INVESTOR PRESENTATION

May 2014

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Content

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PT Modernland Realty Tbk
DESCRIPTION CORPORATE INFORMATION

Incorporation Date 08 August 1983

IPO Date 18 January 1993

Par Value per Total Par Value
Share Capital No of Shares
Share Rp Bill
Series A 6.113.691.376 250 1.528

Series B 6.419.375.946 125 802

Total Shares issued 12.533.067.322 2.331

Per Share Rp Total Rp Bill

Market Capitalisation @ 31 -03-2014 446 5.590

Shareholders Profile @31-03-2014 AA Land Pte. Ltd 28,80%

PT Bumi Perkasa Permai 7,16%

Public (less than 5%) 64,04%

Employees 953 3
Shareholding Structure
AAL BPP PUBLIC

28,80% 7,16% 64,04%

Legend:

AAL AA Land Pte Ltd

BPP PT Bumi Perkasa Permai
PT MODERNLAND REALTY TBK MSS PT Modern Sejahtera Sukses
MSM PT Modern Sejahtera Makmur
MMM PT Mitra Mutiara Makmur
MAH PT Modern Asia hotel
100% 100% 100% 100% 100% 100% MPI PT Modern Panel Indonesia
GSM PT Golden Surya Makmur
MLO MSS MMM GSM MIE MGL
TMP PT Terus Maju Perkasa
MIE PT Modern Industrial Estat
100% 100% 100% 100% 100% 100% NA PT The New Asia Industial Estate
MGL PT Modern Graha Lestari
MLS MSM MAH TMP NA BIP
BIP PT Bagasasi Inti Pratama
PD PT Pertiwi Development
100% 100% 100% BD PT Bekasi Development
MLO Modernland Overseas Pte Ltd
MPI BD PD
MLS Mland Singapore Pte Ltd

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Milestones
 Sale of land to Alam Sutera for Rp 3,400bn over 3 years
 First launch at  First launch at
Modern Park Modern Hill  Sale of land to Aeon for US$ 45 mn

 Started land acquisition for Modern Bekasi

 Acquired 51% shares in Jakarta Garden City

 First launch at  Opening of

Kota Modern Padang Golf  Established joint  Acquired the Novotel Gajah
venture with Keppel Mada Hotel for Rp 130bn
Land Singapore to
develop a 270 ha  Acquired Modern Cikande
township in Cakung, project for Rp 249bn
Jakarta
 Manufacture and sale
of building panels

1983 1989 1992 1993 1994 1995 1996 1997 1998 2005 2008 2010 2012 2013

 Rights Issue of 3.2bn new

shares at Rp 250 per share,
 Listed on the Jakarta Stock Exchange and  Issued 308.4mm  Converted raising Rp 800bn for land
name changed to PT Modernland Realty bonus shares Rp821bn of its CB acquisition and
Tbk into 1.6bn new development of Modern
 Issued stock shares Cikande
dividends of
 Issued Modernland I Bond 157.8mm shares  Issued Modernland II Bond

 PT Modernland Realty  Issued Mandatory  Stock split 1:2  Converted Rp 295bn of  Issued of US$150mn USD Bonds
Ltd was established Convertible Bond its CB into 590mm new
(MCB) at 6% with Pre-  Issued 118.7mm bonus shares  Stock split 1:2
emptive Rights shares
 Signed Billateral Loan US$42,5mn
amounting to Rp
180bn

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PT Modernland Realty Tbk

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Content

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Company Projects
PT MODERNLAND REALTY Tbk

TOWNSHIP RESIDENTIAL INDUSTRIAL TOWN HOSPITALITY AND

DEVELOPMENT DEVELOPMENT DEVELOPMENT COMMERCIAL

MODERN CIKANDE
KOTA MODERN MODERN HILL NOVOTEL GAJAH MADA
INDUSTRIAL ESTATE I & II

MODERN BEKASI MODERN GOLF AND

JAKARTA GARDEN CITY MODERN PARK
INDUSTRIAL PARK COUNTRY CLUB

MODERN BEKASI PURI TERATAI HERITAGE WALK

RESIDENTIAL

PURI MAS

BUKIT CIBADAK INDAH

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Project Location
Modern Cikande Padang Golf Modern Novotel Gajah Mada Modern Bekasi
La rgest i ndustrial 18-hol e golf course 4 s tar hotel located Cl os est industrial
es tate west of des igned by fi ve- i n Ja karta’s es tate to the port
Ja ka rta ti me Bri tish Open Chi na town wi th great
cha mpion Peter opera ted by Accor a ccessibility through
Thompson the pl anned toll
roa d

Kota Modern Modern Hill Jakarta Garden City

Fl a gship township Res idential estate Premi er township
l oca ted i n the wi th a s cenic and a wa rded with the FIABCI
pres tigious a rea hi l ly vi ew with fresh Pri x d’Excel lence a ward
of Ta ngerang Ci ty air (Winner Middle Class
Residential and Runner Up Low
Rise Residential)
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Kota Modern TOWNSHIP DEVELOPMENT

KOTA MODERN

Located in the heart of Tangerang City,

27 Kilometers westward of Jakarta

Few Kilometers away from Soekarno-

Hatta International Airport

Pioneer township development in

Tangerang area

Surrounding township developments

include :
• Alam Sutera
• Lippo Karawaci
• Summarecon Serpong
• BSD City

400 ha licensed area

Facilities available :
• Shopping mall
• Shop houses
• Modern market
• Schools
• Hospital
• Golf and Country Club 10
Jakarta Garden City FIABCI Prix d’Excellence Awards
Runner Up Residential (Low Rise) 2010
FIABCI Indonesia Prix d’Excellence Awards
Winner Middle Class Residential 2009 TOWNSHIP DEVELOPMENT

370 ha residential township development

Located in Cakung, East Jakarta. Planned
for 7000 landed residential properties

Additional area planned to be acquired :

50-100 ha

Selling operation started in 2009

Development expected to last from 10-15

years

Targetting middle to high – end segments

One of the best well-planned residential

township developments in Jakarta

Current facilities include Club House, Shop

houses, School, Modern market

Aeon shopping mall to start construction

soon
Planned Facilities :
• Shopping mall
• Office park
• International School
• Hospital 11
• Recreation area
Modern Bekasi Residential and Industrial Park TOWNSHIP DEVELOPMENT

MODERN BEKASI RESIDENTIAL AND INDUSTRIAL PARK

• Licensed area totalled 1300 ha

• Located beside the planned Cibitung-Cilincing tool road, expected to be completed by 2015
• Alternative access through artery road currently under construction
• About 20 kilometers distance from Tanjung Priok harbour; will be the nearest industrial estate to the main seaport
• Development to start in 2015

Modern Bekasi

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 INDUSTRIAL TOWN DEVELOPMENT

MODERN CIKANDE INDUSTRIAL ESTATE Industries engaged by the companies : Shoes components, leather, automotive
Located in Serang, Banten : components, steel , chemicals, building materials, fiber glass, food processing ,
• 65 kilometers west of Central Jakarta animal feeds, etc
• 50 kilometers from Soekarno Hatta
International Airport
• 75 kilometers to Tanjung Priok Port
• 50 Kilometers from existing 2
international seaports : Ciwadan and
Cigading
• 55 Kilometers from Bojonegara seaport
(that will later become the largest export-
import containers port)

The Biggest industrial estate west of Jakarta

Total Licensed area : 2175 ha
Total area developed : 900 ha
Companies already located : 205
Local : 131
Foreign : 74
Nationalities
Chinese : 11%
Korean : 10%
Japanese : 6%
Others : 73% 13
Modern Hill RESIDENTIAL DEVELOPMENT

MODERN HILL

Located in Pondok Cabe, South of Jakarta

Total licensed area – 60 ha

Scenic and hilly view and clean and fresh air

An 18-hole golf course is just few meters away

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NOVOTEL GAJAH MADA

Located in Jakarta’s China Town

Started operations in December

2012

4-Star hotel with 235 rooms (262

room bay)

Operated by Novotel

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Padang Golf Modern &
Country Club

Established inside Kota Modern,

Padang Golf Modern provides 18
Holes International Standard Golf
Course. Designed by five-time
British Open champion Peter
Thomson.

Features and amenities:

• Indoor/outdoor tennis court with
three different surface
• Leisure & Health Centre fitness,
aerobics, massage, and yoga and
Jazz dance classes
• A spa with sauna, cold and hot
plunge pools, as well as Jacuzzi
and steam rooms
• Olympic size swimming pool
• Restaurants
• Ballroom with 1000 persons
capacity
• 14 Bungalow

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Content

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Land Inventory
LAND INVENTORY (Ha) As Of
March 31, 2014
Development Location
LAND FOR DEVELOPED
DEVELOPMENT (net)
Kota Modern Tangerang City, Banten - 12,1
Modern Gateway Tangerang City, Banten 159,2 -
Modern Hill Pondok Cabe - 4,9
Modern Park Cakung, East Jakarta 0,5 1,3
Puri Teratai Cikande, Serang Banten - 0,3
Puri Mas Cikande, Serang Banten - 3,6
Bukit Cibadak Indah Cibadak, Sukabumi 7,2 -
Modern Cikande Industrial Estate Cikande, Serang Banten 481,0 5,0
Jakarta Garden City Cakung, East Jakarta 230,9 50,6
Modern Bekasi Residential and Industrial Bekasi 489,1 -
TOTAL 1.367,9 77,8

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Marketing Projection 2014

TOTAL AREA (M2) TOTAL REVENUE

PROJECT
LAND BUILDING (Rp. Bill)
Residential 86.071 134.707 1.795
Industrial Estate 1.000.000 - 1.149
Land 600.000 - 1.200
TOTAL 1.686.071 134.707 4.144

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Financial Highlights

Unaudited

DESCRIPTION (In Million Rp) 2008 2009 2010 2011 2012 2013 1Q2014

Sales 237.130 292.727 261.325 504.637 1.057.768 1.843.945 788.935

Cost of Sales (126.476) (140.396) (120.273) (238.013) (556.036) (511.164) (350.264)

Gross Profit 110.654 152.331 141.052 266.624 501.732 1.332.781 438.670

Operating Expenses (76.329) (86.279) (82.633) (116.637) (154.742) 1.331.712 71.350

Income from Operations 34.325 66.052 58.419 149.987 346.990 2.664.493 510.021

Net Income 2.382 2.355 38.602 74.117 260.475 2.451.686 390.235

Comprehensive Net Income 2.382 2.355 38.602 74.117 260.475 2.451.686 390.235

DESCRIPTION (In Million Rp) 2008 2009 2010 2011 2012 2013 1Q2014

Total Assets 1.846.260 1.770.705 2.032.644 2.526.030 4.591.920 9.647.813 9.524.927

Total Debts 330.656 264.687 432.842 394.250 1.200.613 3.468.157 3.200.149
Total Other Liabilities 474.240 462.299 486.748 943.418 1.165.294 1.503.955 1.259.623
Total Equity 1.041.364 1.043.719 1.113.054 1.188.362 2.226.014 4.675.700 5.065.155

Total Liabilities & Equity 1.846.260 1.770.705 2.032.644 2.526.030 4.591.920 9.647.813 9.524.927

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Financial Highlights

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Financial Highlights

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end of presentation
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