Akasha Wira International Tbk.

Brief of Company Background

The company supplied bottled water in plastic glass, plastic bottles and glass bottles. Production capacity in 1993 was 2.9 million liters per year. Operations are supported by two bottling plants: one in Cibinong, West Java, and the other in Deli Serdang, North Sumatra. The company?s bottled water has been exported to Singapore and Australia. In November 1993, the company took over full ownership of PT Pamargha Indojatim, which operates in the same line of business. And on October 1996, buoyed by strong prospects in the bottled water industry, the company is building a new water plant in Ujungpandang. The water source located in Maros, South Sulawesi will supply this plant which will have a 40 million liter capacity a year. Cost of the project has been pegged at Rp 3 billion. Construction is slated to finish in the 2nd semester of 1996 and commercial operations should commence in mid 1997. In October 2000, the company sold its AdeS, Desta, Vica, and Desca brands to Coca Cola as part of its debt restructuring process. The Company was still booked a net loss in 2005 worth IDR119.257 billion or falling versus the 2004 net loss which reaches IDR 134.452 billion. The lower net loss was due to increase in net sales from IDR125.554 billion to IDR 143.751 billion.

Shareholder List

Management