Other Release

Bangkok, Thailand - 19 October 2011 - Indorama Ventures Public Company Limited, the world's leading vertically integrated Polyester Value Chain producer, has successfully completed its maiden debenture issue, comprising of three tranches of five, seven and ten years. The Thai Baht bond, rated A+ by Thailand's TRIS rating, was met with such enthusiasm by both institutions and the general public that the Company was able to raise an additional Baht 1.5 billion to the original amount of Baht 6 billion. Investor appetite for longer tenors of seven and ten years outweighed that for five years, reflecting confidence in the long term strength of the Company. The institutional investors that participated in the transaction included asset management companies, life and non-life insurance companies, cooperatives and banks. The response from retail and high net worth investors was particularly strong considering the serious flood conditions in many parts of Thailand. The debenture issue date is 19 October 2011.

Mr. Aloke Lohia, Vice Chairman and Group CEO of Indorama Ventures, said "The tremendous success of this debenture issue, the first by Indorama Ventures, is a great vote of confidence in the Company and our long term expansion plans, our sustainability and our strategy. We will be able to diversify our source of funds and have longer repayment maturity at competitive cost."
The lead arrangers were Bangkok Bank Plc and Standard Chartered Bank (Thai) Plc. The financial adviser was Bualuang Securities Plc.



Richard Jones
Indorama Ventures PCL
+662.661.6661 ext. 680
richard@indorama.net

Naweensuda Krabuanrat
Indorama Ventures PCL
+662.661.6661 ext. 247
naweensuda@indorama.net