Tangerang, January 20, 2018 Ref : 01/BPE/SP/I/2018 Subject : Full Corporate Offer Attn to: Mr. Thomas Young ANGLO AMERICAN MARKETING LIMITED SINGAPORE BRANCH Level 38, Ocean Financial Centre, 10 Collyer Quay, Singapore 049315 Dear Sir(s), In order to continue our good business relationship, based on our availability cargo, we would like to offer our product with condition as follow: Quality Parameters Unit Guarantee Rejection Gross Calorific Value (Adb) Kcal/Kg 4200 - 4000 <4000 Total Moisture (Arb) % 36 > 40 Inherent Moisture % Approx 14 Ash % 5 >8 Volatile Matter % 38-42 Fixed Carbon By diff Sulphur (Adb) % 0.5 max > 0.5 Hardgrove Grindability Index Approx 57 Size 0-50 mm 90% Commodity : Indonesian Steam Coal Delivery Quantity : ± 50,000MT Laycan : 1-7 February 2018 Contract Basis : FOB Mother Vessel Price per MT : Base on ICI index average 4 week or Fix Price USD 48 Term of Payment : 100% LC The FCO valid for ten (10) days from that of issued and all term condition subject to the S/P contract. Thank you for your kind attention and look forward to your feedback before validity offer. Yours Sincerely,