*: after eliminating inter-segmental sales.

Amongst all business divisions, the plantation division posted the strongest revenue growth of 278% on year-to-date basis, on the back of higher CPO volume and additional contribution from Lonsum. On the year-to-date basis, CPO volume increased by 144% to 531,024 MT.

The cooking oil and fats division registered another quarter of encouraging growth of 45% in 3QFY2008 (year to date sales growth of 65%), mainly attributed to higher selling prices and volume growth in consumer pack cooking oil in the domestic Indonesian market. This division contributed to 56% of the group’s total revenue for 9MFY2008.

Commented by Mr. Wakeford, "The strong growth in our cooking oil and fats division is a testimony of our brand strength in the domestic Indonesian market. Cooking oil sales grew 17% to 327,000 MT in 9MFY2008 with Bimoli, the No.1 branded cooking oil being well supported by over 120 distributors serving 230,000 retail outlets in Indonesia."

80 Raffles Place, #22-23 UOB Plaza 2, Singapore 048624, Tel. +65 6557 2389, Fax. +65 6557 2387, www.indofoodagri.com Company Registration No. 200106551G P a g e 3

INDUSTRY OUTLOOK

The sharp global economic downturn, led by the US financial crisis has been on an unprecedented scale. The turbulence in the financial markets has spilled over to commodity markets, and together with the steep decline in petroleum prices has led to a steep downward fall in CPO prices.

Given the uncertainty over the full extent of the financial crisis, it is too early to predict the full effects on the global economy in the next 12 months. However it is likely that CPO prices will remain soft in the next 12 months.

Nonetheless, the outlook for palm oil demand remains positive given that currently i) more than 85% of CPO is consumed as food, with increasing demand from China and India ii) approximately 10% is used for oleo-chemical use and iii) bio-diesel demand remains low at approximately 5%, but has the potential to grow given that CPO is a cheaper feedstock than competing vegetable oils. The retreating petroleum prices should help ease the inflationary pressure on freight and transportation costs and fertilizers

Mr. Wakeford elaborated,

We are very excited about the recent announcement of the world’s first patent for F

Looking forward, IndoAgri will continue to strengthen our integrated Agribusiness model, while focusing on improving our cost efficiency and yields. Combined with our low cost of production, the Group is well positioned to face the challenges ahead." "For our plantation division, we have a large land bank of over 450,000 hectares and 173,060 hectares is planted with oil palm, of which 61,218 hectares is not yet at peak maturity. Our core strategy of being a low cost producer combined with production growth, positions us well for the lower CPO prices we are currently experiencing. For our cooking oil and fats division, we are on track to expand our refining capacity in Medan to 170,000 MT/yr by the end of 2008 enabling further market penetration of our branded products. 1 hybrid oil palm seeds. For our subsidiary Sumatra Bioscience, this is a major breakthrough and demonstrates our commitment to invest in research and development activities, to continually improve the yield potential of our oil palm seeds.

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ABOUT  INDOFOOD  AGRI  RESOURCES  LTD.

Indofood Agri Resources Ltd ("IndoAgri")

At present, IndoAgri - owns a vast land bank of 455,911 hectares spread throughout the Indonesian archipelago. Of this, 173,060 hectares and 21,969 hectares are planted with oil palm and rubbers, respectively. Additionally, IndoAgri also has 6,616 hectares of other crops such as cocoa, tea and coconut. . The Group’s acquisition of PT PP London Sumatra Indonesia Tbk in 2007 has also further strengthened IndoAgri’s market leader position in Indonesia’s palm oil industry.

IndoAgri has also recently completed the shares subscription of a 60% stake in PT Lajuperdana Indah ("LPI"), which will enable the Group to expand its existing agribusiness activities into the areas of sugar cane cultivation and processing. The sugar industry presents a new and attractive investment proposition with demand driven by factors such as population growth, rapid development of processed food and beverage industries and the continued expansions of sugar-based industries such as ethanol. is a vertically integrated agribusiness group with business operations that range from research and development in the breeding and cultivation of oil palms, to the milling and refining of crude palm oil, and the marketing and distribution of cooking oil, margarine, shortening and other derivative products. The Group also engages in the cultivation of other crops such as rubber, cocoa and tea.

For more information please visit our website at: www.indofoodagri.com

Issued for and on behalf of Indofood Agri Resources Ltd

By Financial PR Pte Ltd

For more information, please contact:

Indofood Agri Resources Ltd

Ms. Mak Mei Yook, makmy@indofoodagri.com

Mr. Isaac Chow, chowcs@indofoodagri.com

Tel: (65) 6557 2389

Fax: (65) 6557 2387

Financial PR Pte Ltd

Ms. Kathy Zhang, kathy@financialpr.com.sg

Mr. Dave Tan, dave@financialpr.com.sg

Tel: (65) 6438 2990

Fax: (65) 6438 0064

80 Raffles Place, #22-23 UOB Plaza 2, Singapore 048624, Tel. +65 6557 2389, Fax. +65 6557 2387, www.indofoodagri.com Company Registration No. 200106551G P a g e 4