7/29/2019 Adco Indonesia Corporation Exploration Program 2013

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ADCO INDONESIA CORPORATION EXPLORATION PROGRAM 2013

ABU DHABI 01/28/13 -- Adco Indonesia Corporation ("Adco Indonesia Corporation " or "the Company")

announces that it is restarting exploration at its Gold Project located in Aceh Province of Indonesia. The

Company announced on January 8, 2013, that it has received extensions of its licences (IUPs) at Gold Project

until November 30, 2014.

Adco Indonesia Corporation project geologists will begin with the onsite compilation of detailed geological and

geotechnical field maps of the three Gold Project IUPs and the Aceh IUP. These field maps will be evaluated

and interpreted with the aim of providing mineralization extension targets both along strike and down dip at Gold

Project and initial scouting drill hole targets at Tangse. The new targets generated by the interpretation of this

mapping shall be added to the 12,000 metres of drilling planned in the 2013 drilling program at the Gold Project

Project.

"We are very pleased to resume exploration at Gold Project ," said CEO of Adco Indonesia Corporation."While

we have previously identified a significant resource here, there were still several areas that required follow-up.

This new exploration will help us understand the extent of the mineralization and the potential of further drilling toadd to the resource base."

The Company is also working with several levels of government to change the forestry classification at parts of

the Gold Project Project. The Aceh IUP is not subject to any forestry classification restrictions.

Gold Project is an epithermal gold project located on the northern tip of Sumatra Island in the province of Aceh

in Indonesia. In May 2011, the Company completed an NI 43-101 technical report on the property, which

identified an Inferred Resource of 3.14 million ounces of gold and 8.95 million ounces of silver in near and at

surface mineralization. The resource estimate was made using a 0.20 grams per tonne gold cut-off and an

estimated 103.9 million tonne resource averaging 0.94 grams per tonne of gold and 2.68 grams per tonne of

silver.

About Adco Indonesia Corporation

is an energy company, oil and gas exploration, mining development and production in Indonesia, Southeast Asia.

PT. ADCO INDONESIA CORPORATION is a subsidiary wholly owned by ADCO Company, an investment and

development company of the Government of Abu Dhabi in the United Arab Emirates.

We conduct our business in compliance with the highest standards of Good Corporate Governance (GCG) and

the Safety, Health and Environment (SHE). In addition, we implemented a Corporate Responsibility program

consistent (CSR) Social. All our work is done in a professional ethical, open, and innovative. These values are at

the core of our corporate culture, which encourages ADCO INDONESIA CORPORATION toward sustainability

PT. ADCO INDONESIA CORPORATIONHead Office :Jl. Gatot Subroto Kav. 33-35 Kuningan, SetiabudiJakarta Selatan, 12950