PT BUMI SERPONG DAMAI TBK PT Bumi Serpong Damai Tbk October 2015 Company Overview Company Highlights • PT Bumi Serpong Damai Tbk (“BSDE”) was Shareholders Structure established in 1984 by consortium of Sinarmas Land shareholders to develop BSD City as a satellite city in southwest of Jakarta 35% Other founding • BSDE has started its operation since 1989 shareholders and has grown to become a new center of Free floating economy in the southern outskirt of Jakarta 63% • BSD City is one of the largest city 2% development company in Indonesia with total license area of 5,950 ha Company Structure Chart • Well established developments in Greater Jakarta & Borneo, expanding to Surabaya, BSDE Manado, Palembang and Semarang 88.56 72.25% 55% Duta% Sinar Mas Sinar Mas • BSDE is included in various indices, including Pertiwi Teladan Wisesa Bisnis 27, Kompas 100, LQ45, JII, 49% 99.9% 60% Investor33 & MSCI Indonesia Sentra Talenta Sinar Usaha • BSDE is the largest property company in International Utama Marga terms of market capitalization, IDR 32 Expo th trillion/USD 2.3 billion as of 15 October 51% 99.9% 99.9% 99.9% 99.9% 2015) (1 USD ~ IDR 13,600)] Bumi Bumi Garwita Praba Pastika Parama Paramudita Sentra Selaras Candra Wisesa Mas Utama Pratama Pertiwi 1 Corporate Actions 2003 --20082008 2010 20122012--20132013 2014 2015 2003, issued BSD Rights issue IDR Issuance Shelf 5% new shares 5% new shares Bond I IDR 250B, 760 Registered Bond issuance at Rp issuance at Rp repaid in 2008 Acquisition of IDR 2.75 trillion 1,820/share 1,890/share 2006, issued BSD DUTI (85.31% of Acquired stake Issuance USD Bond II IDR 600B, equity interest) of PLIN.IJ up to Bond USD 225 repaid in 2011 Capital Injection 34.22% million 2008, IPO at to SMT (60% of IDR 550 enlarged equity) and SMW (55% of enlarged equity) Current share price at Rp 1,645 15 th October 2014 at Rp 1,475 2 Core Business PT Bumi Serpong Damai Tbk Sales Development Revenue Recurring Revenue City & Urban Gated/cluster Vertical Office Malls and Hotels & Development Residential Residential Buildings Superblocks Leisure Greater Semarang Surabaya Medan Palembang Balikpapan Samarinda Manado Makassar Jakarta International Trade Center (ITC) Landed Residential Shopping Mall Shop Houses and offices Office Building Industrial Estate Estate Management Commercial Lots Hotel Apartments Convention & exhibition 3 Diversifying Portfolio Presence in Indonesia 9 (nine) big cities Balikpapan Permai Wisma BII- Medan Balikpapan Baru Mal Balikpapan Baru Le Grandeur Hotel Grand City Manado Samarinda Balikpapan Palembang Sinarmas Land Office Tower Makassar Thamrin Greater Jakarta Le Grandeur Hotel Mangga Dua Ocean Park BSDCity Surabaya MT Haryono (vacant land) Kuningan Rasuna (vacant Semarang land) BSD City Serpong Grand Wisata Bekasi ITC Superblock Mangga Dua Kota Wisata Cibubur ITC Superblock Cempaka Mas Legenda Wisata Cibubur ITC Superblock Roxy Mas Kota Bunga Bogor ITC Superblock Permata Hijau Mangga Dua Center – Jagir Taman Permata Buana West ITC Fatmawati ITC Surabaya Jakarta ITC Depok Wisma BII Banjar Wijaya Tangerang ITC Kuningan Ambasador Benowo Industrial Estate (vacant land) Bale Tirtawana Bogor ITC BSD Lakarsantri (vacant land) Jatiasih (vacant land) Duri Pulo (vacant land) Tanjung Sari (vacant land) Cibubur (vacant land) Tanjung Barat (vacant land) Mayjen Sungkono (vacant land) 4 Strong Footprint in Greater Jakarta Java Sea Seaport TJ Priok Soekarno-hatta ITC Superblock ITC Superblock International Airport Mangga Dua Cempaka Mas Le Grandeur Hotel Taman Permata Buana Jakarta Plaza BII Tangerang ITC Kuningan Ambassador Mall Seaport Taman Banjar Wijaya Rasuna Jakarta – land bank Ke Merak ITC Permata Hijau MT Haryono – land bank Bekasi Karawaci Alam ITC Fatmawati Sutera Gading Serpong Pd. Indah Grand Wisata Cibitung New toll road BSD City Jatiasih, Cibubur – land bank Ocean Park Kota Wisata Lenteng Agung – land bank Cikarang Legenda Wisata Depok Pamulang Ke Cikampek Bale Tirtawana - 7 spacious residential projects ITC Depok - 8 superblock developments Bogor - 3 towers office buildings - 27 ha commercial land banks in Jakarta 5 Satellite City Development BSD City (developed since 1989) ••Development Rights : 5,950 ha BSD City ••Land acquired : ±± 5,050 ha ••Developed : ±± 2,100 ha Kota Wisata Grand Wisata Kota WisataWisata,, Cibubur (developed since 1996) ••Development Rights : 543 ha ••Land acquired : ±±480 ha ••Developed : ±±362ha Grand WisataWisata,, Bekasi (developed since 2005) ••Development Rights : 1,100 ha ••Land acquired : ±± 865 ha ••Developed : ±± 320 ha 6 Commercial Superblocks SuperblockSuperblock Mangga Mangga Dua Dua Superblock Permata Hijau Superblock Mangga Dua Permata Hijau Superblock Roxy Mas Superblock Cempaka Mas Superblock Ambasador Kuningan Superblock Fatmawati Mas Superblock Permata Hijau Superblock Mangga Dua Surabaya ITC Depok ITC Surabaya ITC BSD •• Pioneer of ITC (strata retail mall) ITC Depok Future Commercial Expansion •• One of the pioneers of “superblock •• Mixed development, Duri Pulo, Pulo , Central developments” which combine Jakarta,16 ha condominium, retail space and offices •• Mixed development, Lenteng AgungAgung,, South •• As most favorite business hub for Jakarta, 5.6 ha wholesalers and retailers •• Mixed development, Jakarta CBD, Rasuna EpicentrumEpicentrum,, 5.5 ha •• Vertical development, Jakarta CBD, MT Superblock Cempaka Mas HaryonoHaryono,, 8,000 sqmsqm •• Successfully developed 10 Superblocks in spread around Greater Jakarta and Surabaya with around 1,3 million net sellable area and as recurring income generator 154,000 sqmsqmleaseable area 7 Investment Properties Jakarta Office Building Sinarmasland Plaza Thamrin II qsmRentable aebra area latne : 10,230 e102:,30 Rqsm 12 storey office building Sinarmasland Plaza Thamrin IIII qsmRentable aebra area latne : 66,180 e661:,80 Rqsm 39 storey office building Sinarmasland Plaza Thamrin IIIIII qsmRentable aebra area latne : 11,494 e114:,94 Rqsm 12 storey office building Surabaya Office Building Wisma BII Surabaya Jakarta Breeze Open Air Lifestyle Mall qsmRentable aebra area latnee232,81qR 23,281 sm Net leaseableqsm 29,000 290,00 qsm 20 storey office building 13.5 ha gross land area, BSD City Medan Office Building DP Mall Semarang, Central Java Hotel (4 star Hotel) Net leaseableqsm 18,300 183,00 qsm Wisma BII Medan qsmGross l oofsso floor 53,000 530,r00 Grqsm qsmRentable aebra area latne : 11,651 e116:,51 Rqsm Le Grandeur Jakarta 16 stories, 352 rooms 10 storey office building Epicentrum Walk Mall, CBD Jakarta Net leaseableqsm 10,722 107,22 qsm Le Grandeur Balikpapan qsmGross l oofsso floor 14,800 148,r00 Grqsm 5 stories, 191 rooms 8 Project Overview BSD City –– Master Plan ~ 6,000 Ha PHASE 3 2,450 Ha PHASE 1 1,1,550000 Ha PHASE 2 2,000 Ha 9 Infrastructure & Facilities Infrastructure Facilities ••Easy access to BSD City: ••Lifestyle and Entertainment 2 existing toll roads DIG Golf Course, Indonesia Convention Exhibition (ICE) 3 future toll roads Ocean Park Waterpark double tracks train (executive) Breeze Mall, TeraskotaTeraskota,, BSD Plaza, ITC BSD, Aeon Mall feeder bus, link into busway Clubhouse, swimming pool, movie theaters ••Reliable power supply and fiber optic cables are the backbone to the ••Education, Health, Worship communication infrastructure More than 65 education institution ••Water treatment plant to provide continous fresh water supply ±± 5 hospitals ••Nursery, a plant seeding cultivation center to support BSD City green Mosque, church, temple development ••Service: traditional market, fire fighter, 24 hour securities 10 Phase I ~ 1,500 Ha Green Cove Sevilla The Green ••Development started in 1989 and currently at completion stage ••Population around 160.000 people (phase 1 and 2) ••35.000 Residential and Commercial Units (phase 1 and 2) Sunburst Office Park ITCITC BSD Taman Tekno o 11 Phase IIII--ResidentialResidential De Park (66 ha) Launch in 2010 and 2011 SubSub--ClusterretlsCu editupauCjitupauCj ed edarnFgaipniFrangipani ed de HeliconialHeicnoia edBaiasrsBaiasrs ed edaaMjMaja ed de Naara de Maja 22 Development 17 ha 5.8 ha 9.2 ha 11.9 ha ah 13.2 2.31ahah 33.2 33.2ahah 2.31 2.31 ah Area Units 052 250 5959 9999 0909 8787 3535 2828 Price Range IDR 1.28 –– RDI 8.11.8 RDI–– – –1.2 RDI1.2 RDI IDR 4.1 –– IDR 3.73.7-- 5.4IDR –5.4 2 –2 RDI IDR3.5 RDI5.3 ––13.713.7 In billion IDR 2.54 IDR 3.2 IDR 5.2 IDR 7.2 5.7 RDI5.7 RDI Type BB185185 --335335 B 185 --310310 BB200200 --348348 BB300300 --348348 B 230230--348348 B 120 ––216216 B 260 ––348348 smq nI smq nI L 210 --450450 LL210210 ––375375 L 250 --630 L 300 ––12001200 L 250250--770770 L 160 ––300300 L 300 ––10221022 12 Phase II ~ Greenwich Park 48 ha SubSub--ClusterCluster Mayfield Sheffield Whitsand Whelford Luxmore Hylands Development 7.5 ha 7.6 ha 6 ha 7 ha 77haha7 ha Area Units launched 168 197 5757259 8383192 Price Range In 2.5 ––55 2.7 ––6.76.7 2.8 ––6.76.71.5 ––1.81.8 1.71.7--2.72.71.4 ––2.32.3 billion IDR Type In sqmsqm BB130130 --275275 BB130130 --275275 B 132 ––288288 B 120 ––125125 B 120120--125125 B 70 ––133133 L 160 --300 L 160 --300 L 160 ––535535 L 60 ––8484 L 112112--295295 L 77 ––112112 13 Phase II ~ The Eminent 41 Ha SubSub--ClusterCluster Ingenia Illustria Illustria 22 Prestigia 11 Prestigia 22 Precia Vivacia 11 INGENIA Development 9 ha 11 ha 12 ha 4 ha 7.7 ha Area VIVACIA Units launched 243 151219 8484256 147 289 ILLUSTRIA PRESTIGIA Price Range In IDRIDR 1.51.5––3.63.6IDR 1.7 ––3.63.6IDR 1.8 --3.63.6IDR 1.7 ––2.32.3IDR 1.5 –– IDRIDR 1.6 –– PRECIA billion 2.7 3.83.8 Type In sqmsqmB