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Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

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The table below sets out a summary of selected information on Palembang SquareExtension (as at 30 June 2012 unless otherwise stated).Address/LocationTitle detailsDescription/Existing UseParking baysValidity period of the BOTAgreementYear of completionof buildingOccupancy rate (as at 30September 2012)Average gross rent (1)Number of tenants (as at 30September 2012)Jalan Angkatan 45/POM IX, Lorok Pakjo SubDistrict, Ilir Barat 1 District, Palembang City,South Sumatera Province, <strong>Indonesia</strong>Right to Use (Hak Pakai) No. 419/Lorok Pakjounder the name of Provincial Government ofSouth Sumatera (which currently is in the processof being converted into Right to Manage (HakPengelolaan) 1A two-level retail mall (including one undergroundlevel) with a bridge250 car lots and 800 motorcycle lotsUntil 25 January 2041201290.6%Rp.188,000 psm per month35GFA (sq m) 45,886NLA (sq m) 17,326Gross revenue for the6M2012Net property income for6M2012EncumbrancesValuation by KJPP RHP (4)Restriction in interest (5)Notes:Rp.5.7 billion (2)Rp.2.5 billion (3)NilRp.232 billionApproval from the Government of South SumateraProvince(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 SquareExtension including service charge.(3) Excludes depreciation of investment property for Palembang Square Extension.(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 <strong>Indonesia</strong> 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.1 Based on the BOT Agreement, the BOT Grantor has granted the BOT Grantee a right to develop and manage landwith an area over 23,285 sq m. The total area of the Right to Use (Hak Pakai) No. 419/Lorok Pakjo which is currentlyin the process of being converted into Right to Manage (Hak Pengelolaan) in the name of the BOT Grantor is 16,256sq m. In addition, based on information from the BOT Grantee, the BOT Grantor is currently in the process ofapplying for the Right to Manage (Hak Pengelolaan) in relation to an additional area of 7,055 sq m. In suchoccurrence, the total area for the Right to Manage (Hak Pengelolaan) that will be owned by the BOT Grantor is23,311 sq m.B-6

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