This certificate documents the sampling and analysis of 7,180.505 metric tons of Indonesian steam coal. Samples were taken and prepared according to ASTM standards. Analysis was performed at the PT Carsurin Samarinda Laboratory and showed the coal had 14.0% total moisture, 7.5% ash content, 2.6% volatile matter, 42.4% fixed carbon, and 0.29% total sulfur. Additional details are provided on the gross calorific value, AFT, initial deformation temperature, and particle size distribution of the coal sample.

1. Coal, I4ineral, Petrochemical
CARSURIN raoo.ato ry
140922.0960
CERTIEICATE OF SAMPLING AND ANALYSIS
Descriptron
Quantily
Tug / Earge Name
Shipper
Port of Loadlng
Port of Dlsciarge
Consbnee
Notit Paty
Date of Sampling
SAMPLING
Samples r/ere taken and preparcd ln accordance with ASTM Standalds (D 22341D 2234M-10 a D 2013-
07lD201314-12)
AI{ALYSIS
Analysls were performed at PT Carsurin Sarnarinda Laboratory in accordance with ASTM Standards.
The results are as follows:
Totel ]toistqre (Weloht q/ol. D 302/D3302M-12
Proxlmat€ Analvsis
Moisture In The Analysis Sample (Weight o/o), D 3173-11
Ash Content (Weisht o/o, D 317+IL
Volatile Matter (Weight %), D 3175-11
Fixed Carbon (Weight %), by calculation
lot l Sulohur (W6ioht q6l. D 4239-13
GrG Crloriflc V.h€ tkcal/ko l, D 5865-13
Grc6s CrlorfflcValss (kcal/k ), D 5865'13
AFT (Redu.ind Atmoapb€t€}, D 1852D1875f4-04
Initial D€formation Temperature, IDT
Spherical Temperatur€, ST
Hemispherical Temperature, HT
Fluid Temperature, FT
9drCrliliB_GlglL D 409/ D ro9r4-12
!$z€ A fvis. Weioht ctlo D 4749-87 (2012)
Atiove 50 mm
saIARIl{DA, DECEtitB€R 30, 2014
INDONESIAN STEAM COAL
7,180.505 MT
t{v. PAt{ HoRt:zot{
TB. DELTA PERI,IAI 2 / BG. LAEROY 221
TB. DELTA SE]AHIERA 1 / BG. WAHAIIA ABDI UTAI'A 2
PT. AA GUT OLAH SARAT{A SUKSES
JETTY BOSS, KEDAM PAHU, KUIAI BARAT, EAST KAUMANTAN
MUARA 8EMU, EAST KAUMANTAN, TNDONES1A
TMNSSHTPI.4ENT TO I4V PAN HORIZON OR SUBS
1I) ORI'ER
KOREA SOUT EiI{ POWER CO., LTD
BIrc B/D, 40, MUNHYEOi.IGEUMYUNGRO
NA!t-Gu, BUS$, KOREA, 60&828
oEC€MBER 20 Up TO 25, 2014
14.0
7.5
2.6
42.4
47.1
0.29
As Received Basis
Air Dried Basis
Air Dried Basis
Air Dried Basis
Air Dried Basis
Air Dried Basis
6,930 Air Dried Basis
6,43 As Received Basis
1,2t0
1,245
1,280
1,305
43
92.42
rr. Lelen s Paiman Kav 77
F t62 212e67 5e1a tza E:.o.aqr.a6orn.o'n;headofr.eao.a6uri..nm:lvww.dLurii..n
19002081