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This video is not research material and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research. This video does not necessarily represent the views of every unit within the Standard Chartered Bank, particularly those of the Global Research function. In Indonesia this video is used by Standard Chartered Bank Indonesia (“SCB”) by always referring to applicable regulation, including but not limited to regulation of Central Bank of Republic Indonesia and Otoritas Jasa Keuangan.

This video is being used for general information only and it does not constitute an offer, recommendation, solicitation to enter into any transaction. This video contains general evaluation only. Opinions, projections and estimates are solely those of SCB at the date of this video and subject to change without notice. Past performance is not indicative of future results and no representation or warranty is made regarding future performance. Any forecast contained herein constitutes an opinion only and is not indicative of actual future movements in rates or prices or actual future events or occurrences. This video has not and will not be registered as a prospectus in any jurisdiction.

SCB makes no representation or warranty of any kind, express, implied or statutory regarding, but not limited to, the accuracy of this video or the completeness of any information contained or referred to in this video. This video is used on the express understanding that, whilst the information in it is used as the reliable information, it has not been independently verified by us. SCB accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential loss or damage) from your use of this video, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this video, its contents or associated services, or due to any unavailability of the video or any part thereof or any contents. SCB, and/or a connected company, may at any time, to the extent permitted by applicable law and/or regulation, have a material interest in any such securities or related investment. Accordingly, SCB, its affiliates and/or subsidiaries may have a conflict of interest that could affect the objectivity of this video. This video must not be forwarded or otherwise made available to any other person without the express written consent of SCB.

Copyright: Standard Chartered Bank 2017. Copyright in all materials, text, articles and information contained herein is the property of, and may only be reproduced with permission of an authorised signatory of, Standard Chartered Bank. Copyright in materials created by third parties and the rights under copyright of such parties are hereby acknowledged. Copyright in all other materials not belonging to third parties and copyright in these materials as a compilation vests and shall remain at all times copyright of Standard Chartered Bank and should not be reproduced or used except for business purposes on behalf of Standard Chartered Bank or save with the express prior written consent of an authorised signatory of Standard Chartered Bank. All rights reserved. © Standard Chartered Bank 2017.

THIS IS NOT A RESEARCH REPORT AND HAS NOT BEEN PRODUCED BY A RESEARCH UNIT.

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