So whilst under any normal scenario you might
be applauded for reducing the interest rateon$600 m of high yield debt from J9%to below7%,
minority investors in both PT Bumi Resources (and Bumi pic in its capacity as a 29.2%
shareholder of PT Bumi Resources) wantto see you initiate a radical 'cleaning up' ofPT Bumi Resources' balance sheet and corporate culture..