Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Gross revenue for 6M2012 Rp.23.6 billion (2)Net property income for6M2012EncumbrancesValuation by KJPP RHP (4)Restriction in interest (5)Notes:Rp.16.4 billion (3)NilRp.583.00 billionNil(1) This is computed by taking the average of the gross rent (excluding service charge) for 6M2012.(2) Comprises gross rental income, car park income and other income pertaining to Palembang Squareincluding service charge.(3) Excludes depreciation of investment property for Palembang Square.(4) Based on KJPP RHP’s valuation report dated 30 June 2012.(5) Restriction in interest is a limitation imposed by any state authority in Indonesia on the powers andrights of a registered proprietor to deal with the land including restriction on the right to transfer,charge and/or encumber the land and/or building.2.2 Palembang Square Extension2.2.1 Description of Palembang Square ExtensionPalembang Square Extension is a two-level retail mall (including one undergroundlevel) with a bridge, and with a parking area with 250 car lots and 800 motorcycles lots.The mall is located in Palembang, South Sumatra, Indonesia, bearing the postaladdress Jalan Angkatan 45/POM IX, Lorok Pakjo Sub District, Ilir Barat 1 District,Palembang City, South Sumatera Province. Palembang Square Extension is part of amixed-use development consisting of a hotel, a proposed hospital and an existing mallwith an NLA of 17,326 sq m. Palembang Square Extension is directly connected toPalembang Square and the proposed hospital via a bridge.The underlying BOT Land, on which Palembang Square Extension is constructed, isrepresented by Right to Use (Hak Pakai) No. 419/Lorok Pakjo, registered under thename of Government of South Sumatera Province (which currently is in the process ofbeing converted into Right to Manage). The BOT Grantor is currently in the process ofapplying for the Right to Manage (Hak Pengelolaan) in relation to an additional areaof 7,055 sq m.B-5