Article: BRIEFING - ASIA BANKING - JULY 23, 2009.

An executive briefing on banking for July 23, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

INDONESIA'S BANK MANDIRI TO LEAD US$275 MLN SYNDICATED LOAN FOR PGN

JAKARTA - Indonesia's largest lender in assets, PT Bank Mandiri (JSX:BMRI), will lead a syndicate to provide a US$275 million credit for state gas distributor PT Perusahaan Gas Negara (PGN) (JSX:PGAS).

The Singapore branch of Bank Mandiri and a number of other banks will become original mandated lead arrangers, Thomas Arifin,a director of the state bank said.

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