PT Bayan Resources Tbk. entered into in connection with the issuance of 6.125% Senior Notes Due 2023 the company has informed the Trustee that all outstanding Notes will be redeemed in full on October 21, 2021 (the "Redemption Date") at a redemption price equal to 100% of the principal amount plus the Applicable Premium as of, and accrued and unpaid interest on the Notes to (but not including), the Redemption Date (the "Redemption Price"). On the Redemption Date, the Redemption Price will become due and payable on each Note to be redeemed and, unless the company defaults in the payment of the Redemption Price, interest on the Notes will cease to accrue on and after the Redemption Date. Payment of the Redemption Price and surrender of the Notes for redemption will be made through the facilities of DTC. Capitalized terms used but not defined herein shall have their respective meanings given to them in the Indenture.