PT Petrocentral

Petrocentral is the sole producer of Sodium Tripolyphosphate (STPP) in Indonesia. STPP is one of the main raw materials of detergent, which functioned as water softener, thereby increasing the cleaning power of detergent.

Petrocentral has succeeded in achieving ISO 9001:2000 for Quality Management System issued by Standard Assurance and Innovation (SAI) Global Limited and the International Certification Network (IQNet) since 2004.

The sales of Petrocentral in 2007 was USD 25.47 million, increased by 13.78% compared to sales figure of USD 22.39 million in 2006. The increase in sales were also attributed by shortage of power supply throughout China in the second half of the year causing the shortage of and price increase of STPP.

With the increase in sales, Petrocentral was able to improve its profit, from net loss of USD 2.06 million in 2006, to USD 0.55 million in 2007.

Petrocentral has installed production capacity of 50,000 MT per annum. The actual production quality of STPP is 34,411 MT and 38,185 MT or 68.82% and 76.37% from total production capacity for the year 2006 and 2007 respectively.

Subsidiaries Information

Establishment
Petrocentral was established within the framework of the Domestic Capital Investment Law No. 6, year 1968 based on the notarial deed No. 4 of Soeleman Ardjasasmita SH dated March 3, 1986 as amended by notarial deed No. 31, dated November 20,1986 of the same notary.

Location
The office and factory are located at
Jl. Raya Roomo, Gresik, East Java.

Shareholders
PT Unggul Indah Cahaya Tbk.  61,7%
PT Fosfindo                                 12,7%
PT Petrokimia Gresik (persero)  9,8%
PT Salim Chemicals Corpora   6,4%
PT Supra Veritas                          6,4%
PT Kodel                                        3,0%

Board of Commissioners
President Comm. : Soegeng Sarjadi
Commissioner      : Eddy William Katuari
Commissioner      : Hanny Sutanto
Commissioner      : Jimmy Masrin
Commissioner      : Zairyanto Poedjiaty
Commissioner      : Agus Ismail
Commissioner      : Muktar Widjaja

UIC VIETNAM Co., Ltd.

Linear Alkylbenzene Sulphonic Acid (LABSA), one of UICV products is an active component in all powder and liquid detergent. Besides, LABSA is also a main component of shampoo and liquid soap, and useful as a diluting agent in pharmacy industry.

UICV has installed production capacity of 30,000 MT per year. UICV produced 17,874 MT in 2007, a reduction of 16.19% compared to the production volume in 2006, which stood at 21,327 MT.

Total sales of UICV in 2007 was 18,182 MT consists of 16,607 MT LABSA and 1,575 MT SLES which recorded total revenue of USD 19.16 million. Whilst the sales volume for the year 2006 was 21,397 MT consists of 17,858 MT LABSA and 3,539 MT SLES, which
amounted to USD 21.44 million in revenue.

The gross profit of UIC in the year 2007, experienced a decrease by 17.42% from USD 1.24 million in 2006 to USD 1.03 million in 2007. Net profit booked was USD 340.75 thousand and USD 338.18 thousand in the year 2007 and 2006 respectively.

UIC’s commitment in customer satisfaction, by providing high quality products is reflected in the renewal of the ISO certification 9001:2000 until 2008.

Subsidiaries Information

Establishment
UIC Vietnam established within the framework of the Foreign Investment Law No.1 based on Investment License No. 577/GP dated April 6, 1993 published by the State Committee for Cooperation and Investment (SCCI), its current name is Ministry of Planning and Investment (MPI) in Socialist Republic of Vietnam.

Location
The head office is located at 156 Dien Bien Phu St., District 3, Ho Chi Minh City, Vietnam and its factory is located at Go Dau Industrial Zone, Phuoc Thai Village, Long Thanh District, Dong Nai Province, Vietnam.

Shareholder
PT Unggul Indah Cahaya Tbk. 100%

Board of Directors
President Director : Yani Alifen
Vice President Director : Lioe Seng Tjin
General Director : Tan Kee Chek
Financial Advisor : Jimmy Masrin

UNGGUL INDAH INVESTAMA (UII)

UII is a subsidiary company whose 99.99% of its shares are owned by UIC. The establishment of UII in 1996 was related to the planned participation of UII in PT Wiranusa Grahatama (WG), a joint venture company for an office and apartment building
development.

Since 2005, UII became the major shareholder in WG with 55%
share ownership.

Subsidiaries Information

Establishment
UII was establish within the framework of Limited Liability Company Law No. 1, year 1995 and based on the notarial deed No.19 of Popie Savitri Martosuhardjo Pharmanto, SH dated July 22, 1996, with the amendment dated August 30, 1996 of the same notary.

Location
UII office is located at Wisma UIC 2nd Floor, Jl. Jend. Gatot Subroto Kav. 6-7, Jakarta 12930

Shareholders
PT Unggul Indah Cahaya Tbk.   99,99%
PT Aspirasi Luhur         0,01% (1 share)

Board of Commissioners
President Commissioner : Andi Hartandi
Vice President Comm. : Hanny Sutanto
Commissioners  : Indrawan Masrin
Commissioners  : Eddy William Katuari
Commissioners  : Zairyanto Poedjiaty

PT Universal Interchemicals Corp.,Ltd. (UICPL)

UICPL which is established in 1991 and located in Singapore, is a wholly owned subsidiary of UIC. UIC is the trading agent for chemical material for UIC and its subsidiaries, also acts as UIC’s distributor for export market.

UICPL gross profit margin is stable at 1%. Net income of 2007 and 2006 were recorded at USD 238 thousand and USD 452 thousand respectively.

Subsidiaries Information

Establishment
UICPL is a Company incorporated under Companies Act of Singapore in 1988. It's Registered Business Number is 199100093N.

Location
UICPL's Head office is located at 75 Bukit Timah Road # 05-01/02 Boon Siew Building, Singapore 229833.

Shareholder
PT Unggul Indah Cahaya Tbk.    Â 100%

Albright & Wilson (Australia) Limited (AWAL)

AWAL is the producer of technical and food grade phosphate and polyphosphate, surfactant product line, raw material for detergent and indirect raw material for concrete and plasterboard additives. These products are applied in such industries as personal care, paper, shampoo, mining and mineral processing, medicines, fertilizer, building and water treatment.

AWAL has two different factories. The factory in Yaraville, Victoria, Australia, is used to produce phosphate products. The factory in Wetherill Park, New South Wales is used to produce surfactant product. Both factories have achieved ISO 9001 certification. Sales, marketing and warehouse facilities are located in Brisbane, Melbourne, Perth and Sydney.

AWAL owns 100% shares in Albright & Wilson New Zealand (AWNZ), a trading company which provides marketing and storage facilities for AWAL products in New Zealand. In 2006, AWAL invested in a China company producing Phosphoric Acid (raw material for STPP), through a 75% shares ownership of United Austindo Chemical Pte., Ltd.

AWAL recorded a decrease on its sales in the amount of USD 98.70 (equivalent to AUD 86.20 million) in 2007. AWAL recorded its sales in the amount of USD 74.42 (equivalent to AUD 98.8 million) in 2006. So as, the gross profit margin decreased from 14.33% in 2006 to 12.69% in 2007.

Subsidiaries Information

Establishment
AWAL was established in 1939 under Victorian Company Law. It remains incorporated today as a Public Company under Australian Corporation Law and has an Australian Company Number (ACN) 004 234 137.

Location
AWAL's head office is located at 295 Whitehall Street, Yarraville 3013, Victoria, Australia. Its phospate and surfactant manufacturing plants located in Melbourne and Sydney, respectively.

Shareholders
Universal Interchemicals
Corp. Pte., Ltd.             99,99%
Hartono Gunawan        0,05% (1 share)
Yani Alifen                      0,05% (1 share)

Board of Director
Director: John albert Leith
Director: Yani Alifen
Director: Jimmy Masrin
Director: Zairyanto Poedjiaty
Director: Felix Wong
Director: Eddy William Katuari

Total Employees
108 employees

Line of Business
Trading and Investment

Product
Linear Alkylbenzene Sulfonic Acid (LABSA)
Sodium Tripolyphosphate (STPP)
Phosphoric Acid
Food Phosphates and Blends
Sodium Hexametaphosphate
Sodium Lauryl Ether Sulphate (SLES)
Napthalene Sulfonate Formaldehide (NSF)

Wiranusa Grahatama (WG)

WG developed an building apartment and office building complex on a 3.2 hectare land located in the main business district of Jakarta. Pearl Garden Apartment Complex which was built since the end of 2004 has 235 units of low-rise apartment.

The revenue from the sales of apartment unit under strata title is realized based on the percentage of completion method when all criteria required in accounting principles have been met. If one or more criteria are not met, then the payment from the buyer is
treated as advance payment. Since June 1, 2006, all criteria on realization of revenue have been met.

At the end of 2007, the percentage of completion on the apartment has been recognized as 98.76%. The 2007 sales has reached Rp 109.99 billion, generating gross profit of 24.34%.

The net profit in 2007 experienced a decrease by 88.78%, that was from net profit of Rp 10.44 billion in 2006 to becoming net profit at the amount of Rp 1.17 billion. The reduction in net profit was as a result of interest expense of Rp 100 billion from bank loan which WG received from PT Bank Niaga Tbk since September 2006.

Subsidiaries Information

Establishment
PT Wiranusa Grahatama was established based on the notarial deed No. 149 of Benny Kristianto SH dated August 12, 1988 which mentioned in state gazette dated 5/1–1990 No. 2 with all the changes. The last changes were on the notarial deed No. 52 Popie Savitri Martosuhardjo Pharmanto SH dated August 27, 2005.

Location
WG office is located at Wisma UIC 1st Floor, Jl. Jend. Gatot Subroto Kav. 6-7, Jakarta 12930

Shareholders
PT Unggul Indah Investama        55%
PT Salim Chemicals Corpora     27%
PT Ekaprana Graha Andika         18%

Board of Commissioner
President Commissioner : Andi Hartandi
Commissioner : Eddy William Katuari
Commissioner : Jimmy Masrin
Commissioner : Juventius Sukarman
Commissioner : Hanny Sutanto

United Austindo Chemicals Pte., Ltd. (UACPL)

UACPL is a subsidiary of which 75% and 25% of its shares are owned by AWAL and Petrocentral respectively. UACPL engages in investing activity, is established on February 7, 2006 in Singapore with a registered business number 200601616 C. UACPL owns 40% of Fang Cheng Tian-Mu Chemical Co., Ltd., China, a company which
produces Phosporic Acid.

Subsidiaries Information

Establishment
United Austindo Chemicals Pte., Ltd. was established on February 7, 2006 and registered under business number 200601616C

Location
Office is located at 179 River Valley Road #03-06, River Valley Building, Singapore 179033

Shareholders
Albright & Wilson (Australia) Limited  75%
PT Petrocentral      25%