AKRA declares a dividend of Rp120/share totaling Rp473.8billion, payout of 45.8% with final dividend of Rp20/share payable in May 2016

PT AKR Corporindo Tbk (Bloomberg: AKRA.IJ) today held the Annual General Meeting of Shareholders (“AGMS”) for the financial year 2015 in Jakarta wherein shareholders approved the appropriation of Rp 473.8 billion as dividend from net profit of Rp 1,034 billion for the year ended 31^st December 2015. This represents a dividend of Rp120/share with payout of 45.8% from net profit attributable to equity holders of the parent entity.

The final dividend of Rp 20 per share will be paid on May 25, 2016, after deducting an interim dividend of Rp 100 per share which have been paid on 21^st August 2015.

A sum of Rp 200 million shall be set aside for the Reserve Fund and the remaining Rp 559.6 billion is to be recorded as Retained Earnings to be used as working capital of the Company.

The number of shareholders whom attended the meeting represented 85.527% or 3,390,011,113 out of issued capital of 3,963,667,735 shares. The AGMS considered and approved the following resolutions:

• Approved the Company’s Financial Statements for the financial year ended 31^st December 2015
• Approved the reappointment of Purwantono, Sungkoro & Surja (a member of firm of Ernst & Young Global Limited) as the external auditor of the Company
• Approved matters relating to Management Stock Option (“MSOP) program

A full transcript of the Minutes of Meeting is posted on the Company’s website on http://www.akr.co.id/