We hereby notify that Securities Rating Company, PT Pemeringkat Efek Indonesia (PEFINDO) on July 6th, 2020 has modified its Rating for PT Waskita Karya (Persero) Tbk fromidA-” with Negative Outlook to Negative toidBBB+” with Negative Outlook to with Negative Outlook to “idBBB+” with Negative Outlook. Also, modified its Rating for Shelf Registration Bonds I Phase II B Series 2015, Shelf Registration Bonds II Phase II 2016, and Shelf Registration Bonds II Phase III B Series 2017 from “idA-” to “idBBB+”.idA-toidBBB+”.

Thus we notify in order to comply to Bapepam & LK regulation number IX.C.11 regarding Debt Securities Ratings

Jakarta, July 8th, 2020

PT Waskita Karya (Persero) Tbk

Board of Director