PRESS RELEASE

In the year 2011, PT Voksel Electric Tbk recorded net sales of Rp 2.01 trillion, or increased  53.84% compared to 2010 sales of Rp. 1.31 trillion, consisted of export sales of Rp. 153.11 billion and local sales of Rp. 1.86 trillion. Power cable sales  achieved Rp.  1.71 trillion, and Telecommunication cable achieved Rp. 214.49 billion, while other sales achieved Rp. 90.02 billion.

The Company and its subsidiaries recorded consolidated gross profit of Rp. 303.54 billion or 15.07% of sales in 2011. The Company's operating profit increased to 8.70% of sales in 2011 compared to 3.61% of sales in 2010. The net income after tax in 2011 increased to Rp. 110.62 billion or 5.49%  of sales  2011, compared to Rp. 10.26 billion or 0.78% of sales in year 2010.