Credit Rating is significant in indicating the potential risk in lending money to a company, or investing on a corporate bond. This furthermore, reflects performance, growth, and the sustainability of a company. Through out 2011, Pertamina has been assessed by S&P, Fitch and Moody’s, which assigned credit rating as follows :

S&P

Rating Type	Rating	Rating Date	Outlook
Foreign Long Term	BB+	09/05/11	Positive
Local Long Term	BB+	09/05/11	Positive

FITCH

Rating Type	Rating	Rating Date	Outlook
PT Pertamina (Persero)	BBB-	15/12/2011	Stable
USD 1B 10Y Global Notes	BBB-	15/12/2011	Stable
USD 500M 30Y Global Notes	BBB-	15/12/2011	Stable

MOODY'S

Rating Type	Rating	Rating Date	Outlook
Corporate Family Rating	Ba1	19/01/2012	Stable
USD 1B 10Y Global Notes	Ba1	18/05/2011	Stable
USD 500M 30Y Global Notes	Ba1	24/05/2011	Stable