LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Business and propertiesof the BOT Scheme of Ekalokasari Plaza is from 27 June 2001through 27 June 2032.If PT IPB (as BOT Grantee) wants to assign its rights under theBOT Agreement, PT IPB must submit written notification toPT Bogor Life Science and Technology (as BOT Grantor).Instead of the transfer of the right of the BOT Agreement, whichrequires the consent of the BOT Grantor, the transfer of theinterest of the BOT agreement may also be conducted throughtransfer of shares of the shareholders of PT IPB. The BOTAgreement does not prohibit the transfer of shares by theshareholders of PT IPB.As PT IPB is not the owner of the land on which Ekaloksari Plazais situated on, PT IPB has no right to assign or encumber theland.Average Specialty Base Rent as at30 June 2007 (Rp.’000 per sq m permonth) . . . . . . . . . . . . . . . . . . . . . . . 141NPI for Forecast Period 2007,Projection Year 2008 and ProjectionYear 2009 (S$’000) . . . . . . . . . . . . . . Forecast Period 2007—2,296Projection Year 2008—5,798Projection Year 2009—7,503Percentage of contribution to LMIRTrust’s Gross Rent for Forecast Period2007 . . . . . . . . . . . . . . . . . . . . . . . . . 5.8%Notes:(1) Recently completed asset enhancement works for the third floor and mezzanine have increased theNLA by 5,013 sq m, bringing the total NLA to 25,600 sq m.(2) The figure comprises the number of households within the primary trade area of the relevant RetailMall. (See “Appendix F—Independent Report on the Indonesian Retail Property Market”.)158