APPOINTMENT AND ALTERATION OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS OF PT ADVANCE STABILINDO INDUSTRY

PT LAUTAN LUAS Tbk (the “Company”) herewith announces appointment and alteration of the Board of Directors and the Board of Commissioners of PT Advance Stabilindo Industry, the Company’s subsidiary company, effective as of 19^th June 2017,  with following composition:

Previously:

President Director                  : Joshua Chandraputra Asali

Director                                 : Ridwan Kartolo

President Commissioner         : Indrawan Masrin

Commissioner                        : Jimmy Masrin

Commissioner                        : Herman Santoso

Thereafter :

Director                                : Ridwan Kartolo

President Commissioner        : Indrawan Masrin

Commissioner                       : Joshua Chandraputra Asali