Tranche Update on PT Steel Pipe Industry of Indonesia Tbk's Equity Buyback Plan announced on August 31, 2015.

From August 31, 2015 to September 30, 2015, the company has repurchased 15,500,700 shares, representing 0.22% for IDR 2,135 million. With this, the company has completed the repurchase of 15,500,700 shares, representing 0.22% for IDR 2,135 million under the buyback announced on August 31, 2015.