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(Incorporated with limited liability under the laws of Bermuda) Website: http://www.firstpacific.com

(Stock Code: 00142) ANNOUNCEMENT MADE BY PT INDOFOOD SUKSES MAKMUR TBK IN RELATION TO ITS UNAUDITED INTERIM CONSOLIDATED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

This Announcement is made by First Pacific Company Limited ("First Pacific" or the "Company") pursuant to the requirements of Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("HKEX") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) to provide shareholders of First Pacific and the public with the unaudited interim consolidated financial results of PT Indofood Sukses Makmur Tbk ("Indofood"), a subsidiary of the Company, for the six months ended 30 June 2014.

Summary

The board of directors of Indofood approved the release of the unaudited interim consolidated financial results for the six months ended 30 June 2014, which have been submitted to the Indonesia Stock Exchange, and have also been disclosed as the Company's Overseas Regulatory Announcement on the websites of the HKEX and the Company.

Indofood, a 50.1% owned subsidiary of the Company, is a company incorporated in Indonesia whose shares are listed on the Indonesia Stock Exchange. The board of directors of Indofood approved the release of the unaudited interim consolidated financial results for the six months ended 30 June 2014, which have been submitted to the Indonesia Stock Exchange, and have also been disclosed as the Company's Overseas Regulatory Announcement on the websites of the HKEX and the Company. The unaudited interim consolidated financial statements have been prepared in conformity with the generally accepted accounting principles in Indonesia and are presented in Indonesian Rupiah. Indofood's unaudited Interim Consolidated Statement of Comprehensive Income for the six months ended 30 June 2014 and 30 June 2013, as well as unaudited Interim Consolidated Statement of Financial Position as at 30 June
2014 and audited Consolidated Statement of Financial Position as at 31 December 2013 are provided below:
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PT INDOFOOD SUKSES MAKMUR TBK AND SUBSIDIARIES INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED 30 JUNE 2014 (UNAUDITED) AND 2013 (RESTATED AND UNAUDITED)

(Expressed in Millions of Rupiah, Unless Otherwise Stated)

2014 2013 (as restated) Rp Rp NET SALES 34,066,065 26,932,942


COST OF GOODS SOLD 24,704,688 20,468,666


GROSS PROFIT 9,361,377 6,464,276

Selling and distribution expenses (3,063,181) (2,233,930) General and administrative expenses (2,043,422) (1,468,169) Other operating income 316,025 349,927

Other operating expenses (179,713) (184,274)

INCOME FROM OPERATIONS 4,391,086 2,927,830

Finance income 507,789 265,093
Finance expenses (825,131) (598,328)

Share in net income (loss) of associates (73,888) 99,235

INCOME BEFORE INCOME TAX EXPENSE 3,999,856 2,693,830



Income Tax Expense - Net (1,014,457) (624,995)

INCOME FOR THE PERIOD BEFORE


PRO FORMA ADJUSTMENT 2,985,399 2,068,835



Pro Forma Adjustment - (1,108)

INCOME FOR THE PERIOD 2,985,399 2,067,727 Other comprehensive income:

Unrealized gains (losses) on available-for-sale
financial assets (23,704) 29,202
Exchange differences on translation of
financial statements (247,763) 183,882

Fair value gain arising from cash flow hedges 1,710 -

Other comprehensive income (loss) (269,757) 213,084 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 2,715,6422,280,811


Income for the period attributable to:

Equity holders of the parent entity 2,289,204 1,703,372

Non-controlling interests 696,195 364,355

Total 2,985,399 2,067,727 Total comprehensive income for the period attributable to:

Equity holders of the parent entity 1,995,792 1,901,732

Non-controlling interests 719,850 379,079

Total 2,715,642 2,280,811 BASIC EARNINGS PER SHARE ATTRIBUTABLE TO EQUITY HOLDERS


OF THE PARENT ENTITY (full amount) 261194

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PT INDOFOOD SUKSES MAKMUR TBK AND SUBSIDIARIES INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2014 (UNAUDITED) AND 31 DECEMBER 2013 (AUDITED)

(Expressed in Millions of Rupiah, Unless Otherwise Stated)

30 June 31 December 2014 2013 Rp Rp

ASSETS

CURRENT ASSETS

Cash and cash equivalents 14,346,508 13,666,194
Time deposits 6,049,852 3,398,300
Short-term investments 669,128 692,832
Accounts receivable
Trade
Third parties - net 4,335,192 4,053,300
Related parties 546,581 375,733
Non-trade
Third parties 408,126 322,114
Related parties 268,953 208,269
Inventories - net 10,121,783 8,160,539
Advances and deposits 751,908 884,410
Prepaid taxes 417,994 203,619
Future crop expenditures 172,562 143,896

Prepaid expenses and other current assets 500,253 355,291

Total Current Assets 38,588,840 32,464,497 NON-CURRENT ASSETS

Claims for tax refund 471,143 565,241
Plasma receivables - net 612,188 632,661
Deferred tax assets - net 1,399,983 1,249,370
Long-term investments 1,882,860 1,573,095
Plantations
Mature plantations - net 5,000,080 4,742,845
Immature plantations 2,919,574 2,847,525
Industrial timber plantations - net 272,950 269,020
Fixed assets - net 24,244,877 23,027,913
Deferred charges - net 608,507 529,943
Goodwill - net 3,970,420 3,970,420
Intangible assets - net 2,783,093 1,931,957
Long-term prepayments 1,401,066 1,280,156
Advances for stock subscription in associate - 259,700

Other non-current assets 2,096,766 2,748,446

Total Non-current Assets 47,663,507 45,628,292 TOTAL ASSETS 86,252,347 78,092,789



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PT INDOFOOD SUKSES MAKMUR TBK AND SUBSIDIARIES INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 JUNE 2014 (UNAUDITED) AND 31 DECEMBER 2013 (AUDITED)

(Expressed in Millions of Rupiah, Unless Otherwise Stated)

30 June

2014

Rp

31 December

2013

Rp

LIABILITIES AND EQUITY

LIABILITIES

CURRENT LIABILITIES

Short-term bank loans and overdraft

6,284,250

4,625,586

Trust receipts payable

Trade payables

Third parties

4,674,830

4,210,389

4,103,558

3,400,715

Related parties

545,214

277,135

Other payables - third parties

1,403,846

1,172,720

Dividend payables

1,628,525

-

Accrued expenses

1,564,975

1,513,147

Short-term employee benefits liability

931,155

770,224

Taxes payable

Current maturities of long-term debts

Bank loans

603,568

1,013,170

305,536

954,935

Bonds payable

729,108

2,336,642

Liability for purchases of fixed assets

10,437

11,111

Total Current Liabilities

23,599,467

19,471,309

NON-CURRENT LIABILITIES

Long-term debts - net of current maturities

Bank loans

14,003,478

13,294,577

Bonds payable and Sukuk Ijarah payables

3,983,586

1,993,227

Liability for purchases of fixed assets

34,124

36,511

Total long-term debts

18,021,188

15,324,315

Deferred tax liabilities - net

Advances for stock subscription from non-controlling interests

1,305,850

19,600

1,278,384

213,150

Due to related parties

511,777

515,443

Liabilities for employee benefits

3,055,716

2,729,970

Estimated liabilities for assets dismantling costs

29,603

50,923

Other long-term payables

92,749

136,166

Total Non-current Liabilities

23,036,483

20,248,351

TOTAL LIABILITIES

46,635,950

39,719,660



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PT INDOFOOD SUKSES MAKMUR TBK AND SUBSIDIARIES INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 JUNE 2014 (UNAUDITED) AND 31 DECEMBER 2013 (AUDITED)

(Expressed in Millions of Rupiah, Unless Otherwise Stated)

30 June 31 December 2014 2013 Rp Rp EQUITY Equity Attributable to Equity Holders of the Parent Entity

Capital stock - Rp 100 (full amount) par value per share
Authorized - 30,000,000,000 shares
Issued and fully paid - 8,780,426,500 shares 878,043 878,043
Additional paid-in capital 522,249 522,249
Unrealized gains on available-for-sale financial assets 538,987 554,051
Difference from changes in equity of subsidiaries and
effects of transactions with non-controlling interests 6,582,358 6,579,227
Exchange differences on translation of financial
statements 1,230,764 1,505,767
Retained earnings
Appropriated for general reserve 90,000 85,000

Unappropriated 14,552,544 13,524,258

Sub-total 24,394,945 23,648,595


Non-controlling Interests 15,221,452 14,724,534


TOTAL EQUITY 39,616,397 38,373,129


TOTAL LIABILITIES AND EQUITY 86,252,347 78,092,789

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GENERAL

Shareholders should note that the above unaudited and audited consolidated financial results pertain only to Indofood and not to First Pacific itself.
The above information only refers to certain sections of Indofood's disclosure and shareholders should refer to Indofood's original filing submitted to the Indonesia Stock Exchange (http://www.idx.co.id), as well as disclosed as the Company's Overseas Regulatory Announcement on the websites of the HKEX and the Company.
By Order of the Board

First Pacific Company Limited Nancy L.M. Li

Company Secretary

Hong Kong, 26 July 2014
As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Manuel V. Pangilinan, Managing Director and CEO
Edward A. Tortorici
Robert C. Nicholson

Non-executive Directors:

Anthoni Salim, Chairman
Benny S. Santoso
Tedy Djuhar
Napoleon L. Nazareno

Independent Non-executive Directors:

Graham L. Pickles
Prof. Edward K.Y. Chen, GBS, CBE, JP Margaret Leung Ko May Yee, SBS, JP Philip Fan Yan Hok
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