Press Release for Indonesian Business Seminar and Market Meeting

For Immediate Release

NEW CONNECTION BETWEEN ST. LOUIS AND INDONESIA GENERATES FIRST ST. LOUIS BUSINESS SEMINAR TO FOCUS ON THE $30 BILLION NEEDS OF THE INDONESIAN ELECTRIC POWER COMPANY (PLN) HOSTED BY WORLD TRADE CENTER – SAINT LOUIS

CEO of the PLN Electric Power Company as well as U.S. Commerce Dept. Executive and American Indonesian Chamber of Commerce President will be featured to speak.

January __ 2005, St. Louis, Missouri …

PLN is the Indonesian state owned electric power company serving 13 million customers on more than 13,000 islands. The scope of activities includes construction, generation, operation and maintenance. Over the next five years, PLN plans to spend about $2 Billion U.S. dollars to operate and maintain power generation equipment (hydro, diesel, steam, gas) for producing about 22,000 MW of electric power. Also, over the next five years, PLN will require investment to generate about 12,000 MW of additional electric power including 10,000 kmc transmission lines valued at about $28 Billion U.S. dollars. For more information, please visit PLN’s website: www.pln.co.id.

The first St. Louis Business Seminar and Indonesian Electric Power Market Meeting will be at the World Trade Center Saint Louis, 121 South Meramec Avenue on Thursday, January 27th between 8:00 and 11:00am. This business event was the result of a cooperative effort between Rob Heuermann, Director, World Trade Center-Saint Louis and Principals, Joe Passanise and Alex Soetjipto, of the newly established St. Louis-Bogor Sister Cities Committee and IndoSuccess.

The Seminar will feature Mr. Wayne Forest, President, American Indonesian Chamber of Commerce PLN, Mr. Randall LaBounty, Director, U.S. Export Assistance Center in St. Louis, and. Mr. Eddie Widiono, President Director, PLN. St. Louis County Executive Charlie Dooley and Indonesian Consul General Daulat Passaribu will make opening comments.

"Executives expected to attend will be from companies that focus on (1) Electrical Components/Equipment (2) Energy Management (3)Engineering Services for Power Plant & Transmission (4) Finance & Investment (5) Information Technology & Communication (6) Shipping/Transportation" said, Mr. Supriadi (Yadi) Legino, PLN spokesman. Following the Seminar, there will be breakout market meetings on these various electric power needs. For more information, please contact Yadi at 314-498-0904, yadi71@hotmail.com.

Co-sponsors of the Indonesia Business Seminar and Electric Power Breakout Market Meeting include the Indonesian Consulate General’s Office, World Trade Center Saint Louis, the City of St. Louis and St. Louis County, IndoSuccess, St. Louis-Bogor Sister Cities Committee, Global Exchange Enterprise, and PLN Power Company.

The $15 admission fee for members of the World Trade Center – Saint Louis covers the Indonesian Seminar and Electric Power Market Meeting along with a continental breakfast. To register, please contact World Trade Center Saint Louis at 314.615.8141 or visit the website www.worldtradecenter-stl.com.

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