FITCH credit briefing: Indonesia on cusp of investment grade

(The following was released by the rating agency)

March 09 (Fitch) Fitch Ratings will host its annual Indonesia Credit Briefing in Jakarta on Thursday, 17 March. Fitch revised the Outlook on Indonesia's Long-Term Foreign and Local Currency Issuer Default Ratings to Positive from Stable on 24 February, reflecting favourable macroeconomic prospects and a strengthening credit profile. This places Indonesia on the cusp of an upgrade to investment-grade status,
joining the BRIC economies of Brazil, Russia, India and China. The briefing will include presentations by Fitch's senior analysts from the Sovereign, Financial Institutions and Corporate Finance groups. Also, the event will feature a keynote address by H.E. Bapak Agus Martowardojo, Minister of Finance of the Republic of
Indonesia.

The full agenda is available at http://fitchratings.nyws.com/Page.asp?ID=1654

The venue details and contacts are as follows:

Fitch Ratings Credit Briefing

Thursday, 17 March 2011

8:15am-12:00pm

Four Seasons Hotel, Jakarta

Ikat Room

Jalan H.R. Rasuna Said, Jakarta 12920

Admission is complimentary, but pre-registration is

required. Members of the press should register with the Fitch

media relations contacts listed at the bottom of this press

release.

Interested market participants should register with

Benedicta Setyorini, +62 21 2902 6403/

benedicta.setyorini@fitchratings.com