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Friday 10 July 2015  

ExxonMobil contributes USD $4 million for Banyu Urip education and business development programs

- 23 billion rupiah (U.S. $2.1 million) contribution will establish a community training centre for business development

- Additional to the 21 rupiah (U.S. $1.9 million) contribution to start Sampoerna School Development Program in six schools

JAKARTA, 10 July 2015 – ExxonMobil Cepu Limited, an affiliate of Exxon Mobil Corporation, today announced a 23 billion rupiah (U.S. $2.1 million) contribution to support a new community program in Banyu Urip. This follows the announcement of a 21 billion rupiah ($1.9 million) contribution, made in March 2015, for an educational program.

The donations were made as development of the Banyu Urip oil and gas project nears completion. The project has provided significant and lasting benefits to Indonesia and local communities, including more than U.S. $3 billion in investments and contracting of more than 460 Indonesian companies.

The nonprofit Bina Swadaya Foundation will establish a new community learning centre in Banyu Urip with a 23 billion rupiah (U.S. $2.1 million) contribution from ExxonMobil Cepu Limited and its Cepu Block partners, PT Pertamina EP Cepu and the Cepu Block Cooperation Body, with the support from SKK Migas. The centre will help build local capacity in product development, financial management, marketing and supply chain opportunities, as well as business mentoring. The business incubator also will provide training in environmentally-friendly practices in agriculture, animal husbandry, fisheries and home industries.

It will serve approximately 550 households across the 22 villages adjacent to the Banyu Urip project. A microfinance component is included in the program to assist with the establishment of new businesses.

The previously announced 21 billion rupiah (U.S. $1.9 million) contribution from Exxon Mobil Corporation is enabling six schools in Bojonegoro and Tuban regencies to undertake Putera Sampoerna Foundation’s School Development Program. The focus of the program is to improve teacher training, school management and governance, curriculum development and student training. Approximately 360 high school teachers will benefit from the program. The program also involves the active participation of communities around the schools.

“We are proud to work with Bina Swadaya Foundation and the Putera Sampoerna Foundation on these important programs,” said Jon Gibbs, president of ExxonMobil Cepu Limited during a community workshop today. “By working together with local communities, we continue to help improve the quality of life in the areas where we operate.”

Ayu Bulan, program supervisor of Bina Swadaya Foundation said, “Through the new business incubator program, we will work with communities in Bojonegoro and Tuban regencies to promote business development and training. We are confident this initiative will greatly enhance quality of life in the local communities through the creation and nurturing of many small businesses.”

The Banyu Urip project, comprising the Cepu Block partners, PT Pertamina EP Cepu and the Cepu Block Cooperation Body, has invested in workforce development, supplier development, and strategic community development programs for more than 70,000 community members in Bojonegoro, Tuban and Blora regencies. Cepu Block is operated by ExxonMobil Cepu Limited based on the production sharing contract under the monitoring and control by SKK Migas.

Three focus areas for strategic community investments by ExxonMobil Cepu Limited are education, health, and economic development. ExxonMobil Cepu Limited was formerly known as Mobil Cepu Ltd. Other ongoing initiatives supported by the project include a youth entrepreneurship and vocational training program, a technology program for women, and a biogas initiative. ExxonMobil is partnering with local and national expert organisations to deliver the programs.

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