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Indonesian Capital Market Directory 2006 Home Financial Statement Table & Graph PT. Argo Pantes Tbk. Financial Performance: The Company was still booked a net loss in 2005 worth IDR214 billion or falling slightly versus the 2004 net loss which reaches IDR233 billion. The lower net loss was due to decrease in other expenses from IDR250 billion to IDR152 billion. Brief History: PT Argo Pantes Tbk. is the flagship company of Argo Manunggal Group, one of Indonesia's largest business enterprises. Over the years the Group has consolidated it position as a leaders in the business communit y with its diverse activities encompassing textiles, steel, real estate and property development, financial services, cocoa plantations, poultry, PVC pipes, tyres and containers. In the textile division, the group has 20 companies, with total spindles of 685,430 and total production of 69000 bales/months. PT. Argo Pantes Tbk. was established in 1977 and since 1991 has been listed on both the Jakarta and Surabaya Stock Exchanges. Argo Pantes has grown into a leading integrated textile manufacturer, with its spinning , weaving, yarn dyeing, piece dyeing and finishing operations being amongst the biggest and finest in Indonesia today. The underlying commitment of the company has been provide high quality products, delivered on time and at competitive prices. This is achieved by the continuous investment in people and machineries. In 1997, the company achieved the ISO 9002 Certification issued by SGS Indonesia. This portrayed the quality conscious culture of the o rganization and helped the company to maintain and increase export sales to international markets. Today , export sales has reached 80% and covers more than 200 International Customers in 40 Countries Worldwide, such as: Levi's, Liz Claiborne , Marks & Spencer, Nike and Tommy Hilfiger . Argo Pantes today is name synonymous with products which are among the finest in the industry. An accolade well earned and one that ranks the company in a class of this of its own. Head Office Wisma Argo Manunggal 16 th Floor Jl. Gatot Subroto No. 95, Kav. 2 Jakarta Selatan 12930 Phone (62-21) 252-0065, 252-0068 Fax (62-21) 252-0108, 252-0029 http://www.argo.co.id [email protected] Factories Jl. M.H Thamrin Kav.4, Cikokol Tangerang 15117 Banten Phone (62 –21) 5575-0779, 5575-3838 Fax (62-21) 5575-3255 Industrial Town Estate MM 2100 Desa Gandamekar - Cibitung Bekasi 17520 Phone (62 –21) 898-0079/92 Fax (62- 21) 898-0370 Business Textile Company Status PMDN Board of Commissioners President Commissioner Drs. Sidik Murdiono Commissioners Karman Widjaja Marcia Sutedja Letjend. TNI (Purn) Toni Hartono Doddy Soepardi Haroen Al Rasyid Board of Directors President Director The Nicholas Directors Sjambirie Lioe Arun Taneja Number of Employees 4,250 Shareholders PT Dharma Manunggal 37.21% The Ning King 12.78% Lie Ang Sioe Nio 7.25% Public 42.76% Underwriters PT MERINCORP PT Asian Development Securities PT Danareksa

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Indonesian Capital Market Directory 2006Home Financial

Statement

Table amp Graph

PT Argo Pantes Tbk

Financial PerformanceThe Company was still booked a net loss in 2005 worthIDR214 billion or falling slightly versus the 2004 net loss

which reaches IDR233 billion The lower net loss was due todecrease in other expenses from IDR250 billion to IDR152

billion

Brief HistoryPT Argo Pantes Tbk is the flagship company of ArgoManunggal Group one of Indonesias largest businessenterprises Over the years the Group has consolidated it

position as a leaders in the business community with its diverseactivities encompassing textiles steel real estate and propertydevelopment financial services cocoa plantations poultry

PVC pipes tyres and containers In the textile division thegroup has 20 companies with total spindles of 685430 andtotal production of 69000 balesmonths PT Argo Pantes Tbkwas established in 1977 and since 1991 has been listed on both

the Jakarta and Surabaya Stock Exchanges Argo Pantes hasgrown into a leading integrated textile manufacturer with itsspinning weaving yarn dyeing piece dyeing and finishingoperations being amongst the biggest and finest in Indonesia

today The underlying commitment of the company has been provide high quality products delivered on time and atcompetitive prices This is achieved by the continuousinvestment in people and machineries In 1997 the company

achieved the ISO 9002 Certification issued by SGS IndonesiaThis portrayed the quality conscious culture of the organizationand helped the company to maintain and increase export salesto international markets Today export sales has reached 80

and covers more than 200 International Customers in 40Countries Worldwide such as Levis Liz Claiborne Marks

amp Spencer Nike and Tommy Hilfiger Argo Pantes today is

name synonymous with products which are among the finest in

the industry An accolade well earned and one that ranks thecompany in a class of this of its own

Head Office Wisma Argo Manunggal 16th FloorJl Gatot Subroto No 95 Kav 2Jakarta Selatan 12930

Phone (62-21) 252-0065 252-0068Fax (62-21) 252-0108 252-0029httpwwwargocoid

supriadiapargocoid

Factories Jl MH Thamrin Kav4 CikokolTangerang 15117 BantenPhone (62 ndash21) 5575-0779 5575-3838

Fax (62-21) 5575-3255

Industrial Town Estate MM 2100

Desa Gandamekar - CibitungBekasi 17520Phone (62 ndash21) 898-007992Fax (62- 21) 898-0370

Business Textile