PRESS RELEASE

In the year 2010, PT Voksel Electric Tbk recorded net sales of Rp 1.31 trillion, or decreased 24.28% compared to 2009 sales, consisted of export sales of Rp. 120.65 billion and local sales of Rp. 1.19 trillion. Electrical cable sales  achieved Rp. 897.77 billion, and copper wire sales were booked at Rp 263.33 billion. Telecommunication cable achieved Rp. 22.04 billion, and Optical Fiber Cable sales achieved Rp. 126.42 billion.

The Company and its subsidiaries recorded consolidated gross profit of Rp. 153.23 billion or 11.70% of sales in 2010. The Company’s operating profit decreased to 3.61% of sales in 2010 compared to 4.77% of sales in 2009. The net income after tax in 2010 decreased to Rp. 10.07 billion or 81.20% from Rp. 53.56 billion in 2009.