Tranche Update on PT Waskita Beton Precast Tbk's Equity Buyback Plan announced on July 28, 2017.

PT Waskita Beton Precast Tbk is an Indonesia-based precast and ready-mix concrete manufacturing company. The Company has a production capacity of approximately 3.7 million tons/year, supported by nine plants, 31 batching plants and one quarry spread across the islands of Sumatra, Java and Sulawesi. Its business includes precast concrete, ready mix, construction service, post tension, workshops and 3D BIM products. The Company's precast concrete products include spun pile, PC-1 Grider, full slab, railroad bearing (BJR), beam-column precast, box culvert, box girders, corrugated concrete sheet pile and electric polishing. Its ready-mix products include K125 (Fc 10.5), K250 (Fc 20), K350 (Fc 30), K400 (Fc 45), K500 (Fc 40) and K350 (Fc 30). The Company provides services for the construction of facilities and infrastructure, including toll roads, buildings, bridges and other infrastructure construction, consisting of engineering, installation, erection, construction and post-tensioning.