-------------------------------------------------------------------------------- From: Katarina Setiawan Sent: Friday, April 27, 2007 9:36 AM Subject: TPG to invest up to US$5b in Indonesia Investment: TPG to invest up to US$5b in Indonesia a.. Texas Pacific Group (TPG), a US based private equity group, stated that it is considering to acquire companies in Indonesia. b.. Its Executive Director for South East Asia said that the group is allocating US$500 million-5 billion for the above acquisitions in the next 5 years. c.. TPG is partnering with Northstar Pacific to do the acquisitions in South East Asia. d.. It has acquired Alfa Retailindo, a retail chain, from Phillip Morris at apr. US$25m. e.. The group presence in Asia started in 1994, so far it has invested US$2.4b (25 transactions in Asia Pacific), US$3.8b in Europe and US$7.2b in the US. f.. It is interested to acquire companies in the following sectors: finance, retail, air transportation, natural resources and plantation. g.. It is still very premature to speculate based on the limited information above, but likely publicly listed candidates in the above sectors include the following: Panin Bank, Matahari and London Sumatra. Katarina Setiawan Head of Research PT Kim Eng Securities Deutsche Bank Building 9th Fl. Jl. Imam Bonjol 80 Jakarta 10350 Indonesia P: +62 21 3983 1458 F: +62 21 3983 1362
