is submitted with respect to * Announcement is submitted by * Designation * INDOFOOD AGRI RESOURCES LTD G INDOFOOD AGRI RESOURCES LTD. INDOFOOD AGRI RESOURCES LTD. Mak Mei Yook Company Secretary Date & Time of Broadcast 25-Aug :59:47 Announcement No >> ANNOUNCEMENT DETAILS The details of the announcement start here... Announcement Title * PT PP London Sumatra Indonesia Tbk ( Lonsum )'s Financial Statements and Press Release for 1H2010 Description The Board of Directors of Indofood Agri Resources Ltd wishes to announce that its listed subsidiary in the Indonesia Stock Exchange, Lonsum, has released announcements relating to its Unaudited Consolidated Financial Statements and Press Release for the first half ended 30 June Please refer to the attached documents. Attachments LSIPPress1H2010.pdf.pdf LSIPFS1H2010.pdf.pdf Total size = 1159K (2048K size limit recommended)

3 PT PP London Sumatra Indonesia Tbk PRESS RELEASE LONSUM First Semester 2010 FINANCIAL RESULT Jakarta, 25 August 2010 PT PP London Sumatra Indonesia Tbk ( Lonsum ) today announced its financial result for the period ended June 30, Lonsum reported consolidated net sales of Rp1.57 trillion, increased by 8.3% from Rp1.45 trillion in first semester 2009, mainly due to higher sales of rubber and SumBio oil palm seeds. Sales contribution in first semester 2010 were as follows: palm products 76%, rubber 18%, seeds 5%, and others 1%, while sales composition in first semester 2009 were as follows: palm products 84%, rubber 12%, seeds 2%, and others 2%. Despite higher sales, cost of goods sold in first semester 2010 decreased by 3.3% mainly due to lower upkeep & cultivation cost as well as lower crops purchased from Plasma and third parties. Operating expenses also decreased by 12.0% mainly due to lower remuneration expenses. Income from operations increased by 43.4% to Rp570.7 billion from Rp398.1 billion and operating margin improved to 36.4% from 27.5% mainly due to the impact of stronger prices of rubber and improved SumBio oil palm seeds sales volume as well as lower operating expenses. Overall, net income increased 45.7% to Rp417.8 billion from Rp286.7 billion. Nucleus FFB production reached thousand tons in first semester 2010, which is 1.6% lower compared to thousand tons in first semester Meanwhile, FFB purchased from Plasma and third parties decreased 20.4% to thousand tons. As a result, in first semester 2010, Lonsum produced thousand tons of CPO, which is 4.0% lower compared to thousand tons in first semester Rubber production decreased 11.3% to 10,622 tons mainly due to less crop purchased from Plasma and third parties. Benny Tjoeng, the President Director of Lonsum, quoted Lonsum s overall production and sales performance have improved in 2Q2010 compared to 1Q2010. We are pleased to achieve 46% increase in net income in first semester 2010 compared to last year and we will continue to focus on operational improvement. -End- About PT PP London Sumatra Indonesia Tbk PT PP London Sumatra Indonesia Tbk ( Lonsum ) (IDX: LSIP) is a leading oil palm plantation company in Indonesia. Lonsum was established in 1906, and is one of Indonesia s oldest and largest publicly-listed plantation companies. It operates 38 company-owned estates and 13 plasma estates across North and South Sumatra, East Kalimantan, Java and Sulawesi covering mainly oil palm and rubber. In April 2009, Lonsum received certification as sustainable palm oil producer for all plantations and facilities in North Sumatra. Lonsum produces approximately 170,000 tons of certified sustainable palm oil (CSPO) per annum. dan fasilitas produksinya di Sumatra Utara. Lonsum memproduksi sekitar ton per tahun minyak sawit yang berkelanjutan (CSPO). For further information, please contact: investor.relations@londonsumatra.com World Trade Center 15 th Floor - Jl. Jend. Sudirman Kav , Jakarta 12920, Indonesia. Tel.(62-21) Fax.(62-21)

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