Dear All AFA Council members,

As agreed at The 86th AFA Council Meeting in Putrajaya, AFA will have Roundtable discussion on SME simultaneously with the IASB & Regional Standard Setter Meeting.

Please find attached the schedule for AFA Roundtable discussion on SME at the Borobudur Hotel, Jakarta on May 30, 2006 for your information and further action. Please complete the attached registration form and kindly forwards your completed form to me or to The Indonesian Institute of Accountants (MIA) Attn: Ms. Aida, Telephone +62 – 21 31904232 Ext.: 114, Fax : +62 – 21 7245078 or E-mail : iai-info@iaiglobal.or.id , within April 13, 2006.

The Indonesian Accounting Standards Board will host the IASB and Regional Standard-Setters Meeting on 1st June 2006. Before the meeting, on 31st May 2006 The Indonesian Accounting Standards Board will organize a seminar on "IFRS Implementation: Experience from Around the World".

All AFA Council Members has been invited by The Indonesian Accounting Standards Board to participate at the events. It would be an honor if AFA Council Member would be able to join the seminar.

The support agenda item for The International Seminar and The IASB and Regional Standard Setters Meeting have been attached for your consideration.

If you have any enquiries regarding this matter, please feel free to contact me.

Regards,

Elly