International Nickel Indonesia, Tbk.

COMPANY PROFILE

Name	:	PT International Nickel Indonesia Tbk
Address	:	Bapindo Citibank Tower 22nd Floor Jl. Jend. Sudirman Kav. 54-55 Jakarta 12190 Tel: +62-21-524 9000 Fax: +62-21-524 9020
Date of incorporation		Juli 1968
Stock Exchange Under Writer IPO Securities Adm Bureau	: : :	Indonesia Stock Exchange (IDX: INCO) Registered May 16, 1990 PT Danareksa Sekuritas PT International Nickel Indonesia Tbk. Shares Devidend Bapindo Plaza II, 22nd Fl. 665.35 Jln. Jend Sudirman Kav. 54-55, Jakarta 12190 299.10 Phone : 524-9000 299.10 Fax : 524-9020, 524-9030
Shares (000)	:	9,936,339 issued and fully paid shares
Shareholders	:	Vale Canada limited* - 58,73% Sumitomo Metal Mining Co., Ltd., - 20,09% Publik and other shareholders - 21,18% * Vale Canada Limited is one of the companies that comprise Vale S.A.'s larger Base Metals business. Vale Canada Limited (Vale Canada), formerly Vale Inco Limited, changed since August 31, 2010.

PT International Nickel Indonesia Tbk. (“the Company”) was established on July 25th, 1968 by deed No. 49 prepared by Eliza Pondaag, a public Notary in Jakarta. The ultimate holding company is Vale S. A, a company registered in Brazil. The Company’s plant is located in Sorowako, South Sulawesi and the head office is located in Jakarta. The Company’s main activities are exploration and mining, processing, storage, transportation and marketing of nickel and associated mineral products. The Company started its commercial operations in 1978. PT Inco is one of the world’s premier producers of nickel. A versatile metal, which is important in improving living standards and fostering economic growth. For more than three decades, since the signing of its Contract of Work with the Indonesian Government in 1968, the Company has provided skilled jobs, shown concern for the needs of the communities in which it operates, benefited shareholders and contributed positively to the Indonesian economy.

PT Inco produces nickel in matte, an intermediate product, from lateritic ores at its integrated mining and processing facilities near Sorowako on the island of Sulawesi. Its entire production is sold in US Dollars under long‐term contracts for refining in Japan. PT Inco’s competitive strengths include abundant ore reserves, a skilled, well‐trained workforce, low‐cost hydroelectric power, modern production facilities and an assured market for its product. In addition, the Company has undertaken, subject to economic and technical feasibility, to explore the potential development of its nickel deposits at Pomalaa in Southeast Sulawesi and at Bahudopi in Central Sulawesi. The total number of employees at June 30th, 2011 was 3,099 employees.