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

Appendix EReport No.017/WPA-Report/2007Page 11.Gross Floor Area : 49,341 square meters.Lettable Floor Area : 34,139 square meters.Occupancy Level : 86.4%.Tenancy Details : As at 30 June 2007, anchor and major tenants occupied about 67.9%of the total occupied retail space. Hypermart is the largest tenantwhich constituted about 29.9% of the total occupied retail spaces,Matahari Group (Dept. Store and Timezone) is the second largesttenant by 22%, Fitness First is the third largest tenant by 5.7%, 21Cineplex is the fourth largest tenant by 5.5%, and the remaining 4.9%is shared between Sports Warehouse and Karisma Book Store.Hypermart has a 10-year lease term expiring in 27 July 2015,Matahari Dept. Store has a 9.5-year lease term expiring in30 August 2015, Timezone has a 9.75-year lease term expiring in30 October 2015, Fitness First has a 15-year lease term expiring in2021, and 21 Cineplex has a 10-year lease term expiring in 23 March2016, whilst both Sports Warehouse and Karisma Book Store have a5-year lease term expiring in 2010. About 65.7% of the specialtyshops including food outlets have a 5-year lease term, about 27.1%have a 7-year lease term, and the remaining 7.2% have variable leaseterm of 1, 2, 3, or 10 years.The overall average base rental rate is about Rp. 86,584/squaremeter/month. The average base rental rate for the anchor tenants,Lower Ground Floor, Ground Floor, Upper Ground Floor, 1st Floor,2nd Floor (food court and restaurant level) respectively are aboutRp. 49,232, Rp. 215,732, Rp. 160,580, Rp. 180,522, Rp. 184,822,Rp. 169,850/square meter/month.E-12Continue to page 12.