BUMA Signed New Contract With PT PADA IDI

PT Delta Dunia Makmur Tbk. (the "Company") is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into mining services contract with PT Pada Idi (“Pada Idi”), a subsidiary of Petro Energy, who is engaged in the mining and energy business. BUMA is expected to commence production of Pada Idi’s operation, located in North Barito Regency, Central Kalimantan, in the fourth quarter of 2017.

The long-term contract is expected to contribute over 200 million bcm of overburden and over 15 million tonnes of coal, and valued at over Rp 5 trillion or equivalent to approximately USD 385 million, over the tenor of contract. The contract serves as an opportunity for the Company and BUMA to develop another solid, long-term relationship with new, up-and-coming coal player with in-demand, good quality coal assets.

The Company sees long term opportunities through this strategic entry with Petro Energy. This is in line with BUMA’s strategy to engage customers with great potentials of long-term sustainability and growth.