Transaction on Bank Nusantara Signed

Bisnis Indonesia

Acom Co Ltd and The Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU) have signed
acquisition agreement of 239 million or 75.41% shares of PT Bank Nusantara
Parahyangan Tbk.

The Corporate Secretary Bank of Bank Nusantara Parahyangan Mario Yahya
said the agreement was signed in Jakarta on December 17 2007.

"With the transaction Acom get 55.41% shares and BTMU get the rest 20%
shares," he said in a statement by adding that Bank Indonesia has approved
the acquisition plan of the two banks.

In this regard Bank Indonesia has issued the letter of BI Governor No
9/130/GBI/DPIP/Rahasia on September 13 2007 and the letter Bank Indonesia
Bandung No.9/205/DS/Bd on September 27 2007.

In the meantime BNP shareholders have approved the acquisition plan in
their EEGMS on January 5 2007.

The signing was attended by Rituo Ando of Acom and Yoichi Kondo of BTMU.

Bank Nusantara was presented by PT Hermawan Sentral Investama, PT Hermawan
Ladang Arta, PT Gucimas Sukses Makmur, PT Gema Megah Korporindo, PT
Teradana Megah, PT Binadana Nata Arta and some other shareholders.

"Hopefully the acquisition will be positive for the development of BNP as
Acom and BTMU are strong in international market," he said.

He said Acom will control 55.41% shares and BTMU will get 20% shares. The
other shareholders will be Hermawan Sentral Investama & Hermawan Ladang
Arta (7.50% each), Gucimas (1.27%), Gema Megah Korporindo (2.25%),
Binadana (0.28%), and others (5.80%).

To comply with the regulation of the Capital Market and Financial
Institution Supervisory Board (Bapepam LK), Acom will arrange tender offer
over the rest of the stocks.

The new commissioners and directors of the bank have reflected the
acquisition.

"The president director will be Takeshi Ishikawa, but it should wait for
fit and proper test by Bank Indonesia."