PT CIPUTRA DEVELOPMENT TBK Newsletter – July 2011

Introducing “Walk to Work” Concept through Ciputra World 2 The apartment towers are designed with lush gardens at its corridors to give a sense of openness as well as to offer a refreshing transitional environment for those who live and work in air conditioned environments. All apartment towers are also equipped with premium facilities such as a sky garden, swimming pool, spa, gym, multifunction room and barbeque area. These facilities are anticipated to provide residents with venues to exercise, relax and enjoy a panoramic view of Jakarta.

Jakarta, 5 July 2011 – On 5 July 2011, Work” concept to residents of In the first phase of construction PT Ciputra Property Tbk held a media Jakarta. starting at the beginning of 2012, two gathering to introduce its latest 40 storey towers with building area of project, Ciputra World 2, following Chosen to design the property is an 80,000 – 90,000 m2 consisting of the successful construction and award winning Singaporean about 700 apartment units, The marketing progress of Ciputra World architectural Firm, SCDA. This firm Cedar strata title condominiums and Jakarta. employs a team of multidiscipline service apartments managed by architects experienced in designing Fraser Suite, will be built. Pricing of Located in the heart of Jakarta’s CBD, private residences, resort hotels, units at The Cedar are expected to be this property, consisting of 5 apartment and commercial buildings around Rp 20 million per square apartment towers on 3.1 Ha land, is in Singapore and overseas. meter. anticipated to introduce “Walk to

Upin and Ipin Brightened Holidays at Ciputra Summer camp at Ciputra Golf, Club and Mall Semarang Hotel Jakarta, 5 July 2011 – Upin, Ipin Jakarta, 11 July 2011 – During the and their friends brightened the end of school year holidays, Ciputra school holiday season at Mal Golf, Club and Hotel held ciputra Semarang between 23 two-day Summer Funtastic Camp June and 4 July. programs on the weekends starting 2 and 9 July 2011. Throughout the holidays, the famous Malaysian cartoon characters performed a short skit and took photos with Consisting of: outdoor and water their fans. Thousands of fans came to see their beloved activities, golftainment, art activities, characters in action. charity, gardening, bon fire and magic lessons, the program is held to give participants an unforgettable adventure during their holiday. 1

Traditional Games Filled Ciputra Mall Jakarta during Happy Family Day at CitraIndah the School Holidays Sidoarjo Jakarta, 18 July 2011 – To Celebrate the end of the 2010 / 2011 academic year, Mall Ciputra Jakarta held an event themed “Aku & Mainanku” (“My Toys and I”) at its Center Court between 22 June and 17 July 2011. Jakarta, 18 July 2011 – On Sunday 17 July The event was held to provide an alternative holiday destination to 2011, CitraIndah Sidoarjo collaborated with those in Jakarta as well as an effort to conserve Indonesian culture Melilea to hold an event, “Happy Family through traditional games. The event featured workshops and Day”. This event, unlike any other event held competitions of traditional games such as: congklak, bola bekel, by the project had a sport theme. Visitors othok-othok, gasing, and engklek, along with exhibitions and were able to participate in a fun bike event entertainment. and a dance competition. Melilea provided our visitors with a free skin health “Aku & Mainanku” was opened on 24 June 2011 by an event consultation. showcasing series of entertainment hosted by Indra Bekti & During the event, visitors entering into a Melisa. Featured entertainments are: Genjring Party by Sanggar transaction are entitled to specials deals and Ananda, Yoyo Man Performance by Oke Rosgana and gifts such as 5% deposit, shopping voucher performances by Winda Idol as well as Panti Asuhan Nurul Islam. from AJBS worth up to Rp 10 million.

CitraLand City Samarinda Launches a New Citra BukitIndah Balikpapan’s newest Cluster, Waterfront Avenue products, Alexandrite and Andalucite Jakarta, 18 July 2011 – On were launched Saturday 16 July 2011, CitraLand Jakarta, 18 July 2011 – Citra BukitIndah Balikpapan City Samarinda launched both a launched two new products in the cluster stonepark, new cluster (Waterfront Alexandrite and Andalusite. These new products, Avenue) and a new product answering Balikpapan residents’ need for clean and (Chantier). Chantier houses are green housing, are completed with a viewing deck for equipped with backyards to the residents to enjoy a beautiful view of the cluster’s enable residents to mingle. This open concept cluster is also natural lake and forests. completed with a playground and barbeque area for the residents to use. The three selling point of this project are: its prime location on Balikpapan’s inner ring road, innovative Our creative concepts, continuous innovation and support designs that are setting the trend of exclusive living in from banks such as: BCA, Mandiri, UOB, BRI, BNI, Permata, Banjarmasin and its potential to provide good return CIMB Niaga, OCBC NISP and PANIN Bank attracted over 300 to investors. potential customers to the launching event featuring Titi Kamal (Indonesian singer and actress) at Senyiur Ballroom.

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Family Berry Fiesta marked Ciputra Group Celebrates 30 Year Anniversary by the Launch of the Launching Project ‘Bedah Sekolah’

“Constantine” at CitraLand Surabaya

Jakarta, 21 July 2011 – To To make over the building, our team commemorate our 30 th year of repaired the building’s structure; Jakarta, 18 July 2011 –At the launch business, we are giving back to the treated and repainted its walls, of the Constantine on 17 July 2011, community by renovating deserving ceiling, roof, windows, doors and our team at CitraLand Surabaya schools (‘Bedah Sekolah’) surrounding gutter; added canopies to all teamed up with BlackBerry to hold our projects. One of the first to windows; repainted play equipments; Family Berry Fiesta. This day time complete this special project is The and repaired desks and chairs at the event consists of: a fun bike event, a Taman Dayu who has chosen to school. photo contest (DSLR and mobile renovate Madrasah Ibtidaiyah Nurul phone category), Ladies’ Fashion Huda, Desa Sidokatut, Kec. Prigen, We hope this project will improve the Contest themed “Back to the 80s”, Kab. Pasuruan. learning process of students at the Mom & Kids’ Handicraft Contest, a school. Cooking Class by a professional chef Before the makeover, the school and a Berry Bazaar. building was rundown, moldy, had

peeling paint, and an unkempt yard.

CitraGarden ’s Newest Shop Pre Launch of Edelweiss at Citra 7 Houses were Sold out During Launch Jakarta, 25 Juli 2011 Jakarta, 25 July 2011 – On the weekend – On 22 July 2011, beginning 23 July Citra Garden 2011, Citra Garden Makassar held a City’s Citra 7 held a launching event for pre launch for a 44 luxury shop new cluster, the houses which was Edelweiss. Prudent enlivened by houses, these minimalist and modern units which covers a entertainment by building area of 157 m2 are proven to be popular with Bunga Citra Lestari and her band. This launch is considered a customers. great success. All of the products offered were sold out on the day, and there were many customers leaving deposits, Coinciding with the start of the new academic year, this wishing to be on the waiting list. event was themed “Back to School” and featured an education fair, a food bazaar and entertainment by well- Citra Garden Makassar will launch a second batch of 40 shop known artists. houses, at a prime location, to be the face of the project. These shop houses will be a business center for the 1200 The large turnout of visitors signifies the success of the residents of CitraGarden Makassar and its sorroundings event.

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Ciputra World Surabaya – The Newest Lifestyle Icon in Surabaya Another interesting design feature in this building is the express escalator, the longest escalator in Indonesia (34m) which connects the ground and V-Walk dining area on the 3rd floor. The escalator is to provide easy access to the colonial/art deco themed alfresco dining area even after the mall closes, as it is Jakarta, 25 July 2011 – On 22 July efficient. Features depicting the accessible from valet parking, 2011, CTRS opened its first mall, as design concepts are: gypsum lining on outdoor and indoor parking, as well part of the mixed use development, all glass walls to prevent energy as the oval atrium at the mall. on Jl. waste and the use of non – glass Mayjend Sungkono, West Surabaya. material on the west side of the Ciputra World Surabaya, the first mall The opening of the mall by trade building to reduce sun exposure. To to be home to exclusive brands such minister, Mari Elka Pangestu, marked reinforce the green and energy as: Emporio Armani, Salvatore the end of the project’s first efficient concept, the building uses Ferragamo, Tod’s, Francesco Biasia, development phase. co-generation power supply system, Boss Orange, Red Valentino, Tommy where a gas genset (energy Hilfiger, Armani Jeans and one of Designed by DP Architects, renowned generator) is used as the main Indonesia’s biggest department store, Singaporean architectural firm and generator and gas waste could be Metro. designer of Mall of Dubai, Suntec City used to fuel chillers in the building, as and Esplanade – Theater on the bay well as the use of recycled water for Setting a new standard for malls in Singapore, Ciputra World Surabaya’s cooling and flushing. Indonesia, Ciputra World is dubbed design concept is green and energy the lifestyle icon of Surabaya.

Ice Cream and Chocolate Fiesta at CitraGreen Dago Held Another CitraSun Garden Semarang Exhibition Jakarta, 25 July Jakarta, 25 July 2011 2011 - CitraSun – On the week Garden starting 18 July, CitraGreen Dago Semarang held Bandung held an open house exhibition at Istana events over the Plaza. This venue is weekends chosen for the starting 16 July and 23 July. The series of open second time as we homes was closed by the event, “ Ice Cream and believe visitors to Chocolate Fiesta”. During the open home, our team the mall are our target market of the project. As the exhibition last month, this offered special deals such as: free gift of vouchers month our marketing team offered special deals such as: worth Rp 5 million, free wallpaper, Mortgage furniture vouchers, free environment management fee for 1 packages; Deposit from as low as 5% and first year year and extra installments for in-house financing to customers fixed interest rate of5.5% and discounts on entering into transactions during the exhibition. transactions using Mandiri debit / credit card; which encouraged customers to enter into a transaction. This successful event was attended by over 200 visitors, some of which showed interest and proceeded with their transaction. 4

Ciputra Hotel Semarang Educate Children of Recap on Project Launches in 2011 Semarang on Recycling So far, we have launched 5 residential projects this year, Jakarta, 25 July which are: CitraLand NGK Jambi, Citra SunGarden 2011 – To Semarang, CitraLand Pekanbaru, CitraLand Kendari and celebrate National CitraGarden Pekalongan, as well as 1 commercial project, Children’s Day, on DIPO Business Center. 21 July 2011, Hotel Ciputra With the launch of CitraLand Denpasar in August, we are Semarang invited planning the launch of 2 more projects this quarter, primary school namely: CitraLand Tegal and Bizpark CE Banjarmasin. The students of two are CTRA direct projects. CitraLand Tegal is a Semarang to an event themed “I Love my Earth (Aku Cinta residential project covering an area of 10 ha while Bizpark Bumiku)”. Led by the Director of Sales, Christoporus CE Banjarmasin is a storage / warehouse project covering Yulianto, our team taught children attending the event to an area of 12 ha. transform recycled items such as newspapers, cardboard boxes and cans to toy planes, helicopters, robots, and In the last quarter of the year, a residential project by flower arrangements. CTRS is due to be launched, CitraGrand Jogjakarta. This joint operation project covers an area of 9 ha. While CTRP Hotel Ciputra Semarang, who has adopted “Go Green” is also planning the launch of 2 apartment projects, concept in its operations, took this opportunity to educate Ciputra World 2 (Lot 11) and Raffles Residence (Lot 3-5). students of Semarang to also “Go Green”.

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