TIME GOES BEHIND THE BALI BOMBING

In this weeks issue :Indonesias problems, tells the realstory of Sabenas collapse, examines West African oil boom andreveals what its like to testify against Slobodan Milosevic

LONDON 21.11.2002 (PROTEXT): - In this weeks issue of TIMEmagazine (on news stands today), TIME turns its attention torecent horrors in Indonesia with a package of featuresinvestigating the transformation in the media, at least - of theregion from a sleepy chain of paradise islands to the latestcentre of global terror.

TIMEs untangles the rhetoric and examines the realities ofthis troubled region. It also investigates the implications forits future stability, and that of the world, as claims andaccusations are fired, CIA plots widely accepted, the Islamiccard is inevitably played and al-Qaeda continues to representthe polarisation of global attitudes towards the West.

Now, more than ever, strong leadership is required, but manyfeel that Megawati Sukarnoputri, the third president since 1999,is not up to the task. Corruption, poverty and lawlessness,along with 40 million unemployed, remain features of a societywhich needed firm guidance long before October 12th 2002, andmany feel let down by their president.

While the U.S. investigates potential links betweenIndonesias homegrown extremists and al-Qaeda, TIME provides adateline of terrorist action leading up to October 12th thatidentifies the Bali bomb as one in a long list of events, ratherthan a shocking one-off bolt from the blue.

TIME also secures a telling interview with Amien Rais,chairman of Indonesias highest legislative body - The PeoplesConsultative Assembly -and a man who wields considerable cloutwithin political parties, who considers recent events A matter oflife and death for the future of this republic.

These special Indonesian reports provide a remarkableportrait of the latest location to be indelibly linked with theburgeoning war on terror.

Also in this weeks issue, TIME looks at the real reasonsBelgian airline Sabena took the plunge, and finds that thedescent may have started long before September 11.

In late 1997, Sabena put in an order for 34 new Airbusplanes, at a price of around $1 billion. But was this the act ofa thriving business with a sound expansion strategy or just thelatest of many bizarre decisions that simply didnt add up, by abusiness with a less than salubrious history?

TIME talks to those involved in a period of bizarre corporatedecisions and discovers that in reality terrorism didnt killSabena corporate misconduct did.

TIME also turns its attentions to Africa and examines thelatest rush for oil in West Africa. The tiny nation ofEquatorial Guinea has struck black gold in a big way, and theU.S. in search of alternative reliable oil suppliers outside ofthe Middle East is very interested.

This is a bonanza that is being repeated across the region,underlined by the experiences of Chad one of the poorestcountries in the world who will soon start pumping more than200,000 barrels a day through a $3.7 billion, 1,070km pipelineAfricas biggest ever infrastructure project.

While some comment on the strategic implications for theregion, and even suspect the building of a U.S. military base toprotect its growing interests, others voice concern about theenormous capital projects destroying precious rainforests.

But perhaps the strongest basis for concern can be found inNigeria, the oil-rich country which many feel has been a victimof that common African malaise corruption - that prevents anywindfall from reaching the people who really need it.

Also in this weeks TIME, Dejan Anastasijevic, TIMEs long-serving correspondent in Belgrade, describes the experience offacing Slobodan Milosevic at the International Criminal Tribunalfor War Crimes in the former Yugoslavia.

Dejans news articles from that period form part of theprosecutions case, but as a print journalist he was nervous atstanding up in front of his countrymen on TV (not to mentionsupporters of Milosevic). In the event, Dejan was surprised tofind that the accused was smaller than he remembered like agrumpy old man.

The international editions of TIME magazine are publishedspecifically for readers outside of the United States. There arefour regional publications covering Europe, the Middle East andAfrica; Asia; the South Pacific and Canada. Each edition offersreaders access to Time Inc.'s global resources with regional,relevant stories. TIME is Europe's leading weekly newsmagazine,with a circulation of 600,090 across EMEA and 315,000 in Asia.Founded in 1923, TIMEs worldwide circulation is more than 5.6million. -ends- For further information please contact: Emma Gilpin International Director of Public Affairs Time & Fortune Group T: ++44 (0)207 322 1193

M: ++44 (0)7802 955243

Email: emma_gilpin@timeinc.com

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