ANTAM Continues To Expand Gold Retail Space With The Opening Of Retail Gold Boutique In Surabaya

The opening of the new retail Gold Boutique in Surabaya will expand gold retail sales to ANTAM's customers in East Java, notably Surabaya. Prior to opening of the new gold boutique, ANTAM's customers in Surabaya were only served by one gold counter located in Kebon Rojo Street No. 10. ANTAM's Surabaya Gold Boutique is located in City of Tomorrow (CITO) Mall, Floor 1/FB2/10, General Ahmad Yani Street No. 288, Kali Rungkut, Surabaya.

Following the opening of the Surabaya Gold Boutique, ANTAM will also open gold boutiques in Makassar and Palembang in 2013. In 2014, ANTAM plans to expand a further 5 to 10 additional LM Gold Boutiques throughout Indonesia, subject to market expectations.

One of the key strategies undertaken by management is to expand the gold retail space through the opening of new retail Gold Boutiques. The opening of the Gold Boutiques will provide an easier, safer and more comfortable access to ANTAM's customers.