PT Agis Tbk through its subsidiary PT Agis Electronic ("AE") signed a CSPA (Conditional Share Sale and Purchase Agreement) to acquire 30% stake in a Singapore based trading company ("Comstar"). Comstar engages in trading and distribution of international branded mobile phones that covers the Asia Pacific region including Indonesia.

After the execution of the signed CSPA (closing), AE will be granted the option to acquire additional 21% stake and management of Comstar through a Call Option Agreement and Management Agreement that was signed on 11th June 2008.