Asian WallStreet Journal 17 January 2003 In the Clear Your Jan.6 article, "Indonesia Hopes to Close Books on Bank Bailout," gives the inappropriate suggestion that the World Bank views Sjamsul Nursalim as a recalcitrant debtor. In fact, the World Bank and the International Monetary Fund gave their blessing for the Master settlement agreement, and we have met with the bank since. Mr. Nursalim signed a master settlement agreement surrendering his best industries, and all our stocks in 12 companies were transferred to the Indonesian Banking Restructuring Authority on May 25,1999, through deed of transfer No.38-45. A letter by IBRA states all obligations have been paid. In fact, all evidence unequivocally confirms full repayment and compliance by Mr. Nursalim on all aspects of the settlement.