1 Footnote SOURCE: Source | ERP Project Update Report # 1 – June 2013

| Progress Achievement Plan for Coming Period Key Issues & Action Support Required  ERP kick off meeting have doe successfully on 10 June for Indonesia side and will continued for Chinfon on 1 July 2013  1st activity survey & diagnosis by Digiwin have been done with the following progress - Fin & Acc : 6 of 6 topic have been discussed - Purchase: done - Sales & Distribution: done partially - Vehicle Mgt, Project Mgt, Inventory Mgt, Cost Mgt, Prod Mgt : Not yet discussion due to consultant was sick  Continued to conduct survey & diagnostic in Chinfon Plant, with the objectives: To get understanding of CFC system Alignment CG process flow & CFC process flow Initial discussion for alignment system  Survey & Diagnostic for pending Items  Tiptop application understanding session for developing SOP 1st version with involved Process Owner and Key Users  Some modules was postponed due to consultant was sick (lost 3 days). Digiwian will catch up the schedule on next period  To reserve Process Owner and Key user time availability on Tiptop application session on 21 June 2013 Report Summary

| Overall Progress Actual progress was behind schedule due to consultant was sick. Action: we will chatup the progress in July

| Graph Cost trend

| Finance & Accounting workstream update Key Finding Summary 1. General Ledger module will accommodate the needs of Holding consolidated financial statement with Inter-Company transactions. 2. Finance module will automatically generate 2 account books : Management and Tax purpose 3. System Budget control per cost element 4. Account Payable module will provide A/P Aging Analysis, A/P write-off process, control PO-GR-IR with direct link to Purchase and Inventory module 5. Account Receivable module will provide A/R Aging Analysis, Sales Revenue Analysis, Credit Limit control, print Invoice, control SO-DO-Invoice with direct link to Sales and Distribution module 6. Fixed Asset module will provide control over Fixed Asset and LVA (Low Value Asset) To be finalized further 1. Consolidation Structures : Formal & Mgmt Requirement need to be finalized and approved 2. Setup the rule of CoA for Consolidation 3. Setup Group Accounting Policies 4. Setup Group Approval Matrix 5. Decide Group Functional Currency 6. Setup the Main Cost Center base on Cost Activites : Cement Plant, Grinding Plant, Ready Mix, Aggregate, Pre-Cast, Head Office, Trading, etc 7. Setup Fixed Asset Code rule and digits after compare with Chinfon 8. Tax will be calculated automatically upon creation of Purchase Order (P/O). Need to provide Tax formula and Tax Equalization Report

| Sales & Distribution workstream update Key Finding Summary 1. Sales module needs to be customized to accommodate the Inter-Company transactions, Web-Sales process, Customer Master, Price Master, Credit Control, Sales Promotion 2. Distribution module will accommodate the Stock Transfer, Good Issue, Swap process, Product return for Raw Material, Semi- Finished Goods, and Finished Goods 3. Fleet Management needs to be customized to accommodate the scheduling for truck and vessel, Freight Cost optimization, Shipping monitoring, To be finalized further : 1. Design Customer Master base on Sold-to, Ship-to, Bill-to, and Paid-to with multiple address 2. Setup Customer Code rule and digitsafter compare with Chinfon 3. Setup Credit Limit per Customer and Approval Release Matrix 4. Setup the Sales Order categorization base on : Cash Sales, Credit Sales, Employee Sales, Promotion Sales, Donation, Sample, Swap, Return 5. Setup Vehicle Master 6. Mapping all Sales & Distribusion business flow

| Purchasing workstream update Key Finding Summary 1. Item master have been discussed with consist of the following items Item No. Code Rules. Item Categorization Rules. Process of Creating New Item. 2. PR creation connected to the budget module, so any unbudget will be rejected at this phase 3. All Tax elements calculation including in the PO 4. The other functionality will accomodate in the system To be finalized further: 1. Headquarter control policy need to be define, including: Item Master Data, BOM, Customer Master Data, Supplier Master Data 2. Item Master Code Rule need to discuss and final. 3. Blanket PO for long term contract 4. Item Category Control Policy need to be clarify. 5. Qualify Vendor List Maintain Process need to be created. 6. Purchase Price Control Process need to be created. 7. All To Be Process need to be confirm with CFC.