Moody’s withdraws Radiant’s A3.id ratings

Moody's withdraws Radiant's A3.id ratings

Approximately IDR 100 billion bonds affected

Jakarta, June 30, 2009 -- PT Moody's Indonesia has today withdrawn the 
A3.id national scale issuer and bond ratings of PT Radiant Utama 
Interinsco Tbk. ("Radiant") for business reasons.

This action does not reflect a change in Radiant's creditworthiness.
Refer to www.moodys.com for details on Moody's withdrawal policy.

The last rating action for Radiant was taken on 5 June 2007, when its 
A3.id ratings were assigned for the first time with a stable outlook.

The principal methodology used in rating this issuer was the Rating 
Methodology -- Global Oilfield Services Industry, December 2006, which 
can be found at www.moodys.com in the Research & Ratings directory, in 
the Rating Methodologies subdirectory.

Other methodologies and factors that may have been considered in the 
process of rating this issuer can also be found in the Research & Ratings 
directory.

Radiant, formed in 1984, is part of the Radiant Utama Group of companies. 
As of 31 March 2009, the company was owned by PT Radiant Nusa Investama 
(61.61%), Value Monetization Ltd. (15.58%), Mr Asad Umar Baredwan (2.65%) 
and the public (20.16%).

Through its subsidiaries, PT Supraco Indonesia and PT Radiant Tunas
Interinsco, Radiant mainly provides operational support, non-destructive
testing (NDT), inspection and certification, operation & maintenance as 
well as offshore services to the oil & gas sector.