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LETTER OF

THE DIRECTOR GENERAL OF FOREIGN TRADE

NO. 588/DAGLU/III/2004 DATED MARCH 31, 2004

ON EXPORT CHECK PRICES OF SAND, WOOD AND RATTAN

FOR THE APRIL 1 THROUGH JUNE 30, 2004 PERIOD

To

The Director General of Customs and Excise,

Ministry of Finance

in Jakarta

Since the validity period of Export Check Prices (HPE) of sand, wood and rattan for the January 1

through March 31, 2004 period will expire soon, the new HPE of sand, wood and rattan for the April 1 through

June 30, 2004 period are stipulated (enclosed).

We need to inform that Export Check Prices (HPE) of wood, rattan bark and rattan of other kinds for the

April 1 through June 30, 2004 remain unchanged and HPE of all rattan remain the same as the highest HPE of

the respective groups of rattan, compared to the previous period. HPE of polished rattan is stipulated on the

basis of the average prices of the respective groups of rattan, HPE of rattan core is stipulated the same as the

lowest price in the previous period.

In relation thereto, we request for your assistance to inform it to Customs and Excise Service Offices

throughout Indonesia as the basis for stipulating export tax on the said commodities.

We highly appreciate your assistance and cooperation.

THE DIRECTOR GENERAL OF FOREIGN TRADE

sgd.

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ATTACHMENT :

CHECK PRICES OF EXPORT COMMODITIES (FOB)

FOR THE

APRIL 1 THROUGH JUNE 30, 2004 PERIOD

NO. : 588/DAGLU/III/2004

HS NUMBER DESCRIPTION OF GOODS BENCHMARK PRICES

A. Natural sand of all kinds, whether or not coloured

2505.90.000 1. Sea sand (According to Decree of the Minister of Industry and Trade No. 641/MPP/Kep/9/2002 dated September 23, 2002)

US$/M3

a. Destined to Malaysia

- from areas outside Batam Authority 3.00 - from areas of Batam Authority 3.00

b. Destined to Singapore 3.00

2. Mainland sand 3.00

B. Sawn Timber including railway Sleeper and veneer

US$/M3/Ton

4406 1. Railway or tranway sleepers (crossties) of wood

a. Cendana 8.000,00/Ton

4407 2. Wood, sawn or chipped length-wise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6 mm

a. Cendana 8.000,00/Ton

4408 3. Venner sheets and sheets for plywood (whether or not spliced) and other wood sawn length-wise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness not exceeding 6 mm.

a. Cendana 8.000,00/Ton

b. Ebony wood 4.000,00/M3

c. Other fancy wood 4.000,00/M3

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e. Meranti 450,00/M3 f. Other mixed forest wood 450,00/M3

g. Rubber wood 200,00/M3

C. Rattan

1. Rattan mixed, roughly rubbed, unwashed, smoked or sulphured :

US$/Kg

ex 1401.20.00.00 a. Rotan Pulut 3,00

ex 1401.20.00.00 b. Rotan Sega 0,88

ex 1401.20.00.00 c. Rotan Lambang 1,00

ex 1401.20.00.00 d. Rotan Tohiti 1,00

ex 1401.20.00.00 e. Rotan Manau 2.25

ex 1401.20.00.00 f. Rotan Semambu 1,00

ex 1401.20.00.00 g. Rattan of other kinds 1.90

ex 1401.20.00.00 2. Rattan, fine polished 0,65

ex 1401.20.00.00 3. Rattan, cores 0,55

ex 1401.20.00.00 4. Rattan bark 0.65

ex 1401.20.00.00 5. Others 0.65

JAKARTA, March 31, 2004 For THE MINISTER OF INDUSTRY AND TRADE

THE DIRECTOR GENERAL OF FOREIGN TRADE

sgd.

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