The forestry growth and market

In 2012, wood products industry and other forest products is projected to grow at around 1.8 to 2.5%.

Indonesia is recognized as a country which has the third largest tropical forest in the world with a forest area reached 133.69 million ha in 2007 and continues to increase until 133.84 million ha in 2009.

The  forestry products  accounted  for  approximately  1.14%  of  the  total Indonesian GDP in 2011 (Badan Pusat Statistik Indonesia)

Indonesia is the biggest exporter of roundwood in Asia 

In 2010 up to 2011 the timber balance of trade surplus increased along with an increase in exports.

Japan and China are the main wood export destination countries .

The value of exports in 2012 (data up to April 2012) reached $1,15 billion with net exports of $1,02 billion

Reduction in forest area from 1990 to 2010 indicates of world timberproduction is increasingly growth.

Growth of forestry industry in 2011 and 2012

Details 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Annual GrowthNon oil & gas processing 

industry sector4.86 5.69 5.97 7.51 5.86 5.27 5.15 4.05 2.56 5.12 6.83

Food, beverages, and tobacco

1.07 0.19 2.69 1.39 2.75 7.21 5.05 2.34 11.22 2.78 9.19

Textiles, leather goods and footwear

3.40 3.23 6.18 4.06 1.31 1.23 (3.68) (3.64) 0.60 1.77 7.52

Wood and other forest products

0.54 0.62 1.19 (2.07) (0.92) (0.66) (1.74) 3.45 (1.38) (3.47) 0.35

Paper and printed (4.78) 5.26 8.41 7.61 2.39 2.09 5.79 (1.48) 6.34 1.67 1.50

Fertilizers, chemicals, and rubber

0.50 4.73 10.71 9.01 8.77 4.48 5.69 4.46 1.64 4.70 3.95

Cement and not metal mineral items

19.08 6.56 7.06 9.53 3.81 0.53 3.40 (1.49) (0.51) 2.18 7.19

Base metals iron and steel

(1.00) (1.28) (7.97) (2.61) (3.70) 4.73 1.69 (2.05) (4.26) 2.38 13.06

Transportation eqpt, machinery, &  eqpt

17.22 18.09 8.88 17.67 12.38 7.55 9.73 9.79 (2.87) 10.38 7.00

Other items 12.64 (11.08) 17.74 12.77 2.61 3.62 (2.82) (0.96) 3.19 3.00 1.82

Increase in amount of export from 2009 up to 2011.

• Majority of supply for forest industry is fulfilled from the country.• Orientation of forestry industrial products mostly allocated to meet

demand and other economic sectors, especially the group of buildings

Main Input % Commodities Output Allocation %Wood, bamboo, and rattan industry

30.52 Wood, bamboo, and rattan industry

Building 57.78

Wood 15.9 Bamboo, wood, and rattan industry

30.93

Trading 11.32 Trading 4.16Chemical industry 7.81 Industrial goods from the 

metal3.07

Other forest products 4.93 Not classified industrial goods

1.23

Land transport 4.06Petroleum refining 4.00Water transport 3.45Financial institutions 2.78Industrial machinery, tools, and electrical equipmen

2.41

Introducing the Forestry Business Project

Dharmarosa Group was incorporated in Indonesia with its focus to locate, evaluate, explore and develop natural resources, such as mineral, energy and forestry resources.

Furthermore, Dharmarosa Group is also involved in various property developments such as residential apartments and hotels. It is Dharmarosa’s vision is to be a diversified Company with the ability to provide resources to the world.

In Forestry, our aspiration is to achieve long term and sustainable growth as we understand the sensitive nature of the Forestry Industry and with this awareness, our group is able to maintain a stable economic return to our shareholders.

Dharmarosa Forestry is structured with three subsidiaries PT. SatyasenaIndratama (‘PT SI’) PT. Sulwood Export Development (‘PT SED’)Both SI and SED are forestry license holders with combined forest areas in excess of 122,800 Hectares in Central Sulawesi and have a logging quota of 3.000 m3/month or 36.000 m3/yearPT Libra Prima Perdana (‘PT LPP’).LPP is a wood processing company, able to convert the raw materials produced to semi finished goods (i.e. sound timber, etc.)

PT. SATYASENA INDRATAMA

Location : Donggala, Central SulawesiArea : 67,820 HaStatus : currently active and ongoing in accordance to Tebang Pilih

Tanam Indonesia (‘TPTI’) (Selective Logging License) which was granted to the Company in 2012

AKTA Pendirian / Deed of Establishment

: No. 358, Date: 26 September 1991AKTA Perubahan Terakhir / Latest Changes of Deed of Establishment

: No. 44, Date: 15 May 2012IUPHHK-HA : SK. MENHUT No. 81/Kpts-II/1997, Date: 06 February 1997Citra Landsat : Date: 05 September 2011RKU / General Work Plan : No. SK.23/VI-BUHA/2011, Date: 17 March 2011

SIUP / Business License : No. 0826/09-04/PM/91, Date: 15 October 1991NPWP / Tax ID : No. 01.546.888.7-061.000TDP / Registration : No. 090315 210432, Date: 19 March 2003

PT. SULWOOD EXPORT DEVELOPMENT

Location : Donggala, Central SulawesiArea : 54,980 HaStatus : currently active and ongoing doing maintenance of existing road

and building logging road for near-future logging activity.

AKTA Pendirian / Deed of Establishment

: No. 22, Date: 14 November 1996AKTA Perubahan Terakhir / Latest Changes of Deed of Establishment

: No. 22, Date: 25 April 2012IUPHHK-HA : SK. MENHUT No.: 220/Kpts-II/1998 Date: 27 February 1998Citra Landsat : No. S450IPSDH-2/2011 Date: 11 August 2011Pertek IHMB : Dinas Kehutanan No. 522.21/09.13/BUHHRKU / General Work Plan : No. 522.1/8321/V/Dishutbun, Date: 15 May 2012SIUP / Business License : No. 0042/2023/PB/1V/94 , Date: 15 April 1994NPWP / Tax ID : No. 02.816.275.8-77.000 Date: 09 April 2008TDP / Registration : No. 20231600505 Date: 26 January 1997

PT. LIBRA PRIMA PERDANA

Location : Palu, Central Sulawesi and Makassar, South SulawesiStatus : currently active and ongoing producing sound timber, veneer &

dowels, table top and door jam Capacity :

AKTA Pendirian / Deed of Establishment

CV. Libra Primathama : No. 42 Date: 27 January 2003AKTA Perubahan Terakhir / Latest Changes of Deed of Establishment

PT. Libra Prima Perdana : No. 29 Date: 28 August 2011

Izin Gangguan / Hinderordonnantie : No. 650-HO/1221/DPRP/2010 Date: 18 Oktober 2010

Surat Fiskal / Fiscal Letter : No. 3104/DPPKAD/CV-X/2010 Date: 15 October 2010

NPWP / Tax ID : No. 02.218.942.7-831.000 Date: 01 September 2003

TDP / Registration : No. 190514700941 Date: 25 November 2011

SIUP / Business Permit : No. 317/SIUP -M/XI/2011 Date: 25 November 2011

SIUI / Industrial Business Permit : No. 273/KDP.23/IND/SIUI-M/X/2010Date: 11 October 2010

PT. LIBRA PRIMA PERDANA

Badan Revitalisasi Industri Kehutanan (BRIK) / Forest Industry Revitalization :No. 4367/BRIK/AGT/K-S/I/2005, Date: 20 Januari 2005

Pengakuan Eksportir Terdaftar Produk Industri Kehutanan (ETPIK) / Acknowledgement as Registered Exporter of Forest Industry Product :

No. 4676/DAGLU/ETPIK/II/2005, Date: 01 Pebruari 2005Pengakuan Sebagai Pedagang Kayu Antar Pulau Terdaftar (PKAPT) / Acknowledgement as Registered Inter-Island Wood Merchant :

No. 247/Perpanjangan-1/PDN/6/2008, Date: 24 Juni 2008

SK. MENKUMHAM / Ministry of Law and Human Rights Decree : No. AHU/23792.AH.01.01.Tahun 2012, Date: 03 Mei 2012

Surat Izin Usaha Perdagangan (SIUP) / Business Permit : No. 317/SIUP-M/XI/2011, Date: 25 November 2011

Surat Izin Usaha Industri (SIUI) / Industrial Business Permit : No. 273/KDP.23/IND/SIUP-M/X/2010, Date: 11 October 2010

PT. SULWOOD EXPORT DEVELOPMENTPT. SATYASENA INDRATAMAMicroeconomic Assumptionin USD DollarAsumsi $1 = Rp 9,593

DescriptionOperation Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Depreciation % ‐                           5                            5                         5                       5                       5                       5                       5                        5                        Interest rate % 11                        11                         11                       11                    11                    11                    11                    11                     11                     Employee rate % ‐                           80                         100                    100                   100                  100                  100                  100                   100                   Tax % 28                        28                         28                       28                    28                    28                    28                    28                     28                     

PT. SULWOOD EXPORT DEVELOPMENTPT. SATYASENA INDRATAMAOperation Assumption

2,397,819.87     COGS item Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Tenaga Kerja Rp 79,433                254,185               317,732             317,732           317,732          317,732          317,732          317,732          317,732           Tenaga kerja pembukaan hutan Rp 12,697                40,630                  50,787               50,787              50,787             50,787             50,787             50,787             50,787              Bahan baku (produksi) Rp 1,966,434          6,292,588            7,865,735         7,865,735        7,865,735       7,865,735       7,865,735       7,865,735       7,865,735        Tenaga kerja pendukung Rp 3,127                  10,007                  12,509               12,509              12,509             12,509             12,509             12,509             12,509              Overhead Rp 3,386,845          10,837,903          13,547,378       13,547,378      13,547,378     13,547,378     13,547,378     13,547,378     13,547,378      Biaya produksi Rp 2,506,828          8,021,849            10,027,312       10,027,312      10,027,312     10,027,312     10,027,312     10,027,312     10,027,312      Depresiasi Rp ‐                           3,316,676            3,316,676         3,316,676        3,316,676       3,316,676       3,316,676       3,316,676       3,316,676        

Selling, General & Administration 2012 2013 2014 2015 2016 2017 2018 2019 2020Biaya umum & administrasi Rp ‐                           ‐                             ‐                          ‐                       ‐                       ‐                       ‐                       ‐                        ‐                        

Total cost before interest Rp 7,955,363          28,773,838          35,138,129       35,138,129      35,138,129     35,138,129     35,138,129     35,138,129     35,138,129      

Interest % 9,173,356            3,673,356         (0)                    Total cost after interest Rp 7,955,363          37,947,194          38,811,485       35,138,129      35,138,129     35,138,129     35,138,129     35,138,129     35,138,129      

Loan Component Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Debt Rp 83,394,142          33,394,142       (0)                     (0)                    Drawdown Rp 83,394,142       Interest RP 9,173,356            3,673,356         (0)                     (0)                    Principal payment Rp 50,000,000          33,394,142      

PT. SULWOOD EXPORT DEVELOPMENTPT. SATYASENA INDRATAMAIncome Statementin USD DollarAsumsi $1 = Rp 9,593

7,505,472.74    Description Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Revenue Rp ‐                        90,065,673         90,065,673      90,065,673      90,065,673      90,065,673      90,065,673      90,065,673      90,065,673       Cost Of Good SoldTenaga Kerja Rp 79,433              254,185              317,732            317,732             317,732            317,732            317,732            317,732            317,732             Tenaga kerja pembukaan hutan Rp 12,697              40,630                50,787              50,787               50,787              50,787              50,787              50,787              50,787               Bahan Baku Rp 1,966,434        6,292,588           7,865,735         7,865,735         7,865,735         7,865,735         7,865,735         7,865,735         7,865,735          Tenaga kerja pendukung Rp 3,127                10,007                12,509              12,509               12,509              12,509              12,509              12,509              12,509               Overhead Rp 3,386,845        10,837,903         13,547,378      13,547,378      13,547,378      13,547,378      13,547,378      13,547,378      13,547,378       Biaya produksi Rp 2,506,828        8,021,849           10,027,312      10,027,312      10,027,312      10,027,312      10,027,312      10,027,312      10,027,312       Depresiasi Rp ‐                        3,316,676           3,316,676         3,316,676         3,316,676         3,316,676         3,316,676         3,316,676         3,316,676          

Total Cost Rp 7,955,363        28,773,838         35,138,129      35,138,129      35,138,129      35,138,129      35,138,129      35,138,129      35,138,129       Gross Profit Rp (7,955,363)       61,291,834         54,927,544      54,927,544      54,927,544      54,927,544      54,927,544      54,927,544      54,927,544       

Selling, General and Adm.Biaya Umum dan Administrasi ‐                        ‐                           ‐                         ‐                          ‐                         ‐                         ‐                         ‐                          ‐                          

Total SGA Expenses Rp ‐                        ‐                           ‐                         ‐                          ‐                         ‐                         ‐                         ‐                          ‐                          Operating profit Rp (7,955,363)       61,291,834         54,927,544      54,927,544      54,927,544      54,927,544      54,927,544      54,927,544      54,927,544       

Interest Rp ‐                        9,173,356           3,673,356         (0)                        ‐                         ‐                         ‐                         ‐                          ‐                          Tax Rp ‐                        593,174              5,000,813         15,379,712      15,379,712      15,379,712      15,379,712      15,379,712      15,379,712       

Net profit Rp (7,955,363)       51,525,305         46,253,375      39,547,832      39,547,832      39,547,832      39,547,832      39,547,832      39,547,832       

PT. SULWOOD EXPORT DEVELOPMENTPT. SATYASENA INDRATAMACash Flow Projectionin USD DollarAsumsi $1 = Rp 9,593

Description Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Revenue Rp ‐                        90,065,673    90,065,673    90,065,673    90,065,673     90,065,673     90,065,673     90,065,673     90,065,673      Loan Drawdown Rp 83,394,142

Capital Investment Rp (66,333,519)   CoGS Rp (7,955,363)      (28,773,838)   (35,138,129)   (35,138,129)   (35,138,129)    (35,138,129)    (35,138,129)    (35,138,129)    (35,138,129)     SGA Rp ‐                        ‐                       ‐                       ‐                        ‐                        ‐                        ‐                        ‐                         ‐                         Total Cost Rp (7,955,363)      (28,773,838)   (35,138,129)   (35,138,129)   (35,138,129)    (35,138,129)    (35,138,129)    (35,138,129)    (35,138,129)     

Operating Profit Rp (7,955,363)      61,291,834    54,927,544    54,927,544    54,927,544     54,927,544     54,927,544     54,927,544     54,927,544      

EBIT Rp (7,955,363)      61,291,834    54,927,544    54,927,544    54,927,544     54,927,544     54,927,544     54,927,544     54,927,544      

Interest 11% Rp ‐                        (9,173,356)     (3,673,356)     (0)                      ‐                        ‐                        ‐                        ‐                         ‐                         Tax 28% Rp ‐                        (593,174)         (5,000,813)     (15,379,712)   (15,379,712)    (15,379,712)    (15,379,712)    (15,379,712)    (15,379,712)     

Net Profit Rp 9,105,259        51,525,305    46,253,375    39,547,831    39,547,832     39,547,832     39,547,832     39,547,832     39,547,832      Loan principal payment Rp (50,000,000)   (33,394,142)   ‐                       

Free Cash Flow Rp 9,105,259        10,630,564    23,489,797    63,037,629    102,585,460   142,133,292   181,681,123   221,228,955   260,776,786    

PT LIBRA PRIMA PERDANAMicroeconomic Assumption

DescriptionOperation Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Depreciation % ‐                                5 5 5 5 5 5 5 5Interest rate % 11                             11 11 11 11 11 11 11 11Employee rate % ‐                                80 100 100 100 100 100 100 100Tax % 28                             28                             28                             28                             28                              28                             28                             28                              28                              

PT LIBRA PRIMA PERDANAOperation Assumption(unit produksi makassar)

COGS item Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Bahan Baku Rp 26,730,000,000     106,920,000,000    106,920,000,000    106,920,000,000    106,920,000,000      106,920,000,000    106,920,000,000    106,920,000,000    106,920,000,000     Tenaga Kerja Rp 783,900,000           2,508,480,000        3,135,600,000        3,135,600,000        3,135,600,000          3,135,600,000        3,135,600,000        3,135,600,000        3,135,600,000         Biaya Manajemen Rp 160,500,000           642,000,000            642,000,000            642,000,000            642,000,000             642,000,000            642,000,000            642,000,000            642,000,000             Biaya Overhead Rp 1,598,850,000       6,395,400,000        6,395,400,000        6,395,400,000        6,395,400,000          6,395,400,000        6,395,400,000        6,395,400,000        6,395,400,000         Depresiasi Rp ‐                                1,262,115,288        1,262,115,288        1,262,115,288        1,262,115,288          1,262,115,288        1,262,115,288        1,262,115,288        1,262,115,288         

Selling, General & AdministrationBiaya umum & administrasi Rp 172,140,000           688,560,000            688,560,000            688,560,000            688,560,000             688,560,000            688,560,000            688,560,000            688,560,000             

Total cost before interest Rp 29,445,390,000     118,416,555,288    119,043,675,288    119,043,675,288    119,043,675,288      119,043,675,288    119,043,675,288    119,043,675,288    119,043,675,288     

Interest Rp ‐                                7,150,000,000        3,850,000,000       Total cost after interest Rp 29,445,390,000     125,566,555,288    122,893,675,288    119,043,675,288    119,043,675,288      119,043,675,288    119,043,675,288    119,043,675,288    119,043,675,288     

Loan Component Unit 2012 2013 2014 2015 2016 2017 2018 2019 2020Debt Rp 65,000,000,000      35,000,000,000      ‐                           Drawdown Rp 65,000,000,000    Interest RP 7,150,000,000        3,850,000,000       Principal payment Rp 30,000,000,000      35,000,000,000     

PT LIBRA PRIMA PERDANAIncome Statement

Description 2012 2013 2014 2015 2016 2017 2018 2019 2020Revenue ‐                                 154,464,000,000     154,464,000,000    154,464,000,000    154,464,000,000      154,464,000,000    154,464,000,000    154,464,000,000    154,464,000,000     Cost Of Good SoldBahan Baku 26,730,000,000      106,920,000,000     106,920,000,000    106,920,000,000    106,920,000,000      106,920,000,000    106,920,000,000    106,920,000,000    106,920,000,000     Tenaga Kerja 783,900,000            2,508,480,000         3,135,600,000        3,135,600,000        3,135,600,000          3,135,600,000        3,135,600,000        3,135,600,000        3,135,600,000         Biaya Manajemen 160,500,000            642,000,000             642,000,000            642,000,000            642,000,000              642,000,000            642,000,000            642,000,000            642,000,000             Biaya Overhead 1,598,850,000        6,395,400,000         6,395,400,000        6,395,400,000        6,395,400,000          6,395,400,000        6,395,400,000        6,395,400,000        6,395,400,000         Depresiasi ‐                                 1,262,115,288         1,262,115,288        1,262,115,288        1,262,115,288          1,262,115,288        1,262,115,288        1,262,115,288        1,262,115,288         

Total Cost 29,273,250,000      117,727,995,288     118,355,115,288    118,355,115,288    118,355,115,288      118,355,115,288    118,355,115,288    118,355,115,288    118,355,115,288     Gross Profit (29,273,250,000)     36,736,004,712       36,108,884,712      36,108,884,712      36,108,884,712        36,108,884,712      36,108,884,712      36,108,884,712      36,108,884,712       

Selling, General and Adm.Biaya Umum dan Administrasi 172,140,000            688,560,000             688,560,000            688,560,000            688,560,000              688,560,000            688,560,000            688,560,000            688,560,000             

Total SGA Expenses 172,140,000            688,560,000             688,560,000            688,560,000            688,560,000              688,560,000            688,560,000            688,560,000            688,560,000             Operating profit (29,445,390,000)     36,047,444,712       35,420,324,712      35,420,324,712      35,420,324,712        35,420,324,712      35,420,324,712      35,420,324,712      35,420,324,712       

Interest ‐                                 7,150,000,000         3,850,000,000        ‐                                 ‐                                  ‐                                 ‐                                 ‐                                  ‐                                  Tax ‐                                 ‐                                  ‐                                 9,917,690,919        9,917,690,919          9,917,690,919        9,917,690,919        9,917,690,919        9,917,690,919         

Net profit (29,445,390,000)     28,897,444,712       31,570,324,712      25,502,633,793      25,502,633,793        25,502,633,793      25,502,633,793      25,502,633,793      25,502,633,793       

PT LIBRA PRIMA PERDANACash Flow Projection

Description 2012 2013 2014 2015 2016 2017 2018 2019 2020Revenue ‐                                 154,464,000,000       154,464,000,000     154,464,000,000     154,464,000,000     154,464,000,000     154,464,000,000     154,464,000,000     154,464,000,000      Loan Drawdown 65,000,000,000    

Capital Investment (25,242,305,760)   CoGS (29,273,250,000)    (117,727,995,288)      (118,355,115,288)    (118,355,115,288)    (118,355,115,288)    (118,355,115,288)    (118,355,115,288)    (118,355,115,288)    (118,355,115,288)     SGA (172,140,000)         (688,560,000)              (688,560,000)            (688,560,000)            (688,560,000)             (688,560,000)            (688,560,000)            (688,560,000)            (688,560,000)             Total Cost (29,445,390,000)    (118,416,555,288)      (119,043,675,288)    (119,043,675,288)    (119,043,675,288)    (119,043,675,288)    (119,043,675,288)    (119,043,675,288)    (119,043,675,288)     

Operating Profit (29,445,390,000)    36,047,444,712          35,420,324,712        35,420,324,712        35,420,324,712         35,420,324,712        35,420,324,712        35,420,324,712        35,420,324,712         

EBIT (29,445,390,000)    36,047,444,712          35,420,324,712        35,420,324,712        35,420,324,712         35,420,324,712        35,420,324,712        35,420,324,712        35,420,324,712         

Interest 11% ‐                            (7,150,000,000)          (3,850,000,000)        ‐                              ‐                              ‐                              ‐                              ‐                               ‐                               Tax 28% ‐                                 ‐                                   ‐                                  (9,917,690,919)        (9,917,690,919)         (9,917,690,919)        (9,917,690,919)        (9,917,690,919)        (9,917,690,919)         

Net Profit (29,445,390,000)    28,897,444,712          31,570,324,712        25,502,633,793        25,502,633,793         25,502,633,793        25,502,633,793        25,502,633,793        25,502,633,793         Loan principal payment ‐                                 30,000,000,000          35,000,000,000        ‐                                 Free Cash Flow 10,312,304,240     9,209,748,952            5,780,073,664          31,282,707,457        56,785,341,249         82,287,975,042        107,790,608,835     133,293,242,627     158,795,876,420      

•Total forestry area (Primary & Secondary) of 57.951 Ha.

• analysed in 2011 has the potential for commercial harvest :

• Size 40 cm up for 71,69 m3 / Hektar or about 4.154.507,19 M3

• Size 50 cm up for 58,21 m3 / Hektar or about 3.373.327,71 M3

•The total potential for commercial harvest is 7.527.834,90 M3

* Inventarisasi Hutan Menyeluruh Berkala (IHMB) data in 2012

PT. SATYASENA INDRATAMA

Type Size 40 cm ↑ Size 50 cm ↑ Total

Kayu Indah 3,71 m3/ha 3,08 m3/ha 6,79 m3/ha

Meranti 24,67 m3/ha 21,04 m3/ha 45.71 m3/ha

Rimba Campuran 43,32 m3/ha 34,09 m3/ha 77,41 m3/ha

• Total forestry area (Primary & Secondary) of 30.468 Hektar.

• Analysed in 2011 has the potential for commercial harvest :

• Size 40 cm up for 65,54 m3 / Ha or about 1.996.872,72 M3

• Size 50 cm up sebesar 45,52 m3 / Ha or about 1.386.903,36 M3

•The total potential for commercial harvest is 3.383.776,08 M3

PT. SULWOOD EXPORT DEVELOPMENT

* Inventarisasi Hutan Menyeluruh Berkala (IHMB) data in 2011

Type Size 40 cm ↑ Size 50 cm ↑ Total

Kayu Indah 6,12 m3/ha 4,29 m3/ha 10,41 m3/ha

Meranti 20,99 m3/ha 15,26 m3/ha 36,25 m3/ha

Rimba Campuran 38,43 m3/ha 25,97 m3/ha 64,4 m3/ha

We have the largest concession area in Sulawesi. Total area in excess of 122.800 Ha

In 2012, our production quota is 3.000 Ha/month or 36.000 Ha/year

Current product output from PT SPP are Veneer & Dowels (exported to Japan), Table Tops (exported to Germany), and Door Jam (exported France).

DHARMAROSA GROUP

Menara 165 lt.22

Jl. TB Simatupang Kav.1, Cilandak Timur. Jakarta Selatan 12560, Indonesia

Telephone : +62 21 2940 7140

Facsimile : +62 21 2940 7150

www.dharmarosa.com