Good Corporate Governance is an important cornerstone of the Company’s overall business approach. We have always made every effort to conduct our business responsibly in order to deliver sustainable benefits to all our shareholders and stakeholders. In relation to this, we are fully committed to complying with the highest standards of corporate governance.
 

As a public company dual-listed on the Indonesia Stock Exchange (IDX) and New York Stock Exchange (NYSE), we adhere strictly to regulations stipulated by the capital market authorities in both Indonesia and the United States. In 2008, our efforts were rewarded with a clean record, free of any material warnings from either of the capital market authorities or any of our shareholders.
 

The year 2008 also marked the third year that Indosat has sucessfully complied with the 404 Sarbanes Oxley Act (SOX). This achievement was reflected in the opinion released by the independent auditor in our 2008 Annual Report on Form 20-F filed with the United States-Securities and Exchange Commission (US-SEC), confirming that the Company had implemented effective internal control over our financial reporting system in 2008.
 

In our operations, we have always been guided firmly by principles of good corporate governance set out by Indonesia’s National Committee on Governance Policy.  At the same time, we strive to keep apace with best practices developed by other global companies.
 

Indosat’s corporate governance rests on five key pillars, namely Transparency, Accountability, Responsibility, Independence and Fairness, as set out in the Company’s Corporate Governance framework presented below: