The merger of BP Amoco and Atlantic Richfield (ARCO) in April 2000 created a single company with a significant commitment to Indonesia and to the development and commercialization of the country's abundant energy resources. Since July 2000, the name of our new company is 'BP'.

Our two companies have operated in Indonesia for 30 years as PSCs to PERTAMINA, and investors in the country's petrochemicals, and coal industries. Together with our partners, we have spent over $7bn in Indonesia. With PERTAMINA and our partners, the combined company now produces 10% of Indonesia's oil, supplies 65% of Java's current gas requirements and generates $1.3bn per year of revenues for the benefit of the Indonesian people. Together with PERTAMINA we have also found world class gas fields in Irian Jaya. These have the potential to create even more wealth for Indonesia in the years ahead.

Both BP and ARCO have had long partnerships with Indonesia and excellent records of success as production sharing contractors, gas suppliers to the domestic sector, producers of petrochemicals, and as developers of coal resources. We have also been active in the exploration, production, refining, marketing, supplying and transporting of crude oil and petroleum products, and given BP's strong commitment to the environment, BP Solar is also growing in Indonesia.

Our new firm has brought together two well-established companies with strong traditions in providing the best for our customers while maintaining stringent health, safety and environmental standards, and working in partnership with government and local communities.

More information on BP can be obtained through BP's website @ www.bpamoco.com

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