Management

Directors

	Stephen K Sulistyo (Non-Executive Chairman) Mr Sulistyo (Age 46) is a nominee of major shareholder PT Rajawali Corpora. Mr Sulistyo is currently Managing Director Business Development, PT Rajawali Corpora.
	Marcus Engelbrecht (Managing Director and Chief Executive Officer) Mr Engelbrecht was appointed Managing Director and Chief Executive Officer of Archipelago Resources in August 2011. He is a mining executive who has had considerable experience in the resources industry. Prior to joining Archipelago, Mr Engelbrecht was the Chief Financial Officer of OceanaGold Corporation, an Australian based mid-tier gold miner. Previously, he had nearly 20 years’ experience with BHPBilliton, where he held the position of Chief Financial Officer of their Diamonds and Specialty Products group, based in Melbourne, Australia.
	Graeme R Duncan (Non-Executive Director) B.E.Hons (Mining), M.A.(Mining) Mr Duncan (Age 55) is a consultant mining engineer and Executive Director of Tasman Mining Pty Limited, an Australian based group with extensive experience in international and South East Asian coal operations.
	Eddy P Porwanto (Deputy CEO and President Director of Indonesian operating subsidiaries PT MSM and PT TTN) Mr Porwanto (Age 42) is a nominee of major shareholder PT Rajawali Corpora. Previously Mr Porwanto was the CFO of Garuda Airlines responsible amongst other things for the financing of that Company's aviation fleet and also CFO of General Motors Indonesia.
	Jeremy W Ayre (Non-Executive Director) Mr Ayre (Age 45) is a nominee of major shareholder Baker Steel. Jeremy is a mining engineer with more than twenty five years experience in both technical and financial aspects of the industry. His career included work as a professional engineer, a corporate executive with Rio Tinto and an investment banker with Paribas. In 2000, Jeremy co-founded AWR Lloyd, a specialist corporate finance firm providing advisory services to the energy, mining and metals sectors in the Asia-Pacific region. Since 2008, he has worked with Baker Steel to launch and develop a private equity mining fund which culminated in the listing of the Baker Steel Resources Trust mid last year. Jeremy is also a director of Genus Gold Fund, Genus Natural Resources Fund and Baker Steel Capital Managers Limited.
Directors & Commissioners of 95% owned subsidiary companies:- PT Meares Soputan Mining PT Tambang Tondano Nusajaya Bambang Setiawan (President Commissioner) Stephen Sulistyo (President Commissioner) Bambang Setiawan (President Commissioner) Hendra Surya (Commissioner) Dr Bert Supit (Commissioner) Eddy Porwanto (President Director) Terkelin Purba (Director) Dave Morrison (Director)