PT Bakrie Sumatera Plantations Tbk : Invitation to Second AGMS 15 June 2017

INVITATION The Second Annual General Meeting of Shareholders PT Bakrie Sumatera Plantations Tbk

Do hereby conveyed to the Shareholders of PT Bakrie Sumatera Plantations Tbk ("Company") that on 5 June 2017, the Company has held the Annual General Meeting of Shareholders ("Meeting"), however the attendance of the Shareholders or their authorize representative have not fulfilled the quorum as stipulated in the Company's Articles of Association and Regulation of Financial Services Authorities Number 32/POJK.04/2014 concerning Planning and Holding General Meetings of Shareholders of Public Limited Companies, therefore the Meeting could not be held.

In connection with the aforementioned, The Board of Directors of the Company hereby invite the Shareholders of the Company to attend the Second Annual General Meeting of Shareholders ("Second Meeting"), which will be held on:

Date : Thursday, June 15th, 2017

Time : 10:00 Western Indonesian Time

Place : Bakrie Tower 25thFloor,

Complex Rasuna Epicentrum, Jl. HR Rasuna Said, Kuningan, Jakarta 12940

Agenda of the Second Meeting are the same with the Agenda of the Meeting as follows:

1. Approval and ratification of Annual Report, including Financial Statement and Supervisory Report from the Board of Commissioners for financial year ended 31 December 2016.

2. Approval and ratification of the Balance Sheet and Profit - Loss for financial year ended 31 December 2016.

3. Appointment and establishment of a Public Accountant to audit the Company's financial statement for financial year ended 2017.

4. Change of the management composition of the Company.

Notes:

1. This invitation shall serve as the official invitation of the Second Meeting to all of the Company's Shareholders.

2. The Shareholders who are entitled to attend or be represented in this Second Meeting are as follows:

3. The Shareholders whose shares have not been electronically registered into the Collective Custody at PT Indonesian Central Securities Depository ("PT KSEI"), only the Shareholders or their authorized representative whose names are registered in the Company's Register of Shareholders at 04:00 PM Western Indonesia Time on Tuesday, June 6th, 2017 at the Stock Administration Bureau of the Company, PT EDI Indonesia, Wisma SMR 10thFloor, Jl. Yos Sudarso Kav.89, Jakarta 14350, Telephone: [phone], Fax: [phone];

4. The Shareholders whose shares have been registered into the Collective Custody at PT KSEI, only the Shareholders or their authorized representative whose names are registered in the Company's Register of Shareholders at 04:00 PM Western Indonesia Time on Tuesday, June 6th, 2017 and in the securities account holder of Custodian Bank/Stock member.

5. For the Shareholders whose shares have been registered into the Collective Custody at PT KSEI, the appointment of an authorized representative by a Securities Company or Custodian Bank whose names are registered in the Account Holder List (DPR) and the Written Confirmation to Attend the Meeting (KTUR) can only be given to an employee of the aforementioned Securities Company or Custodian Bank. Appointment of an authorized representative by the Account Holder at PT KSEI to their investor in order to attend the Second Meeting is not allowed;

6. The Shareholders who are unable to attend the Second Meeting, may be represented by its Attorney-in- Fact by providing a Power of Attorney, provided that the Board of Directors, the Board of Commissioners and the Employee of the Company may act as the Attorney-in-Fact in the Second

   Meeting, however their votes as the Attorney-in-Fact shall not be accounted in the calculation of the entire voting rights issued in the Second Meeting.

7. The form of the Power of Attorney can be obtained through the Company's Corporate Secretary at Bakrie Tower 19thFloor, Komplek Rasuna Epicentrum, Jl. H.R. Rasuna Said, Jakarta 12940. The duly executed Power of Attorney should be received by the Company in at least 3 (three) working days before the Second Meeting date.

8. The Shareholders or their Attorney-in-Fact who will attend the Second Meeting are required to carry and submit a copy of their Identification Card (KTP) or other legitimate form of identification to the registration officer, before entering the Second Meeting venue. For Shareholders in the form of legal entity are required to submit a copy of its articles of association and the latest amendment (if any), along with the deed concerning the latest Board of Directors and Board of Commissioners composition. For Shareholders in the collective custody at PT KSEI are required to present KTUR, before entering the Second Meeting venue.

9. Materials of the Agenda of the Second Meeting are available at the Company's website and can be obtained before the Second Meeting commence.

10. For registration process purpose, the Shareholders or their Attorney-in-Fact are requested to arrive in the Second Meeting venue at the latest 30 minutes before the commencement of the Second Meeting.

11. 7 Juni 2017

    PT Bakrie Sumatera Plantations Tbk Direksi