Bumi Resources Tbk PT : SUMMARY PROSPECTUS PUT V BUMI_4 July 2017 (Bilingual)

ADDITIONAL AND/OR REVISED INFORMATION ON BRIEF PROSPECTUS PT BUMI ResourceS TBK MAIN OPERATIONS

Oil, Natural Gas, Mining and Mineral OFFICE

Rasuna Epicentrum, Bakrie Tower, Lt 12

Jl. H.R. Rasuna Said, Jakarta 12940, Indonesia Phone: [phone], Facsimile: (62-21) 5794 2070

E-mail: [e-mail], Website: www.bumiresources.com

LIMITED PUBLIC OFFERING V ("LPO V") TO THE SHAREHOLDERS COMPANY EXPLANATION OF MCB ISSUANCE

ISSUANCE OF MANDATORY CONVERTIBLE BOND GIVEN the NAME MANDATORY CONVERTIBLE BOND (HEREINAFTER REFERRED TO AS "MCB") OF 8.457.165.000.000 (EIGHT TRILLION FOUR HUNDRED FIFTY SEVEN BILLION ONE HUNDRED SIXTY FIVE MILLION) MCB UNIT AT PRINCIPAL AMOUNT OF IDR 8.457.165.000.000 (EIGHT TRILLION FOUR HUNDRED FIFTY SEVEN BILLION ONE HUNDRED SIXTY FIVE MILLION RUPIAH)

Each shareholder of the Company whose name is entered in the Company's Shareholder Register as of 12 July 2017 at 16.00 WIST,

• Each holder of 1034 shares will receive 1000 (one thousand) Series A Preemptive Right Issue where each 1 (one) Series A Preemptive Right Issue shall be entitled to purchase 1 (one) New Series B Shares at an Exercise Price of IDR926,16 (nine hundred twenty six point one six Rupiah) per share or totaling an amount of IDR26.626.531.284.320 (twenty six trillion six hundred twenty six billion five hundred thirty one million two hundred eighty four thousand three hundred twenty Rupiah); and

• Each holder of 1000 shares will receive 284.494 (two hundred eighty four thousand four hundred ninety four) Series B Preemptive Right Issue where each 1 (one) Series B Preemptive Right Issue shall be entitled to purchase 1 (one) MCB UNIT at an Exercise Price of IDR1 (one Rupiah) per MCB UNIT denominated in IDR1 (one Rupiah) per MCB UNIT or totaling an amount of IDR8.457.165.000.000 (eight trillion four hundred fifty seven billion one hundred SIXTY five million Rupiah). The MCB in this LPO V is issued in scripless form.

By statement letter dated May 8, 2017, Long Haul Holdings Ltd. as the main shareholder of the Company ("Main shareholder" or "PSU") declares that it is not planning to exercise the Preemptive Right Issue held and is not planning to transfer or assign the Preemptive Right Issue held in the LPO V. The MCB shall be for a term of 7 (seven) years as of the Issuance Date. MCB shall be converted into Series B Ordinary Shares

detailed as: (1) in the first and second year, the Conversion Price is 30% premium of IDR926,16; (2) in the third year, the Conversion Price is the amount which is lower than: (i) IDR 926,16 (ii) 40% premium of the average price of share in the Company for a period of 6 months which ended on the business day prior to the first day of Year 3; (3) in the fourth year, the Conversion Price is the amount which is lower than: (i) IDR 926,16 (ii) 40% premium of average price of share in the Company for a period of 6 months which ended on the business day prior to the first day of Year 4; (4) in the fifth year, the Conversion Price is the amount which is lower than: (i) IDR 926,16 (ii) 25% premium of the average price of share in the Company for a period of 6 months which ended on the business day prior to the first day of Year 5; (5) in the sixth year, the Conversion Price is the amount which is lower than: (i) IDR 926,16 (ii) 25% premium of average price of share in the Company for a period of 6 months which ended on the business day prior to the first day of Year 6; (6) in the seventh year, the Conversion Price is the amount which is lower than: (i) IDR 926,16 (ii) 25% premium of the average price of share in the Company for a period of 6 months which ended on the business day prior to the first day of Year 7;

(7) on due date of MCB, all outstanding MCBs shall be converted at Conversion Price which is the average price of share in the Company for a period of 6 months which ended on last business day prior to MCB Due Date. Further information

on price, time, and Conversion Method may be seen in Chapter

I.2 on Mandatory Convertible Bond.

The period in which MCB shall be converted into Series B Ordinary Shares is the due date of MCB. Conversion from MCB into Series B Ordinary Shares may be exercised as of the Issuance Date until prior to MCB Due Date. MCB offered interest rate of 6% (six percent) per year. The payment of Interest on MCB shall be made on cash available after the Company completes the order of payment by Cash Waterfall principle as detailed in Chapter III. (3) L in this prospectus or capitalized and paid in cash on MCB Due Date. MCB may be transferred however not listed in the Indonesian Stock Exchange. Further information on MCB may be seen in Chapter I. (2). The shares from MCB conversion will be listed in the Indonesian Stock Exchange.

If the New Shares and MCB offered in this LPO V is not entirely purchased by the Holder of Preemptive Right Issue, the remaining will be allocated to other Holder of Preemptive Right Issue placing larger order of the right issue as listed in the Holder Register of Preemptive Right Issue, proportionately to the right exercised. The allocation of New order for New Shares and Additional MCB will be made proportionately to the number of Preemptive Right Issue exercised by each shareholder entitled to request additional New Shares and MCB based on order price and fractional share and MCB from the allocation purchase of shares and additional MCB will rounded down. In the case of remaining Preemptive Right Issue unexercised after