Citigroup Jasa Marga (Persero) - Transfer of Coverage

v Transferring Coverage — We hereby transfer coverage responsibility for Jasa Marga shares to Margarett Go from Ella Nusantoro, who is leaving CIRA.

v Maintain Buy/Low Risk (1L) rating and target of Rp2,003 — We slightly adjust our estimates to factor in recent FY09 results. But overall, we maintain our buy rating
on the stock with target price of Rp2,003.