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These materials and this Presentation (as defined below) are intended for viewing only by persons who (i) within the United States are qualified institutional buyers as defined under Rule 144A of the US Securities Act of 1933,
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Any and all information contained in this confidential document ("Presentation") has been obtained from PT Energi Mega Persada Tbk (the Company), industry publications or publicly available sources. The Company has
not independently verified any of the data from third party sources or publicly available sources and there can be no assurance as to the accuracy or completeness of included information from such sources.

This Presentation (whether in hardcopy or electronic form) may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization/firm) or
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Securities may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act. There will be no public offering of the Companys securities in the United States.

This Presentation may contain forward-looking statements and estimates regarding the future operations and performance of the Company and its affiliates that are based on current expectations, and projections about the
industries in which the Company operates and the beliefs and assumptions of the management of the Company. Investors and security holders are cautioned that forward-looking statements are subject to various
assumptions, risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company, and any of which may cause its actual results or performance to be materially different from
any future results or performance expressed or implied by such estimates and projections. The estimates and projections are also necessarily based upon, and reflect, certain assumptions and qualifications with respect to
future business decisions which are subject to change. Accordingly, there can be no assurance that these projections will be realized. The recipient is cautioned not to place reliance on this information. The information
provided herein is not to be relied upon in substitution for the recipients own exercise of independent judgment with regard to the operations, financial condition, and prospects of the Company This information also assumes
the success of the Companys business strategy which is subject to risks, uncertainties and contingencies beyond the Companys control, and there can be no assurance that its business strategy will be effective, that the
anticipated benefits from such strategy will be realized in the periods for which projections have been prepared and in the projected results, that the results on which the business valuation relies will be realized, or that such
projections will be realized. Actual results may vary from anticipated results, and such variations may be material.

Accordingly, no representation or warranty, either expressed or implied, is provided in relation to the accuracy, reliability or completeness of the information contained in this Presentation, nor is it intended to be a complete
statement or summary of the resources markets or developments referred to in this Presentation. It should not be regarded by recipients as substitute for the exercise of their own judgment. It is not the intention to provide,
and you may not rely on these materials as providing, a complete or comprehensive analysis of the Companys financial or trading position or prospects. The information contained in these materials should be considered in
the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The offering circular Company in
connection with the offering of the Company's securities will contain detailed information about the Company and its management as well as the financial statements of the Company. Any decision to purchase securities in the
offering should be made solely on the basis of the information contained in the offering circular.

While the information contained herein has been prepared in good faith, neither the Company, Credit Suisse (Singapore) Limited, Deutsche Bank AG, Singapore Branch, UBS AG, Singapore Branch nor any of their respective
shareholders, directors, officers, agents, employees or any other person assumes responsibility for the accuracy, reliability and completeness of the forward-looking statements contained in this presentation. The forward-
looking statements in this Presentation are made only as of the date of this Presentation. The Company is under no duty to update any of the forward-looking statements after this date to conform such statements to actual
results or developments or to reflect to the occurrence of anticipated results or otherwise.

Any opinions expressed in this Presentation are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of the Company as a result of using different
assumptions and criterion.


400
300
200
100

12
60
10
50
8
40
30 6
20 4
10 2
0 0

Total debt/EBITDA Net debt/EBITDA

|4
Buzi EPCC
Working interest: 75%
1P reserves: 29.5 bcf
2P reserves: 212.3 bcf
Operator: EMP
Partner: ENH (25%)
Producing assets
CBM assets (exploration)

Source: Company information

Notes: Reserves and production indicated are on a net working interest basis.
bcf: billion cubic feet, mmbbl: million barrels, bbl/day: barrel/day, mmscf/day: million cubic feet/day
1. EMP's 51% subsidiary EMP International (BVI) Limited acquired a 36.7205% Working interest in ONWJ PSC in December 2011
2. Production commenced in May 2012

|5


Others Others
400 5% 3%
314.9 Buzi Bentu
22% 19%
300
158.3
200 Buzi
Bentu 42%
32% Malacca Straits
100 3%
ONWJ
0 4%

Malacca Kangean
Straits ONWJ 32%
5% Kangean
4%
29%

|8


Business Unit PROPER 20142

EMP Malacca Strait Siak Field Green

EMP Bentu Green

EMP Korinci Baru Blue

EMP Semberah Green

EMP Gebang Blue
EMP Kangean Blue
EMP Gelam Green

EMP ONWJ Blue

Beyond compliance companies that achieve zero emissions

Beyond compliance companies

Have achieved compliance level
Managed environment impact but below requirements
Have not managed environment impact at significant level

|9
250 15

200 12

150 9

100 6

50 3

0 0

60

50

40

30

20

10

|10
 1000
60 800

40 12.5 12.8 11.7 600

12.4 400
20 36.8 37.7 36.3
7.2 25.9 200
9.4
0 0

1Q PLN 3 PK PK additional Pertamina PLN 3 PKG 3 PT Pertagas 3 PT Indogas 3

2011 2012 2013 2014
2015
679BCF 189BCF 20BCF 369BCF 242BCF 221BCF 79BCF

Baa3/BB/BBB-5 NR 5 Baa3/BB+/BBB- 5 Baa3/BB/

NR 5 NR 5 NR 5
BBB-5

|11


Source: Company information as per 31 Mar 2015. |12
 1,628

1,163 50% 50%
953 977

695

426
153
34 51 97

Phillipines India China Indonesia Hong Thailand South Malaysia Australia Singapore
Kong Korea

|13
|13
1000 700

800 600
500
600
400
400 300
200
200
100
0 0
2 2 2

7.0 12
6.0
10
5.0
8
4.0
6
3.0
2.0 4

1.0 2
0.0 0

Total debt/EBITDA Net debt/EBITDA

|14
 Imam P. Agustino Suyitno Patmosukismo
Many years of President Director Commissioner
collective oil & gas
22 years of experience in engineering, Previously (1) Director of Exploration
industry project management and business and Production at Pertamina (2) Director
Reputable experience development in local and international General Oil & Gas within the Indonesian
industry companies including Trafalgar House UK Department of Mines & Energy, (3)
Proven track (Kvaerner) and Energy Services OPEC Board of Governors (1988-1996)
veterans with
record in
international
successfully Didit A. Ratam Qoyum Tjandranegara
experience at leading oil & gas Director Independent Commissioner
blue-chip companies and
Over 20 years of finance experience Selected experience: (1) President
firms in projects within oil and gas upstream and Director of Perum Gas Negara, (2)
Indonesia services companies, including Mobil Oil Expert Advisor in the Ministry of Mines &
and overseas Corp. and Gas Venture Adviser Energy, (3) Secretary of the Board of
Commissioners of Pertamina

Amir Balfas Bambang Istadi

Director Chief Business Development
33 years of upstream oil & gas experience 25 years experience In the upstream and
with international companies, including downstream oil & gas sector with Huffco,
Vico Indonesia East Kalimantan Block Vico Indonesia, ConocoPhillips
Comprise some of
the most
respected,
influential and Syailendra Bakrie Herwin Wahyu Hidayat
Strong and
Director Chief Investor Relations
broad successful
Over 12 years experience in finance
individuals in the Former corporate banker with sound capital
network within oil & gas industry and fund
markets experience, having 10 years
oil & gas sector in management institution (Capital Managers
across experience in the oil and gas industry
Indonesia Asia Pte, Ltd.)
private Previously 6 years with ABN Amro, Citibank
sector, Strong, long term
industry relationships with
Peter Alastair Adam Ameesh Anand
groups and key industry Vice President, Finance
Head of Engineering
government players, industry
20 years of experience in oil and gas field Over 17 years experience in corporate
groups and finance, capital markets, financial
development, field operations and asset
government management in international companies restructuring, fund raising and held senior
level positions in such companies as Deloitte
including Schlumberger, Elf (now Total)
Touche and Punj Lloyd |15
and Santos
|15


|17
|18
Malacca Straits PSC (1)

Kangean PSC

Bentu & Korinci PSC (2)

Gelam TAC (3)

Semberah TAC

Gebang JOB

Tonga PSC

ONWJ PSC

|19