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INDOFOOD AGRI RESOURCES LTD • ANNUAL REPORT 2013

DIRECTORS’ REPORT

The directors are pleased to present their report to the members together with the audited consolidated financial statements of Indofood

Agri Resources Ltd. (the "Company") and its subsidiaries (collectively the "Group") and the balance sheet of the Company for the

financial year ended 31 December 2013.

DIRECTORS

The directors of the Company in office at the date of this report are:

Lee Kwong Foo Edward

Chairman

Lim Hock San

Vice Chairman

Mark Julian Wakeford

Chief Executive Officer

Moleonoto Tjang

Suaimi Suriady

Sonny Lianto

Tjhie Tje Fie

Axton Salim

Goh Kian Chee

Hendra Susanto

In accordance with Articles 117 the Company's Articles of Association, Moleonoto Tjang, Lee Kwong Foo Edward, Lim Hock San and

Goh Kian Chee retire and, being eligible, offer themselves for re-election.

ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE SHARES AND DEBENTURES

Neither at the end of nor at any time during the financial year was the Company a party to any arrangement whose objects are, or one

of whose objects is, to enable the directors of the Company to acquire benefits by means of the acquisition of shares or debentures of

the Company or any other body corporate.

DIRECTORS' INTERESTS IN SHARES AND DEBENTURES

The following director, who held office at the end of the financial year had, according to the register of directors' shareholdings required

to be kept under section 164 of the Singapore Companies Act, Cap. 50, an interest in shares and share options of the Company and

related corporations (other than wholly-owned subsidiaries) as stated below:

Direct interest

Deemed interest

Name of director

At the beginning

of the year

At the end

of the year

At the beginning

of the year

At the end

of the year

Ordinary shares of the Company

Mark Julian Wakeford

300,000

200,000

There was no change in any of the above-mentioned interests in the Company between the end of the financial year and 21 January

2014.

Except as disclosed in this report, no director who held office at the end of the financial year had interests in shares, share options,

warrants or debentures of the Company, or of related corporations, either at the beginning of the financial year, or date of appointment

if later, or at the end of the financial year.