PT BERLIAN LAJU TANKER TBK ANNOUNCES DEFAULT ON DEBT INSTRUMENTS
Following the earlier debt restructuring and debt standstill announcement on 26 January 2012, the
Board of Directors of PT Berlian Laju Tanker Tbk (the "Company") (SGX: PTBL.SI and IDX: BLTA.JK)
wishes to announce that consistent with the announcement, no payment has been made on the
following debt instruments:
1. Borrower: BLT Finance B.V.
Debt Instrument: USD125,000,000 12% Guaranteed Convertible Bonds due 2015 (ISIN Code:
XS0300718599)
Due amount: USD36,632,940 (Redemption Proceeds USD 33,699,000, Interest of USD 2,933,940)
Due date: 9 February 2012
2. Borrower: BLT International Corporation
Debt Instrument: USD125,000,000 12% Guaranteed Convertible Bonds due 2015 (ISIN Code:
XS0485132046)
Due amount: Interest of USD 7,500,000
Due date: 9 February 2012
3. Borrower: Berlian Laju Tanker
Debt Instrument: Obligasi Berlian Laju Tanker IV Tahun 2009 Dengan Tingkat Bunga Tetap - Seri B
Due amount: Interest of IDR 5,812,500,000
Due date: 27 February 2012
4. Borrower: Berlian Laju Tanker
Debt Instrument: Obligasi Berlian Laju Tanker IV Tahun 2009 Dengan Tingkat Bunga Tetap - Seri C
Due amount: Interest of IDR 7,718,750,000
Due date: 27 February 2012
5. Borrower: Berlian Laju Tanker
Debt Instrument: Sukuk Ijarah Berlian Laju Tanker II Tahun 2009 - Seri A
Due amount: Interest of IDR 1,743,750,000
Due date: 27 February 2012
6. Borrower: Berlian Laju Tanker
Debt Instrument: Sukuk Ijarah Berlian Laju Tanker II Tahun 2009 ÃÂ] Seri B
Due amount: Interest of IDR 2,234,375,000
Due date: 27 February 2012
We are still working with our financial advisor and will provide an update with respect to the
Company's restructuring of its indebtedness in due course.