Hereunder, we presented specification of coal mining of PT. WAHANA SEMBADA ENERGY COMPANY OF INDONESIA based on our exploration 2008 with total mining areas about 25.000 hectare.

The results of coal specification based on Laboratory of Geo Services Co.,Ltd. Indonesia.

The Specification:

1)  - Total Moister:                   (AR    12, 81%        - 15, 42 %)

2) - Ash content                     (ADB 0, 44%        -   4, 172%)

3) - V meter                            (ADB 38, 66%      - 42, 48%)

4) - V carbon                         (ASB 43, 98%      - 50, 61%)

5) - Total Sulfur                      (AR     0, 17%      -   0, 47%)

6) - Gross Calorie value       (ADB 6434 kcl/kg 7952 kcl/kg)

7) - HGI                                   (                   39 46 index point)

Origin: East Kalimantan province of Indonesia Kutai Kartanegara Regency.

Product Capacity: 500.000 Mt/month

Loading rate: 30.000 50.00 MT/month

Price: FOB $ 71 to mother vessel. (One year contract)

Candidate buyer could prepare contract document on May 2009 and also proceed to site visit.