Announcement of Results of Annual General Meeting of Shareholders 2008
In the Annual General meeting of shareholders of PT Astra Graphia Tbk, based on Jakarta ("the company") which was held on May 9, 2008 at Grand Capital Ballroom, Manhattan Hotel, Jl. Prof. Dr. Satrio - Jakarta 12950, things have been decided as follows:
- Approve and accept the annual report for the financial year 2007 and ratified the financial statements of the company for the financial year 2007, which have been audited by DRS. HARYANTO SAHARI & PARTNER, in their report dated February 22, 2008 with reasonable opinions in all material matters; and
- Give the exemption and repayment of responsibility solely (acquit et d charge) to the members of the Board of Directors for their management and member of the Board of Commissioners for supervisory actions they were doing during the financial year 2007 as far as those actions are reflected in the annual report and financial statements of the company for the financial year 2007
Agree the use of the company's net profit for the financial year ended on 31 December 2007 with amount Rp. 72.074.000.366,- (seventy-two billion seven-four million three hundred and sixty six Rupiah) with details as follows:
- Rp 1.500.000.000,-(one billion five hundred million Rupiah) is entered to add the reserve fund
- About 75% (seventy five percent) of the net profit or Rp.40,- (forty Rupiah) for every 1 (one) share as a dividend to shareholders. This amount already includes the Interim dividend of Rp.8,-(eight Rupiah) for every 1 (one) share, which have been distributed to the shareholders of the company on November 13, 2007 and the remaining Rp.32,- (thirty-two Rupiah) per 1 (one) share will be distributed to the shareholders of the company are recorded in the shareholders list on June 13, 2008 at 16:00 WIB and will be paid to shareholders of the company on June 27, 2008;
- The remain is recorded as Profit Balance to be used for the needs of the company, there is an additional working capital and Company investment
Giving the authorization to the Board of Commissioners of the company, to appoint one public accountant was included in 4 (four) top category in Indonesia which is affiliated with one of international public accountant and was recorded at Bapepam & LK, to audit the financial statements of the company for the financial year 2008; also authorize the Board of Directors of the company to set the amount of honorarium and any other requirements with related to the designation of its public accountant.
1. Appoint the Board of Commissioners and the Board of Directors of the company with the arrangement as follows:
• President Commissioner : ANGKY UTARYA TISNADISASTRA
• Commissioner : GUNAWAN GENIUSAHARDJA
• Independent Commissioner : BUYUNG SYAMSUDIN
• President Director : LUKITO DEWANDAYA
• Vice President Director : HERTANTO MANGKUSASONO
• Director : DIANA MAKMUR
• Director : YUSUF DARWIN SALIM
• Director : SATYO LUMAKSONO HADISAPUTRO
Entirely for a term since the closure of this Meeting up to the close of second annual general meeting of shareholders of the company since held of this Meeting (AGMS in 2010).
2. Set the numbers of honorarium of the Board of Commissioners of the of the company with maximum amount Rp.585.000.000,- (five hundred and eighty-five million Rupiah) gross (before cut income tax) is paid as much as per-year 13 (thirteen) times a year and valid since closing of this Meeting, as well as authorize the President Commissioners to set the distribution its honorarium number among Board of Commissioners of the company
3. Giving an authorization to the company's Board of Commissioners to establish the amount of salary and benefits to other members of the Board of Directors of the company
4. Giving power of attorney with the right of substitution to the Board of Directors of the company: (a) to declare the decision of this meeting into notary deed; (b) notify the data changes of the company due to reshuffling of Directors and members of the Board of Commissioners as decided in this event to the Ministry of Justice and Human Rights and register it in the list of companies in the local Company Registration Office
- Agree to change the whole basis of the company's Budget for customized with Act No. 40 of 2007 about the limited company, as per the basic Budget concepts that have been handed out and explained to shareholders; Entirely for a term since the closure of this Meeting up to close of second annual general meeting of shareholders of the company since this meeting was held (AGMS in 2010).
- provide the power and authority to the Board of Directors to carry out alteration/additions on the changes of basis Budget have been decided in a Meeting to be adapted to the regulations in force issued by the authorized agency (Bapepam & LK);
- provide the power and authority to the Board of Directors of the company to make the deed of Declaration of this Meeting in the presence of a notary, with regard to decisions concerning changes in the basic Budget which has been decided in this Meeting to reaffirm the arrangement including Shareholders, a member of the Board of Commissioners and Directors of the company, then do a plea agreement and/or notify the change of Budget base and the company data to the Ministry of Justice and Human Rights of the Republic of Indonesia, as well as innovate or additions for this basic Budget Changes If the authorized agency stated.
Jakarta, May 9th, 2008
Board of Directors Astragraphia