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GALLANT VENTURE LTD. Corporate Presentation November 2013 Disclaimer This document is prepared by Gallant Venture Ltd. (“GV” or the “Company”). This document is being presented to you solely for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person (including journalists) or published, in whole or in part, for any purpose. By accepting this document, you agree to keep secret and absolutely confidential the document itself and the information contained herein. This document does not constitute a prospectus, information memorandum or other offering document (an “Offering Document”) in whole or in part. This document does not constitute an offer or invitation to subscribe for or purchase any securities, in the United States, Canada, Japan or otherwise, and nothing contained herein shall form the basis of any contract or commitment whatsoever. This document and the information contained herein is a summary only and has not been audited or independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, reliability, completeness or correctness of the information or opinions contained herein. The information contained in this document may not contain all of the information you may consider material. It is not the intention to provide, and you may not rely on this document as providing, a complete or comprehensive description of the Company's financial or trading position or prospects. The information contained in these materials is provided as at the date of the presentation, should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. Neither the Company nor any involved investment banks, including their respective affiliates, advisers or representatives shall have any responsibility or liability whatsoever (in negligence or otherwise) for any cost, loss, damage or expense howsoever arising from any use of this document or its contents or otherwise arising in connection with the document. Certain statements contained in this document may be statements of future expectations and other forward-looking statements and involve known and unknown risks, assumptions, uncertainties and other factors that may cause the actual results, performance and financial condition of the Company, or industry results, to be materially different from any future results, performance or financial condition, expressed or implied by such forward-looking statements. Forward-looking statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that future events will occur, that projections will be achieved, or that the assumptions contained herein are correct. Actual results may differ materially from those projected and you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. This document contains data sourced from and the views of independent third parties. In replicating such data in this presentation, the Company makes no representation, whether express or implied, as to the accuracy of such data. The replication of any views in this document should be not treated as an indication that the Company agrees with or concurs with such views. This document does not constitute or form part of and should not be construed as an offer, solicitation, recommendation or invitation to purchase or subscribe for any securities issued by the Company or any of its subsidiaries or affiliates in any jurisdiction or an inducement to enter into investment activity. No part of this document, nor the fact of its distribution shall form the basis of or be relied upon in connection with any contract, commitment or investment decision whatsoever in relation thereto. Any decision to purchase securities should be made solely on the basis of information contained in the relevant Offering Document issued by the Company in connection with such an offering. In particular, nothing in this presentation constitutes an offer of securities for sale in any jurisdiction where it is unlawful to do so. Neither this presentation nor any copy of it may be taken or transmitted into the United States of America, its territories or possessions or distributed, directly or indirectly, in the United States of America, its territories or possessions. This includes, but is not limited to facsimile transmission, electronic mail, telephone and the Internet. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. The document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration requirements under the U.S. Securities Act of 1933, as amended (the “Securities Act”). No public offering or any such securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. By receiving this document, you are deemed to have represented and agreed that you and any of your customers that you represent (i) are sophisticated investors to whom it is lawful to communicate and (ii) are located outside of the United States. This document or any part of this document is being furnished to you solely for your information and may not be distributed, reproduced, taken or transmitted directly or indirectly into the United States, Canada or Japan. The investment banks involved may act as market maker or trade on a principal basis, or have undertaken or may undertake to trade for their own account, transactions in the financial instruments or related instruments of the Company and may act as underwriter, placement agent, advisor or lender to Company. The investment banks and/or their employees may hold a position in any securities or financial instrument. This presentation is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC, as amended. This document is subject to changes and finalisation from time to time without notice. By receiving this document, you are agreeing to be bound by the foregoing restrictions and to maintain absolute confidentiality regarding the information disclosed in this document. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. 2 Agenda 1. Business Overview 2. Key Credit Highlights 3. Financial Overview Appendix 3 Section 1 COMPANY OVERVIEW Company Highlights . Headquartered in Singapore, Gallant Venture Ltd. (“GV”) is an investment holding company with five main business segments: Automotive Utilities Industrial parks Resort operations Property development . GV’s businesses are located in Singapore, Indonesia and the People’s Republic of China (“PRC”) . Key shareholders include the Salim Group and SembCorp Industries Ltd . GV is listed on Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$1.56 billion as at 31 October 2013 5 Organisational Structure – Gallant Venture Ltd. SembCorp Group Salim Group Public (Part of Temasek) 11.96% 74.55% 13.49% 71.49% 100% 40% 100% 100% PT Indomobil Sukses PT Batamindo 60% PT Bintan Inti Industrial Verizon Resorts Limited Win Field Limited Internasional Tbk Investment Cakrawala Estate 100% less 1 36% 20% 80% 100% less 1 100% Please see Slide 8 for Batamindo Carriers share share detailed organisational Pte Ltd PT Suakajaya PT Surya Bangun PT Buana structure of IMAS Bintan Power Pte Ltd 30% Indowahana Pertiwi Megawisatama PT Soxal Batamindo Industrial Gases 100% Bintan Resorts International Pte Ltd 95% PT Batam Bintan 100% 100% Telekomunikasi 100% 15.25% 67.83% Batamindo Investment 60% (S) Ltd PT Batamindo BU Holdings Pte Ltd Lagoi Dreams Limited Executive Village 100% Crystal Grace 99% 1% International Limited 49% 3.69% PT Bintan Resort Gallant Power & Cakrawala Resources Limited 100% 70% Treasure Home Limited PT Taman Indah 100% 30% Bintan Resort Ferries Private Limited Starhome Limited 100% Golfview Limited Note: Shareholding and structure as at 31 October 2013 6 Organisational Structure – PT Indomobil Sukses Internasional Tbk PT Indomobil Sukses Internasional Tbk 99.99% 99.73% 99.99% 96.87% 10% PT Indomatsumoto Press PT Indomobil Multi Jasa PT Indomobil Wahana Trada PT IMG Sejahtera Langgeng PT National Assemblers and Dies Industries 51% 90% 99.88% 99.94% 51% PT Kyokuto PT 96.42% 94.87% 99.98% 90% Indomobil Indomurayama PT Indomobil PT Multicentral Aryaguna PT Rodamas Makmur Motor PT CSM PT Wangsa Indra Distributor Press & Dies Finance PT Wahana PT Indomobil Corporatama Cemerlang Indonesia Industries Indonesia Wirawan Trada Nasional 85.85% 99.94% 86.11% 72.58% PT Central Sole Agency PT Unicor Prima Motor 99.98% 99.99% 60% Dealerships PT Indobuana PT Wahana Inti - PT Wahana Delta Prima Banjarmasin Autoraya Central Mobilindo PT Indomobil PT Wahana Indo PT Kharisma 50.5% - PT Wahana Sun Motor Semarang Bintan Corpora Trada Mobilindo Muda - PT Indosentosa Trada - PT Wahana Trans Lestari Medan - PT Wahana Sun Hutama Bandung 99.70% 57.77% 51% PT Autobacs 99% - PT Wahana Persada Lampung Indomobil