Berau Coal Pt http://www.alacrastore.com/company-snapshot/Berau_Coal_Pt-3834802 Friday, August 29, 2008 11:45:46 PM 3834802 Berau Coal Pt en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/moodys/PR_156329_820338365moodys/PR_156329_820338365htmlGlobal Credit Research Announcement ## MAY #### Announcement: Bemax Resources Limited Moody's has a stable outlook for Asia-Pacific Metals and Mining Hong Kong, May ##, #### -- Moody's Investors Service has a stable outlook for the...5/31/2008 1:19:33 AMhtmlBemax Resources LimitedIndika Inti Energi (P.T.)Griffin Coal Mining Company Pty Ltd (The)Berau Coal (P.T.)Adaro Finance B.V.G Steel Public Company LimitedAsia Aluminum Holdings LimitedVedanta Resources PlcPT Aneka Tambang (Persero) Tbk (Antam)Tata Steel Ltd.POSCOAlcoa of Australia LimitedBHP Billiton LimitedAdaro Finance B.V.; Alcoa of Australia Limited; Asia Aluminum Holdings Limited; ...820338365820144677809887469809825081808900140808615803807999643807842754806744160600012698259421585120000150.0000NewsAnnouncementPR_156329_820338365Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/646619spcred/646619normThe latest News from S&Pglobal5/6/2008 8:18:02 AM100News646619IndonesiaEmerging MarketsAsiaGlobal IssuersCorporationsMetals & MiningNewsSINGAPORE (Standard&Poor's) May 6, 2008--Standard&Poor's Ratings Services said today it affirmed its 'B' long-term corporate credit rating on PT Berau Coal. The outlook is stable. At the same time, we affirmed our 'B' issue rating on the five-year US$325 million senior secured notes due 2011 issued by Empire Capital Resources Pte. Ltd., a wholly owned subsidiary of Berau. Gross proceeds from the notes were onlent and guaranteed by Berau. "The rating on Berau factors in the company's highly leveraged financial profile, inherent industry risks, and the uncertain regulatory environment for the mining industry in Indonesia," said Standard&Poor's credit analyst Joey Chew. "Mitigating some of these concerns are our expectations of strong demand growth inIDNPT Berau Coal (Unsolicited Ratings)410797ASIAEMERGING125908Z@IJNEWSGLOBISSCORPMetalsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/646620spcred/646620normThe latest Research Update from S&Pglobal5/6/2008 8:18:02 AM175Research Update646620IndonesiaEmerging MarketsAsiaGlobal IssuersCorporationsMetals & MiningResearch UpdateOn May 6, 2008, Standard&Poor's Ratings Services affirmed its 'B' long-term corporate credit rating on PT Berau Coal. The outlook is stable. At the same time, we affirmed our 'B' issue rating on the five-year US$325 million senior secured notes due 2011 issued by Empire Capital Resources Pte. Ltd., a wholly owned subsidiary of Berau. Gross proceeds from the notes were onlent and guaranteed by Berau. The rating on Berau factors in the company's highly leveraged financial profile, inherent industry risks, and the uncertain regulatory environment for the mining industry in Indonesia. Mitigating some of these concerns are our expectations of strong demand growth in the medium term, as reflected in the recent upsurge in coal prices, theIDNPT Berau Coal (Unsolicited Ratings)410797ASIAEMERGING125908Z@IJRESUPDGLOBISSCORPMetalsCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/378342_report_framefitch/378342_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Berau Coal Pt842480693/18/2008 10:16:00 AM01000000010300000103120001031202425Full Rating Report378342_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/404305_pr_framefitch/404305_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Berau Coal Pt842480692/6/2008 10:18:00 AM0100000001030000010312000103120275Press Release404305_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/370486_report_framefitch/370486_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Berau Coal PtIndika Inti Energi (P.T.)8041717984248069853092732/4/2008 10:12:00 AM01000000010300000103120001031202250Special Report370486_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/403898_pr_framefitch/403898_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Berau Coal PtIndika Inti Energi (P.T.)84248069853092732/4/2008 10:12:00 AM0100000001030000010312000103120275Press Release403898_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/COP_809825081moodys/COP_809825081htmlGlobal Credit Research Credit Opinion ## MAY #### Credit Opinion: Berau Coal (P.T.) Berau Coal (P.T.) Indonesia Ratings Category Moody's Rating Outlook Stable Corporate Family Rating -Dom Curr B# Empire Capital Resources Pte. Ltd....1/4/2008 2:20:00 AMhtmlBerau Coal (P.T.)Berau Coal (P.T.)809825081150.0000NewsCredit OpinionCOP_809825081Credit & Investment ResearchMoody's Global Credit Research