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Delivery of MT Tangguh Hiri, a 155,000 CBM of LNG Tanker

Today, 16 October 2008, The Board of Directors of PT Berlian Laju Tanker Tbk ("BLT" or the "Company") wishes to announce that the Company has successfully taken delivery of MT. Tangguh Hiri, a state-of-the-art LNG Tanker with a total capacity of 155,000 CBM. In line with the Company's strategic objective to diversify its business mix, the addition of MT Tangguh Hiri will strengthen BLT's gas fleet and improve its revenue stream from the gas segment. This project is in a joint venture with Teekay Corporation in which BLT holds a 30% interest. MT. Tangguh Hiri was built by Hyundai Heavy Industries Co., Ltd., the world's largest shipbuilder
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