PT ABM Investama Tbk dated October 20, 2022 in relation to its invitation to holders of its outstanding 9.500% Senior Notes due 2026 (Rule 144A - ISIN: US69379AAB17, CUSIP: 69379AAB1, Common Code: 236755487; Regulation S - ISIN: USY708CHAB61, CUSIP: Y708CHAB6, Common Code: 236755495) (the "Notes" and each holder, a "Holder") to tender their Notes for purchase for cash up to a maximum aggregate principal amount USD 40,000,000, being the Maximum Acceptance Amount (the "Offer"). The Offer is made on the terms and subject to the conditions set forth in a tender offer memorandum dated as of October 20, 2022. As of October 20, 2022, the aggregate principal amount of the Notes outstanding was USD 200,000,000., holders of Notes had validly tendered and not validly withdrawn at or prior to the Withdrawal Deadline USD 193,480,000 in aggregate principal amount of the Notes, being 96.74% of the aggregate outstanding principal amount of the Notes.

Since the aggregate principal amount of Notes validly tendered (and not validly withdrawn) by Holders is greater than the Maximum Acceptance Amount, the Company does not expect to accept any Notes tendered by Holders after the Early Tender Time. In addition, all Notes tendered at or prior to the Early Tender Time will be subject to proration. The Company will determine the aggregate principal amount of a Holder's validly tendered Notes accepted for purchase by multiplying such Holder's tender by the proration factor of 22.361%, and rounding the product down to the nearest integral multiple of USD 1,000.

The Notes will only be accepted for purchase by the Company in minimum principal amounts of USD 200,000 and integral multiples of USD 1,000 thereafter (the "Authorized Denomination"). Depending on the amount tendered and the applicable proration factor applied, if the proration would result in a principal amount of Notes that is less than the Authorized Denomination being returned to a Holder or accepted for purchase by the Company, the Company will reject all of such Holder's validly tendered Notes without applying proration.