PRESS DIGEST-Indonesian Business News - Oct. 2

Following are the leading business stories in the main Indonesian newspapers on Oct. 2. Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

- - - -

JAKARTA POST

- PERTAMINA EXPECTS LOWER MARGINS TO HIT NET PROFIT

State-owned oil and gas firm, PT Pertamina, expects 2008 net profit to drop 18 percent to 17 trillion rupiah ($1.87 billion) on the back of the lower margin it will received from the distribution of state subsidised fuels, its finance director said.

- PLN TO PUT SUMATRA, JAVA POWER GRID PROJECTS OUT TO TENDER

State-owned electricity company PT Perusahaan Listrik Negara (PLN) plans to invite bids early next year for the development of the Sumatra and Java power transmission networks, a company executive said.

- - - -

INVESTOR DAILY