Jakarta, April 3, 2007 – PT Indofood Sukses Makmur Tbk  today conducted Due Diligence Meeting and Public Expose in connection with the plan to issue a fixed rate 5 year IDR Bond Series IV, with total amount up to IDR1.5 trillion.

The proposed bond received an idAA+ rating (double A plus, stable outlook) from the rating agency, Pefindo. 

In line with the company policy to further reduce its foreign exchange exposure and mitigate the effects of fluctuation in interest cost, the net proceeds will be used to refinance its foreign currency debts as well as short term IDR debts.

The offering of the bond is expected to be carried out in the first week of May 2007, upon receiving approval from the Bapepam & LK. The bond will be listed in the Surabaya Stock Exchange.

Mandiri, Danareksa, Trimegah and Danatama Makmur Securities are the Joint Lead Underwriters for the bond issuance.