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IEV AWARDED CNG SUPPLY TENDER FROM PT INDOFOOD CBP SUKSES MAKMUR TBK

PT IEV GAS (“IEV GAS”) has been selected by PT Indofood CPB Sukses Makmur Tbk (“PT Indofood”) as the winner of a tender for the supply of compressed natural gas (“CNG”) to PT Indofood’s Noodle Division and Nutrition & Special Food Division manufacturing plants in Padalarang, Bandung

.IEV Gas will enter into further negotiation with PT Indofood and a formal Gas Sales Agreement (“GSA”)is expected to be executed in due course. Preparation work is in progress for gas supply to commence in March 2014.