Dear Stakeholders,

Praise be to God Almighty, we have pass through 2018 with enthusiasm and remain optimistic. Although the oil and gas sector has not fully recovered, we remain confident and believe that there will be better days before us.

We hope that the increase in vessel utilization that occurs can continue. Stable world oil and gas prices and government initiatives to continue to increase oil and gas exploration and production activities in the country could be a trigger for the growth of utilization of the oil and gas supporting vessel sector in Indonesia.

We would like to thank all employees who serve on the office and at sea, the atmosphere of harmonious cooperation enables us to work optimally and provide satisfying services to the Company’s service users. Let us keep this harmony and even more to improve it in the coming days.

We also want to thank all Board of Commissioners, Board of Directors and shareholders for their guidance and prayers, together, we can make PT Logindo Samudramakmur Tbk to be a better company.

Thank you and God bless us all

Yours Faithfully,

Eddy Kurniawan Logam