Investor Presentaiton

IDR per sqm per month OLIPPO OVERVIEW OF JAKARTA'S OFFICE MARKET - CBD AREA PT LIPPO KARAWACI TBK Year-to-date net absorption of around 50,000 sqm exceeds full year 2014 and 2015 figures Year-to-date new supply of more than 400,000 sqm already a record as occupancy falls further 450,000 400,000 350,000 300,000 250,000 Annual average: 200,000 sqm 200,000 150,000 100,000 50,000 2006 Grade A rents continue trending downwards with a fall of 2.5% q-o-q 500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 4010-1015: CBD Grade A 283% 2016-30 1Q06 2006 3Q06 4006 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2010 3Q10 4010 1Q11 2Q11 3Q11 4Q11 1Q12 2012 3Q12 4012 1Q13 2013 3Q13 4013 1Q14 2014 3Q14 4Q14 1015 2015 3015 4015 1Q16 2016 -Grade A -Grade B -Grade C -Grade Premium 3Q16 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 20 Net Absorption New Supply Occupancy 2016-y-t-d 100% 95% 90% 85% 80% 75% 70% 65% 60% Occupancy Existing Supply: 5.3 million sqm Gross Rent: IDR 297,729 per sqm per month Occupancy: 84% CBD Office Market in 3Q16 Future Supply: ± 1.77 million sqm Service Charge: IDR 86,770 per Base Rent: IDR 210,959 per sqm per month sqm per month Source Q3' 2016 Market Review for Jakarta Jones Lang LaSalle Research 50 50

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