PT. Gajah Tunggal Tbk announced the tender offer to purchase for cash of its outstanding $250,000,000 8.375% Senior Secured Notes due 2022, guaranteed by its subsidiaries, for an aggregate purchase price of up to the Tender Cap made pursuant to an Offer to Purchase dated June 9, 2021. The Financing Condition was satisfied on June 23, 2021, and the settlement of the Tender Offer occurred on June 24, 2021, where the Company made payment for the $152,210,000 in aggregate principal amount of Notes validly tendered and accepted for repurchase, pursuant to the terms of the Offer to Purchase. All of the Tendered Notes have been cancelled. Following the settlement of the Tender Offer and the cancellation of the Tendered Notes, the outstanding principal amount of Notes is $97,790,000. The Tender Offer was made solely pursuant to, and is governed by, the Offer to Purchase. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities (including, without limitation, the New Notes) nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.