EP Tyre I

completed

PT Elangperdana Tyre Industry (“EP Tyre”, or “the Company”) is a tire manufacturer based in Citeurup, Bogor, West Java, Indonesia. EP Tyres has an annual manufacturing capacity of 4.2 million tires per annum and principally manufactures budget premium tires for the domestic and international replacement market. The Company was incorporated in 1994 and commercial production from the plan commenced in 1998. The technological processes and factory layout were provided by Vredestein Consulting B.V. one of the largest specialized European tire producers.EP Tyre is now planning to expand its manufacturing capacity by 2,000 tires per day (the “Project”). The Project is expected to debottleneck certain critical processes and increase the effective tire manufacturing capacity of the plant as a whole. Apart from the capital expenditure for the expansion, the Company also intends to refinance and extend the tenor for a portion of its existing loans.