AKRA : CASH DIVIDEND - RP 25 PER SHARE – AKR AGM HELD ON 4TH MAY 2010

Dear Madam/Sir,

Cash Dividend payout of Rp 25 per share was approved by the Annual General Meeting of PT AKR Corporindo Tbk., which was held on 4th May 2010.

PAYOUT RATIO : 34.43%

Shareholders of the company approved payout of 34.43% out of the Net profit of the Company for the year 2009; the total amount of dividend which will be paid to shareholders is Rp 94.59 billion from the Net profit after tax of Rp 274.7 billion. This is in line with the Company’s payout of cash dividend of over 30% of its net profit over the past 6 years.

RECORDING DATE : 31ST MAY 2010:

the Recording date for the Dividend payment is 31st May 2010; Subject to the approval of the Indonesian Stock Exchange the Company is expected to pay the dividend to eligible shareholders who appear in the Shareholder list as on recording date on 14th June 2010.

Other resolutions passed during the AGM, include approval of the Annual report of the Board of Directors and audited financial statements for the year 2009, the appointment of the external auditors for auditing the Company’s financial statements for the financial year 2010 as well as matters related to the delegation of powers to amend the Articles of Association related to the Management Stock Option Plan (MSOP).
The above is a rough summary of the matters discussed and is provided for information purposes only. The official transcript of the meeting will be published in Bahasa Indonesia and filed with the Stock Exchange and Bapepam in due course. Please refer to the same.
Regards

V Suresh
Director
PT AKR Corporindo Tbk.