Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Malang Town Square, in which Malang Town Square Units are located, is a mallconceptualised as an international lifestyle mall as well as the biggest and mostcomprehensive mall in Malang. The centre has easy access to public transportation andis surrounded by exclusive residential communities and several universities which havemore than 50,000 students.The Malang Town Square Units comprise three strata units on part of the ground floor,upper ground floor, first floor and second floor of the building, aggregating a total NLAof 11,065 sq m, representing 48.3% of the total NLA of Malang Town Square as of30 September 2012. The Malang Town Square Units are currently utilised as adepartment store, hypermarket and entertainment and games centre.(6) Plaza MadiunThe city of Madiun, with a total population of 0.2 million (based on a 2005 census), isthe capital city of Madiun regency in the East Java province. The Madiun regency hasa total land area of 1,011 sq km and its population exceeds 0.6 million (based on a 2001census).Madiun has benefited from its position which connects major cities in Central and EastJava. It is the home of Indonesia’s first and largest train manufacturer and is a majorsugar producer in Java. The industrial sector and trade, hotel and restaurantbusinesses are key revenue generators for the city, having contributed around 27.0%and 20.0%, respectively, to Madiun’s GRDP (based on economic statistics in 2004).Plaza Madiun is located along Jalan Pahlawan, a major road of the city which is also theprimary thoroughfare in the city of Madiun. The street is positioned in the centre of thecommercial and administrative zone, at the crossroad of three existing subdistricts ofMadiun. Most of the prominent buildings in Madiun are included in this precinct,including the City Hall, Merdeka Hotel, Tentara Hospital and Pasaraya ShoppingCentre. Jalan Pahlawan is accessible from Jalan Sudirman, another major thoroughfarein the city.Plaza Madiun enjoys high pedestrian traffic from Jalan Pahlawan and is in closeproximity to various forms of public transportation options.Plaza Madiun, aggregating a total NLA of 19,029 sq m as at 30 September 2012, issituated on two HGB titles, comprises the basement, first floor, second floor and thirdfloor and are currently occupied by a supermarket and a department store.(7) Grand Palladium Medan UnitsMedan, the provincial capital of the North Sumatra, is the largest city in Sumatra and thethird most populous city in Indonesia after Jakarta and Surabaya. It is a cosmopolitancity with a population of over 2.0 million.Medan is a growing commercial centre in the region, mainly with agriculture andindustry businesses. The city was transformed from a tobacco plantation village in the19th century to a major government and commercial centre at present.In terms of economic activity, Medan relies on its natural resources as well asprocessing industries. Over the years, Medan has been a supplier of vegetable oil,seafood, crafts and various agricultural products to a number of Asian and Europeancountries.Grand Palladium Medan is conveniently located within the Medan CBD and is only2.5 km from the Polonia International Airport. The mall is located in the centre of Medan,hence drawing shoppers from all around the city. It is surrounded by government andB-17