You must read the following disclaimer before continuing.
The following disclaimer applies to the attached tender offer memorandum (as it may be supplemented or amended from time to time,
the Tender Offer Memorandum) and you are therefore required to read this disclaimer page carefully before accessing, reading
or making any other use of the Tender Offer Memorandum. By accessing, reading or making any other use of the Tender
Offer Memorandum, you agree (in addition to giving the representations below) to be bound by the following terms and conditions,
including any modifications to them from time to time, each time you receive any information from PT Pertamina (Persero)
(the Company), Citigroup Global Markets Inc., Crιdit Agricole Corporate and Investment Bank, The Hongkong
and Shanghai Banking Corporation Limited, Mandiri Securities Pte. Ltd. and Mizuho Securities Asia Limited (the Dealer Managers)
or D.F. King & Co., Inc. (the Information and Tender Agent) as a result of such access.
Capitalized terms used but not otherwise defined in this disclaimer shall have the meaning given to them in the Tender
Confirmation of your representation:
In order to be eligible to view the Tender Offer Memorandum or make an investment decision with respect to either Tender Offer,
you must be able to participate lawfully in the invitations by the Company to Holders of each Series of Notes (as defined below)
issued by it to tender Notes for purchase by the Company for cash (the Tender Offers) on the terms and subject to the conditions
set out in the Tender Offer Memorandum. By accessing the Tender Offer Memorandum,
you shall be deemed to have represented to the Company, the Dealer Managers and the Information and Tender Agent that:
you are a Holder or a beneficial owner of:
a. any of the US$1,000,000,000 outstanding 5.25% Senior Notes due 2021
(Regulation S ISIN: USY7138AAA89; Rule 144A ISIN: US69369EAA73; Regulation S CUSIP: Y7138A AA8; Rule 144A CUSIP: 69369E AA7)
issued by the Company (the 2021 Notes); or
b. any of the US$1,242,000,000 outstanding 4.875% Senior Notes due 2022 (Regulation S ISIN: USY7138AAC46; Rule 144A ISIN: US69369EAC30; Regulation S CUSIP: Y7138A AC4; Rule 144A CUSIP: 69369E AC3)
issued by the Company (the 2022 Notes and, together with the 2021 Notes, the Notes);
you are a person to whom it is lawful to send the Tender Offer Memorandum or to make an invitation pursuant to the Tender Offers under all applicable laws;
you consent to delivery of the Tender Offer Memorandum to you by electronic transmission; and
(iv) you shall not distribute or forward the Tender Offer Memorandum to third parties or otherwise make the Tender Offer Memorandum
The Tender Offer Memorandum has been sent to you in an electronic form. You are reminded that documents transmitted
via this medium may be altered or changed during the process of transmission and consequently none of the Company,
the Dealer Managers, the Information and Tender Agent or any person who controls, or any director, officer, employee,
agent or affiliate of, any such person accepts any liability or responsibility whatsoever in respect of any difference
between the Tender Offer Memorandum distributed
to you in electronic format and the hard copy version available to you on request from the Information and Tender Agent.
The Tender Offer Memorandum has been sent to you on the basis that you may not, nor are you authorized to,
deliver it to any other person or to reproduce it in any manner whatsoever.
Any materials relating to the Tender Offers do not constitute, and may not be used in connection with, any form of offer
or solicitation in any place where such offers or solicitations are not permitted by law. In those jurisdictions where securities
or other laws require either Tender Offer to be made by a licensed broker or dealer and any of the Dealer Managers or,
where the context so requires, any of their respective affiliates is such a licensed broker or dealer in that jurisdiction,
such Tender Offer shall
be deemed to be made on behalf of the Company by such Dealer Manager or affiliate (as the case may be) in such jurisdiction.
The distribution of the Tender Offer Memorandum in certain jurisdictions may be restricted by law.
Persons into whose possession the Tender Offer Memorandum comes are required by the Company,
the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.
You are responsible for protecting against viruses and other destructive items. Your use of this electronic communication is
at your own risk. It is your responsibility to
take precautions to ensure that this electronic communication is free from viruses and other items of a destructive nature.
By clicking "I AGREE"
below, you acknowledge that you are a Person with Interest in the
Bonds entitled to view the contents of
this website and you acknowledge and agree to the terms and
conditions set forth above. Specifically, by clicking "I AGREE"
below, you acknowledge that you are a person into whose possession
the Offer Document may be lawfully delivered in accordance
with the laws of the jurisdiction in which you are located. If you
are not a Person with Interest in the Bonds, or you do not so acknowledge and agree, you are not
entitled to enter website. If this is the case you must leave the
website by clicking "I DISAGREE" below.