BaliTeakFarms and TreeVestors

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BALITEAKFARMS NEWS 21 May 2008

PRESS RELEASE
FOR CIRCULATION AND IMMEDIATE RELEASE IN OCCASION OF
THE INDONESIA INVESTMENT CONFERENCE, 21-22 MAY 2008 – THE WESTIN RESORT, NUSA DUA, BALI

LOS ANGELES-BALI, May 21, 2008

“CARBON CREDITS GENERATION THROUGH SUSTAINABLE FORESTRY IN INDONESIA –BALITEAKFARMS AND TREEVESTORS, INC. AGREEMENT”


“BaliTeakFarms and TreeVestors have signed on May 19, 2008 a milestone agreement for the development of carbon credits generation through sustainable forestry projects in Indonesia, and other countries” said Sayu Made Putri, Director of BaliTeakFarms, at the annual Euromoney Indonesia Investment Conference, the largest event of this type for Indonesia, featuring his Muhammad Lutfi, Chairman of the Investment Coordinating Board of the Republic of Indonesia, the Minister of Finance, the CFO of HSBC Indonesia, Mr. Vikram Nehru of the World Bank, and other key public and business figures for the Southeast Asia region.

BTF is a Bali based forestry management company. BTF’s main activity is the planting and management, on its own account and for third parties, of sustainable bio dynamic tree farms in Indonesia. BTF is currently working with SmartWood Indonesia, also now based in Bali, to achieve FSC certification of its projects, leading many other local small independent tree farmers,with it as well.

BTF is active as plantation manager and joint venture partner with landowners throughout Bali and Indonesia. BTF has secured locations for commencing by the fall of 2008, a 1,000 hectares mixed-species sustainable forestry pilot project – optimal for voluntary certification requirements, generating tradable voluntary carbon credits, in addition to representing a stand-alone investment in sustainable tree farming. TreeVestors are actively submitting investment participations in this pilot project, as well in other existing BTF projects, to their corporate and institutional investors in the USA.

BTF is also represented by P&A International Consulting, with offices in Europe and the USA, for sourcing and managing carbon credits generating projects for European and international investors, including international carbon investment and funds, also with the association with Bianconi Consulting, one of the top European advisors for carbon credit generating projects.

BTF's plans include blending sustainable tree farming with the eco-tourism model, developing eco-lodges on its tree farms. BTF promotes environmentally and culture conscious tourist development of Balinese rural areas, working with the local communities for promoting traditional Balinese heritage lifestyle.

For further information, please contact:
In Bali, Indonesia
Ms. Sayu Made Putri, Director
PT Bali Kayu Jati

www.baliteakfarms.com
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