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EXHIBIT 10.45
[LETTERHEAD OF BANK EXIM]
AMENDMENT OF BANK GUARANTEES
Numbers **6/****-**/*/** through **9/****-**/*/**
CURRENCY :UNITED STATES DOLLARS
AMOUNT :US$ 25,000,000 EACH (US DOLLARS
TWENTY FIVE MILLION EACH)
ISSUED AT :JAKARTA, INDONESIA
ORIGINAL DATE OF ISSUE :OCTOBER 21, 1998
ORIGINAL DATE OF MATURITY :OCTOBER 21, 2000
EXTENDED MATURITY DATE :OCTOBER 21, 2001
WE, THE UNDERSIGNED, PT BANK EKSPOR IMPOR INDONESIA (PERSERO), PLAZA EXIM, JL.
JEND, GATOT SUBROTO KAV 36-38, JAKARTA 12190, INDONESIA, AND ON INSTRUCTION OF
OUR VALUED CLIENT ****, **** THE BEARER OR HOLDER OF THE ABOVE GUARANTEES. WE
HEREBY IRREVOCABLE, UNCONDITIONAL AND WITHOUT RESERVATION EXTEND THE MATURITY
DATE OF BANK GUARANTEES NUMBER **6/****-**/*/** THROUGH **9/****-**/*/** TO
OCTOBER 21, 2001.
UPON PRESENTATION AND SURRENDER OF THIS BANK GUARANTEES AT THE OFFICE OF PT BANK
EKSPOR IMPOR INDONESIA (PERSERO), PLAZA EXIM, JL. JEND, GATOT SUBROTO
KAV 36-38, JAKARTA 12190, INDONESIA SUCH PAYMENT SHALL BE MADE WITHOUT SET OFF
AND CLEAR OF ANY DEDUCTION OF CHARGES, FEES OR DEDUCTION OR WITHHOLDING OF ANY
NATURE NOW HEREAFTER IMPOSED OR LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE
GOVERNMENT OF REPUBLIC OF INDONESIA, OR ANY POLITICAL SUBDIVISION OR AUTHORITY
THEREOF THEREIN.
THESE GUARANTEES ARE SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR
DOCUMENTARY SECURITIES (1993 REVISION) INTERNATIONAL CHAMBER OF COMMERCE,
PUBLICATION NUMBER ICC 500.
DATE THIS 15TH DAY OF JULY, 1999
FOR AND BEHALF OF
PT BANK EKSPOR IMPOR (PERSERO)
JAKARTA PLAZA EXIM BRANCH
[SEAL]
/s/ **** /s/ ****
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B.43.8 B.64.1