Hereby announcing PT. Mitra Pinasthika Mustika Tbk (MPMX) will conduct the share repurchase of the Company through Indonesia Stock Exchange.

The shares repurchase of the Company will be conducted by referring to the following matters:

1. Schedule for conducting the share repurchase

The shares repurchase of the Company will be exercised starting on August 24, 2015 - November 23, 2015.

2. The Cost of the Share repurchase

Costs to be spent for conducting the Company share repurchase was a cost of payment fee to broker dealer with the maximum amount of 0,29% for every purchase transaction.

3. The Estimation of the share face value to be bought back

The Company planned to spend as much as Rp. 50 Billion to re-purchase the shares of the Company up to the maximum price Rp. 1,000, so the total face value of shares to be re-purchased will depend on the stock price in Stock Market.

4. The Estimation on the declining revenue of the Company as a result from conducting share repurchase and the impact on the financing costs of the Company

The Company expected there will be no impact as the declining revenue due to conducting share repurchase. While the impact of repurchasing shares of the Company in financing costs will be very small.

5. Proforma earnings per share of the Company after conducting the share repurchase considering the declining revenue

Due to there was no impact of the declining revenue from repurchasing shares of the Company, then there was no change on the proforma earnings per share of the Company.

6. Limitation on the share price for repurchase

The company will stop repurchasing the shares when the stock price has reached more than Rp. 1,000.

7. Limitation period of repurchasing share

As stated in point 1 above and referring to the Article 6, paragraph (3) the Financial Services Authority Regulation No. 2/POJK.04/2013, the Share Repurchase of The Company will be carried out no later than 3 (three) months, commencing on August 24, 2015 - November 23, 2016

8. The method will be used for repurchasing shares

The share repurchase of the Company will be conducted through Indonesia Stock Exchange, so the shares purchase transaction of the Company will be carried out by one of Stock Exchange member.

9. The management discussion and analysis towards the impact of repurchasing shares to the business activities of the company and the company growth in the future

By macro level, the share repurchase of the Company was expected to reduce the impact of the current market condition, which significantly fluctuating. And for the direct impact of the share repurchase to the Company was the stock price improvement in Stock Market. With the improving stock price of the Company in stock market, was expected to give benefit to all stakeholders, because with the improving stock price, it was expected to reflect the proforma of a good performance of the Company until now.

MPMX - PT. Mitra Pinasthika Mustika Tbk

Rp 1.010

-5 (-0,49%)