PEFINDO BETA STOCK. Edition: 13-November Page 1 of 11

1. ABBA Mahaka Media Tbk. 0.595 0.730 2. ABDA Asuransi Bina Dana Arta Tbk. 0.262 0.508 3. ACES Ace Hardware Indonesia Tbk. 0.786 0.857 4. ADES Akasha Wira International Tbk. 1.633 1.422 5. ADHI Adhi Karya (Persero) Tbk. 2.402 1.935 6. ADMF Adira Dinamika Multi Finance Tbk. 0.962 0.974 7. ADMG Polychem Indonesia Tbk. 0.969 0.979 8. AGRO Bank Rakyat Indonesia Agroniaga Tbk. 0.852 0.902 9. AHAP Asuransi Harta Aman Pratama Tbk. 1.313 1.209 10. AISA Tiga Pilar Sejahtera Food Tbk. 0.556 0.704 11. AKPI Argha Karya Prima Industry Tbk. 0.648 0.765 12. AKRA AKR Corporindo Tbk. 1.346 1.231 13. ALDO Alkindo Naratama Tbk. 0.408 0.605 14. ALKA Alakasa Industrindo Tbk. 0.100 0.400 15. ALMI Alumindo Light Metal Industry Tbk. 1.130 1.087 16. AMAG Asuransi Multi Artha Guna Tbk. 1.439 1.292 17. AMFG Asahimas Flat Glass Tbk. 2.173 1.782 18. AMRT Sumber Alfaria Trijaya Tbk. 1.119 1.079 19. ANTM Aneka Tambang (Persero) Tbk. 0.989 0.993 20. APEX Apexindo Pratama Duta Tbk. 1.142 1.094 21. APIC Pacific Strategic Financial Tbk. 0.405 0.603 22. APLI Asiaplast Industries Tbk. 1.444 1.296 23. APLN Agung Podomoro Land Tbk. 1.425 1.283 24. APOL Arpeni Pratama Ocean Line Tbk. 0.529 0.686 25. ARII Atlas Resources Tbk. 0.283 0.522 26. ARNA Arwana Citramulia Tbk. 0.866 0.911 27. ARTA Arthavest Tbk. 1.484 1.322 28. ASBI Asuransi Bintang Tbk. 0.455 0.636 29. ASDM Asuransi Dayin Mitra Tbk. 0.509 0.673 30. ASGR Astra Graphia Tbk. 1.176 1.117 31. ASII Astra International Tbk. 1.071 1.047 32. ASJT Asuransi Jasa Tania Tbk. 0.111 0.407 33. ASRI Alam Sutera Realty Tbk. 2.014 1.676 34. ASRM Asuransi Ramayana Tbk. 1.280 1.186 35. ATPK ATPK Resources Tbk. 1.157 1.104 36. AUTO Astra Otoparts Tbk. 0.858 0.905 37. BABP Bank ICB Bumiputera Tbk. 0.746 0.831 38. BACA Bank Capital Indonesia Tbk. 0.956 0.971 39. BAPA Bekasi Asri Pemula Tbk. 0.840 0.893 40. BATA Sepatu Bata Tbk. 0.091 0.394 Page 1 of 11

41. BAYU Bayu Buana Tbk. 1.031 1.021 42. BBCA Bank Central Asia Tbk. 1.139 1.093 43. BBKP Bank Bukopin Tbk. 1.654 1.436 44. BBLD Buana Finance Tbk. 0.530 0.686 45. BBRI Bank Rakyat Indonesia (Persero) Tbk. 1.644 1.429 46. BBTN Bank Tabungan Negara (Persero) Tbk. 0.500 0.666 47. BCAP MNC Kapital Indonesia Tbk. 2.087 1.725 48. BCIP Bumi Citra Permai Tbk. 0.721 0.814 49. BEKS Bank Pundi Indonesia Tbk. 0.969 0.980 50. BFIN BFI Finance Indonesia Tbk. 0.935 0.957 51. BHIT MNC Investama Tbk. 1.241 1.161 52. BIPI Benakat Petroleum Energy Tbk. 0.246 0.497 53. BIPP Bhuwanatala Indah Permai Tbk. 0.944 0.963 54. BISI BISI International Tbk. 0.975 0.984 55. BJBR Bank Pembangunan Daerah Jawa Barat dan Bante 0.967 0.978 56. BKDP Bukit Darmo Property Tbk. 0.817 0.878 57. BKSW Bank QNB Kesawan Tbk. 0.263 0.509 58. BMRI Bank Mandiri (Persero) Tbk. 1.528 1.352 59. BMTR Global Mediacom Tbk. 1.695 1.463 60. BNBA Bank Bumi Arta Tbk. 0.680 0.787 61. BNBR Bakrie & Brothers Tbk. 0.358 0.572 62. BNGA Bank CIMB Niaga Tbk. 0.987 0.991 63. BNLI Bank Permata Tbk. 0.878 0.918 64. BORN Borneo Lumbung Energi & Metal Tbk. 0.304 0.536 65. BPFI Batavia Prosperindo Finance Tbk. 0.074 0.383 66. BRAM Indo Kordsa Tbk. 0.200 0.467 67. BRAU Berau Coal Energy Tbk. 1.289 1.192 68. BRMS Bumi Resources Minerals Tbk. 1.179 1.119 69. BRNA Berlina Tbk. 0.974 0.982 70. BSDE Bumi Serpong Damai Tbk. 1.601 1.400 71. BSIM Bank Sinarmas Tbk. 0.465 0.643 72. BSWD Bank Of India Indonesia Tbk. 0.791 0.861 73. BTEK Bumi Teknokultura Unggul Tbk. 1.972 1.648 74. BTPN Bank Tabungan Pensiunan Nasional Tbk. 1.142 1.094 75. BUDI Budi Starch & Sweetener Tbk. 0.397 0.598 76. BUMI Bumi Resources Tbk. 1.950 1.633 77. BUVA Bukit Uluwatu Villa Tbk. 1.069 1.046 78. BVIC Bank Victoria International Tbk. 1.327 1.218 79. BWPT BW Plantation Tbk. 0.282 0.521 80. BYAN Bayan Resources Tbk. 0.512 0.675 Page 2 of 11

81. CEKA Wilmar Cahaya Indonesia Tbk. 1.690 1.460 82. CFIN Clipan Finance Indonesia Tbk. 0.718 0.812 83. CKRA Cakra Mineral Tbk. 0.415 0.610 84. CLPI Colorpak Indonesia Tbk. 1.215 1.143 85. CMPP Centris Multipersada Pratama Tbk. 1.247 1.165 86. COWL Cowell Development Tbk. 0.343 0.562 87. CPIN Charoen Pokphand Indonesia Tbk. 1.710 1.474 88. CPRO Central Proteinaprima Tbk. 0.527 0.685 89. CSAP Catur Sentosa Adiprana Tbk. 1.199 1.133 90. CTBN Citra Tubindo Tbk. 0.069 0.379 91. CTRA Ciputra Development Tbk. 1.950 1.633 92. CTRP Ciputra Property Tbk. 2.104 1.736 93. CTRS Ciputra Surya Tbk. 1.751 1.500 94. CTTH Citatah Tbk. 0.889 0.926 95. DART Duta Anggada Realty Tbk. 2.383 1.922 96. DEFI Danasupra Erapacific Tbk. 0.224 0.483 97. DEWA Darma Henwa Tbk. 0.771 0.847 98. DGIK Nusa Konstruksi Enjiniring Tbk. 1.162 1.108 99. DILD Intiland Development Tbk. 1.905 1.604 100. DLTA Delta Djakarta Tbk. 0.116 0.411 101. DOID Delta Dunia Makmur Tbk. 1.228 1.152 102. DPNS Duta Pertiwi Nusantara Tbk. 1.927 1.618 103. DSFI Dharma Samudera Fishing Industries Tbk. 0.680 0.786 104. DSSA Dian Swastatika Sentosa Tbk. 0.230 0.487 105. DUTI Duta Pertiwi Tbk. 0.296 0.531 106. DVLA Darya-Varia Laboratoria Tbk. 1.403 1.269 107. EKAD Ekadharma International Tbk. 2.415 1.943 108. ELSA Elnusa Tbk. 0.092 0.395 109. ELTY Bakrieland Development Tbk. 0.782 0.855 110. EMDE Megapolitan Developments Tbk. 0.822 0.881 111. EMTK Elang Mahkota Teknologi Tbk. 0.668 0.779 112. ENRG Energi Mega Persada Tbk. 0.824 0.883 113. ERTX Eratex Djaja Tbk. 0.515 0.677 114. ESTI Ever Shine Tex Tbk. 1.347 1.232 115. ETWA Eterindo Wahanatama Tbk. 0.456 0.638 116. EXCL XL Axiata Tbk. 0.241 0.494 117. FAST Fast Food Indonesia Tbk. 0.893 0.928 118. FASW Fajar Surya Wisesa Tbk. 0.368 0.579 119. FISH FKS Multi Agro Tbk. 0.704 0.803 120. FMII Fortune Mate Indonesia Tbk. 0.751 0.834 Page 3 of 11

121. FORU Fortune Indonesia Tbk. 0.830 0.887 122. FPNI Lotte Chemical Titan Tbk. 0.544 0.696 123. FREN Smartfren Telecom Tbk. 0.712 0.808 124. GDST Gunawan Dianjaya Steel Tbk. 1.362 1.241 125. GDYR Goodyear Indonesia Tbk. 0.642 0.761 126. GEMA Gema Grahasarana Tbk. 0.237 0.491 127. GGRM Gudang Garam Tbk. 0.519 0.679 128. GIAA Garuda Indonesia (Persero) Tbk. 0.168 0.445 129. GJTL Gajah Tunggal Tbk. 1.177 1.118 130. GMCW Grahamas Citrawisata Tbk. 0.033 0.355 131. GOLD Golden Retailindo Tbk. 0.566 0.711 132. GPRA Perdana Gapuraprima Tbk. 1.816 1.544 133. GREN Evergreen Invesco Tbk. 0.882 0.921 134. GSMF Equity Development Investment Tbk. 0.651 0.768 135. GZCO Gozco Plantations Tbk. 0.816 0.877 136. HADE HD Capital Tbk. 0.038 0.359 137. HDFA HD Finance Tbk. 0.258 0.505 138. HERO Hero Supermarket Tbk. 1.560 1.374 139. HEXA Hexindo Adiperkasa Tbk. 1.198 1.132 140. HMSP H.M. Sampoerna Tbk. 0.836 0.890 141. HOME Hotel Mandarine Regency Tbk. 0.885 0.923 142. IATA Indonesia Air Transport Tbk. 2.246 1.831 143. ICBP Indofood CBP Sukses Makmur Tbk. 0.744 0.830 144. IGAR Champion Pacific Indonesia Tbk. 1.243 1.162 145. IIKP Inti Agri Resources Tbk. 0.373 0.582 146. IKAI Intikeramik Alamasri Industri Tbk. 0.502 0.668 147. IKBI Sumi Indo Kabel Tbk. 0.482 0.655 148. IMAS Indomobil Sukses Internasional Tbk. 1.631 1.420 149. INAF Indofarma Tbk. 1.076 1.051 150. INAI Indal Aluminium Industry Tbk. 0.316 0.544 151. INCI Intanwijaya Internasional Tbk. 0.626 0.751 152. INCO Vale Indonesia Tbk. 0.891 0.928 153. INDF Indofood Sukses Makmur Tbk. 0.870 0.913 154. INDR Indo-Rama Synthetics Tbk. 0.903 0.936 155. INDS Indospring Tbk. 0.975 0.984 156. INDX Tanah Laut Tbk. 0.760 0.840 157. INDY Indika Energy Tbk. 0.244 0.496 158. INKP Indah Kiat Pulp & Paper Tbk. 1.359 1.239 159. INTA Intraco Penta Tbk. 1.047 1.032 160. INTP Indocement Tunggal Prakasa Tbk. 1.009 1.006 Page 4 of 11

161. INVS Inovisi Infracom Tbk. 0.127 0.418 162. IPOL Indopoly Swakarsa Industry Tbk. 0.497 0.664 163. ISAT Indosat Tbk. 1.012 1.008 164. JAWA Jaya Agra Wattie Tbk. 0.763 0.842 165. JECC Jembo Cable Company Tbk. 0.069 0.380 166. JIHD Jakarta International Hotels & Development Tbk. 2.482 1.988 167. JKON Jaya Konstruksi Manggala Pratama Tbk. 0.748 0.832 168. JKSW Jakarta Kyoei Steel Works Tbk. 0.002 0.334 169. JPFA Japfa Comfeed Indonesia Tbk. 1.225 1.150 170. JPRS Jaya Pari Steel Tbk. 1.376 1.250 171. JSMR Jasa Marga (Persero) Tbk. 0.648 0.765 172. JTPE Jasuindo Tiga Perkasa Tbk. 0.327 0.552 173. KAEF Kimia Farma Tbk. 2.248 1.832 174. KARW ICTSI Jasa Prima Tbk. 0.813 0.875 175. KBLI KMI Wire & Cable Tbk. 0.940 0.960 176. KBLM Kabelindo Murni Tbk. 0.254 0.502 177. KBLV First Media Tbk. 0.869 0.912 178. KBRI Kertas Basuki Rachmat Indonesia Tbk. 0.435 0.623 179. KDSI Kedawung Setia Industrial Tbk. 1.482 1.321 180. KIAS Keramika Indonesia Assosiasi Tbk. 0.851 0.901 181. KICI Kedaung Indah Can Tbk. 0.519 0.679 182. KKGI Resource Alam Indonesia Tbk. 0.640 0.760 183. KLBF Kalbe Farma Tbk. 1.009 1.006 184. KOIN Kokoh Inti Arebama Tbk. 1.024 1.016 185. KONI Perdana Bangun Pusaka Tbk. 0.409 0.606 186. KPIG MNC Land Tbk. 1.236 1.157 187. KRAS Krakatau Steel (Persero) Tbk. 0.546 0.697 188. KREN Kresna Graha Sekurindo Tbk. 0.677 0.785 189. LAMI Lamicitra Nusantara Tbk. 0.602 0.735 190. LAPD Leyand International Tbk. 0.574 0.716 191. LCGP Laguna Cipta Griya Tbk. 0.253 0.502 192. LMAS Limas Centric Indonesia Tbk. 0.155 0.437 193. LMPI Langgeng Makmur Industri Tbk. 0.882 0.921 194. LMSH Lionmesh Prima Tbk. 0.539 0.692 195. LPCK Lippo Cikarang Tbk. 2.508 2.005 196. LPGI Lippo General Insurance Tbk. 2.708 2.138 197. LPIN Multi Prima Sejahtera Tbk. 1.099 1.066 198. LPKR Lippo Karawaci Tbk. 1.437 1.292 199. LPLI Star Pacific Tbk. 1.128 1.085 200. LPPF Matahari Department Store Tbk. 1.676 1.451 Page 5 of 11

201. LPPS Lippo Securities Tbk. 0.798 0.866 202. LTLS Lautan Luas Tbk. 0.368 0.579 203. MAIN Malindo Feedmill Tbk. 1.157 1.104 204. MAMI Mas Murni Indonesia Tbk. 0.049 0.366 205. MAPI Mitra Adiperkasa Tbk. 1.532 1.355 206. MASA Multistrada Arah Sarana Tbk. 0.211 0.474 207. MAYA Bank Mayapada Internasional Tbk. 0.330 0.553 208. MBSS Mitrabahtera Segara Sejati Tbk. 0.653 0.769 209. MBTO Martina Berto Tbk. 0.764 0.843 210. MCOR Bank Windu Kentjana International Tbk. 0.619 0.746 211. MDLN Modernland Realty Ltd. Tbk. 0.964 0.976 212. MDRN Modern Internasional Tbk. 0.463 0.642 213. MEDC Medco Energi International Tbk. 0.371 0.581 214. MERK Merck Tbk. 0.425 0.617 215. META Nusantara Infrastructure Tbk. 0.571 0.714 216. MFIN Mandala Multifinance Tbk. 0.754 0.836 217. MFMI Multifiling Mitra Indonesia Tbk. 0.761 0.841 218. MICE Multi Indocitra Tbk. 1.632 1.421 219. MIDI Midi Utama Indonesia Tbk. 0.603 0.735 220. MIRA Mitra International Resources Tbk. 0.356 0.570 221. MITI Mitra Investindo Tbk. 1.782 1.522 222. MKPI Metropolitan Kentjana Tbk. 0.336 0.557 223. MLBI Multi Bintang Indonesia Tbk. 0.719 0.812 224. MLIA Mulia Industrindo Tbk. 0.845 0.897 225. MLPL Multipolar Tbk. 0.906 0.937 226. MNCN Media Nusantara Citra Tbk. 0.936 0.957 227. MPPA Matahari Putra Prima Tbk. 0.906 0.938 228. MRAT Mustika Ratu Tbk. 0.937 0.958 229. MTDL Metrodata Electronics Tbk. 1.784 1.523 230. MTLA Metropolitan Land Tbk. 1.455 1.303 231. MYOH Samindo Resources Tbk. 1.706 1.471 232. MYOR Mayora Indah Tbk. 2.041 1.694 233. NIKL Pelat Timah Nusantara Tbk. 0.991 0.994 234. NIPS Nipress Tbk. 1.191 1.128 235. OCAP Onix Capital Tbk. 0.035 0.356 236. OKAS Ancora Indonesia Resources Tbk. 0.897 0.931 237. OMRE Indonesia Prima Property Tbk. 0.037 0.358 238. PANR Panorama Sentrawisata Tbk. 0.708 0.806 239. PBRX Pan Brothers Tbk. 0.889 0.926 240. PDES Destinasi Tirta Nusantara Tbk. 0.514 0.676 Page 6 of 11

241. PEGE Panca Global Securities Tbk. 0.293 0.529 242. PGAS Perusahaan Gas Negara (Persero) Tbk. 0.861 0.908 243. PGLI Pembangunan Graha Lestari Indah Tbk. 0.021 0.347 244. PICO Pelangi Indah Canindo Tbk. 0.583 0.722 245. PJAA Pembangunan Jaya Ancol Tbk. 1.802 1.535 246. PKPK Perdana Karya Perkasa Tbk. 1.690 1.460 247. PLIN Plaza Indonesia Realty Tbk. 0.964 0.976 248. PNBN Bank Pan Indonesia Tbk. 1.297 1.198 249. PNIN Panin Insurance Tbk. 1.421 1.281 250. PNLF Panin Financial Tbk. 2.052 1.702 251. PNSE Pudjiadi & Sons Tbk. 1.245 1.163 252. POOL Pool Advista Indonesia Tbk. 1.213 1.142 253. PRAS Prima Alloy Steel Universal Tbk. 2.616 2.077 254. PSAB J Resources Asia Pasifik Tbk. 1.079 1.053 255. PSDN Prasidha Aneka Niaga Tbk. 0.482 0.655 256. PTBA Tambang Batubara Bukit Asam (Persero) Tbk. 0.505 0.670 257. PTPP PP (Persero) Tbk. 2.002 1.668 258. PTRO Petrosea Tbk. 1.088 1.059 259. PTSN Sat Nusapersada Tbk. 0.786 0.857 260. PTSP Pioneerindo Gourmet International Tbk. 0.643 0.762 261. PUDP Pudjiadi Prestige Tbk. 1.002 1.002 262. PWON Pakuwon Jati Tbk. 1.991 1.661 263. PYFA Pyridam Farma Tbk. 0.910 0.940 264. RAJA Rukun Raharja Tbk. 1.655 1.437 265. RALS Ramayana Lestari Sentosa Tbk. 1.777 1.518 266. RBMS Ristia Bintang Mahkotasejati Tbk. 1.059 1.039 267. RELI Reliance Securities Tbk. 0.867 0.911 268. RICY Ricky Putra Globalindo Tbk. 0.727 0.818 269. RIGS Rig Tenders Indonesia Tbk. 0.762 0.841 270. RMBA Bentoel Internasional Investama Tbk. 0.636 0.757 271. RODA Pikko Land Development Tbk. 0.644 0.763 272. ROTI Nippon Indosari Corpindo Tbk. 1.117 1.078 273. RUIS Radiant Utama Interinsco Tbk. 1.168 1.112 274. SCCO Supreme Cable Manufacturing & Commerce Tbk. 3.568 2.712 275. SCMA Surya Citra Media Tbk. 0.654 0.770 276. SDMU Sidomulyo Selaras Tbk. 0.078 0.385 277. SDPC Millennium Pharmacon International Tbk. 0.919 0.946 278. SDRA Bank Himpunan Saudara 1906 Tbk. 0.664 0.776 279. SGRO Sampoerna Agro Tbk. 0.285 0.523 280. SHID Hotel Sahid Jaya International Tbk. 0.567 0.711 Page 7 of 11

281. SIAP Sekawan Intipratama Tbk. 0.410 0.607 282. SKYB Skybee Tbk. 0.204 0.469 283. SMAR Smart Tbk. 0.263 0.509 284. SMCB Holcim Indonesia Tbk. 1.721 1.481 285. SMDM Suryamas Dutamakmur Tbk. 0.758 0.839 286. SMDR Samudera Indonesia Tbk. 0.590 0.727 287. SMGR Semen Indonesia (Persero) Tbk. 1.442 1.294 288. SMMA Sinarmas Multiartha Tbk. 2.873 2.248 289. SMMT Golden Eagle Energy Tbk. 0.511 0.674 290. SMRA Summarecon Agung Tbk. 2.149 1.766 291. SMSM Selamat Sempurna Tbk. 0.443 0.629 292. SOBI Sorini Agro Asia Corporindo Tbk. 0.504 0.669 293. SPMA Suparma Tbk. 1.149 1.099 294. SQBI Taisho Pharmaceutical Indonesia Tbk. 0.132 0.422 295. SQMI Renuka Coalindo Tbk. 2.990 2.326 296. SRSN Indo Acidatama Tbk. 0.305 0.537 297. SSIA Surya Semesta Internusa Tbk. 2.299 1.866 298. SSTM Sunson Textile Manufacture Tbk. 1.128 1.085 299. STAR Star Petrochem Tbk. 0.604 0.736 300. STTP Siantar Top Tbk. 0.624 0.749 301. TBIG Tower Bersama Infrastructure Tbk. 0.431 0.621 302. TBLA Tunas Baru Lampung Tbk. 0.375 0.583 303. TBMS Tembaga Mulia Semanan Tbk. 0.041 0.361 304. TCID Mandom Indonesia Tbk. 0.203 0.469 305. TGKA Tigaraksa Satria Tbk. 0.412 0.608 306. TIFA Tifa Finance Tbk. 0.233 0.489 307. TINS Timah (Persero) Tbk. 0.884 0.923 308. TIRA Tira Austenite Tbk. 0.040 0.360 309. TIRT Tirta Mahakam Resources Tbk. 0.969 0.979 310. TKGA Permata Prima Sakti Tbk. 1.599 1.399 311. TKIM Pabrik Kertas Tjiwi Kimia Tbk. 0.862 0.908 312. TLKM Telekomunikasi Indonesia (Persero) Tbk. 0.823 0.882 313. TMAS Pelayaran Tempuran Emas Tbk. 2.083 1.722 314. TMPI AGIS Tbk. 0.474 0.649 315. TMPO Tempo Intimedia Tbk. 1.079 1.053 316. TOTL Total Bangun Persada Tbk. 2.042 1.695 317. TOTO Surya Toto Indonesia Tbk. 1.331 1.221 318. TOWR Sarana Menara Nusantara Tbk. 0.396 0.597 319. TPIA Chandra Asri Petrochemical Tbk. 0.802 0.868 320. TRIM Trimegah Securities Tbk. 1.166 1.110 Page 8 of 11

321. TRIO Trikomsel Oke Tbk. 1.183 1.122 322. TRST Trias Sentosa Tbk. 1.258 1.172 323. TSPC Tempo Scan Pacific Tbk. 0.824 0.883 324. TURI Tunas Ridean Tbk. 1.325 1.217 325. ULTJ Ultra Jaya Milk Industry & Trading Company, Tbk. 1.649 1.433 326. UNIC Unggul Indah Cahaya Tbk. 0.503 0.669 327. UNIT Nusantara Inti Corpora Tbk. 0.147 0.431 328. UNSP Bakrie Sumatra Plantations Tbk. 1.068 1.045 329. UNTR United Tractors Tbk. 0.983 0.989 330. UNTX Unitex Tbk. 0.019 0.346 331. UNVR Unilever Indonesia Tbk. 1.623 1.416 332. VOKS Voksel Electric Tbk. 0.728 0.819 333. VRNA Verena Multi Finance Tbk. 1.500 1.333 334. WAPO Wahana Pronatural Tbk. 0.791 0.861 335. WEHA Panorama Transportasi Tbk. 0.311 0.541 336. WICO Wicaksana Overseas International Tbk. 0.050 0.367 337. WIKA Wijaya Karya (Persero) Tbk. 1.858 1.572 338. WINS Wintermar Offshore Marine Tbk. 0.799 0.866 339. WOMF Wahana Ottomitra Multiartha Tbk. 0.731 0.821 340. YPAS Yanaprima Hastapersada Tbk. 0.226 0.484 341. YULE Yulie Sekurindo Tbk. 0.064 0.376 Page 9 of 11

Criteria and Calculation Methodology of PEFINDO Beta Stock PEFINDO Beta Stock report was created for the purpose of providing additional information to capital market participants. For investors who use fundamental approach, PEFINDO Beta Stock report can be used as one of the source in calculating the fair value of stocks according to the definitions of Capital Asset Pricing Model (CAPM). For those who use technical approach, information on the PEFINDO Beta Stock report may provide additional information of stocks systematic risk compared with the Jakarta Composite Index (JCI). The value of Beta in the PEFINDO Beta Stock report is determined by the following criterias and methodologies: 1. The stock has been listed and traded on the Indonesia Stock Exchange for at least 36 months. 2. The stock is not being suspended for the last 10 days. 3. The value of Raw Beta is not negative. 4. The value of Adjusted Beta is not greater than 3. 5. The interval observation is based the time series data over the last 3 years with a rolling return over the last 4 weeks on each Wednesday. 6. Steps on calculating the PEFINDO Beta Stock : 1. First is to calculate the rate of return on each stock and the market index every Wednesday, with 4 weeks of intervals. The formula for computing the rate of return is: Where: Rit = return of stock i or market index at t period. Pit = stock price of i or market index at t period. Pit-1 = stock price of i or market index at t-1 period. 2. Perform a regression between stock price returns and market index returns for the period of 3 years, to measure the value of Raw Beta with the formula as follows: Where: β_i is a Raw Beta for stock i. Rit is a return of stock i at period t. R_mt is a return of market index at period t. α_i is constanta. e_it is residual reggresion that expected to be white noise (mean of error is zero). 3. Calculate the Adjusted Beta to normalize the Raw Beta, in order to obtain a good characteristic of beta, which is closer to 1. The formula is as follows: Page 10 of 11

DISCLAIMER The PEFINDO Beta Saham report issued by PEFINDO is not a recommendation to buy, sell or hold a particular stock, and cannot be considered as an investment advice of PEFINDO. Investors should obtain other comprehensive and adequate information to make investment decisions. PEFINDO is not responsible for any errors or omissions arising from the use of this PEFINDO Beta Saham report. This report is not intended for particular investor and cannot be used as part of investment objective on particular shares and neither an investment recommendation on a particular stock and / or an investment strategy. Before taking action on the results of this report, investors are advised to first consider the suitable situation and condition. If needed, ask for help from a financial advisor. The entire process of calculating PEFINDO Beta Saham is free from human intervention and influence and / or coercion from other parties. The entire calculation process of PEFINDO Beta Saham is done through a computer application that automatically calculates the value of stocks beta, based on the stock transaction data submitted by Indonesia Stock Exchange. PEFINDO Beta Saham report is published on our website (www.pefindo.com). Page 11 of 11