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Press Release

PT MUARA WISESA SAMUDRA HAS ACQUIRED THE PERMISSION OF RECLAMATION OF

ISLAND G (PLUIT CITY)

Jakarta, January 7, 2015. PT Muara Wisesa Samudra ("MWS"), the Subsidiary of PT Agung

Podomoro Land Tbk. ("APLN" or the "Company") with indirect ownership through PT Kencana

Unggul Sukses ("KUS"), has obtained the license for the reclamation of the Island G (Pluit City),

based on DKI Jakarta Governor Decree No. 2238 Year 2014, dated December 23, 2014, re the

Permit Granting on the Implementation of the Island G Reclamation to PT Muara Wisesa Samudra

("DKI Jakarta Governor Decree"), and accordingly MWS may begin the reclamation activities of

Island G (Pluit City).

As specified in the said DKI Jakarta Governor Decree, the reclamation activities are limited to the

construction of embankment, and land filling for the establishment of the new reclaimed island.

About PT Agung Podomoro Land Tbk.

PT Agung Podomoro Land Tbk. has 35 (thirty five) subsidiaries, 13 (thirteen) entities through indirect ownership by subsidiaries and 2 (two) associates in property sector in Jakarta, Karawang, Bandung, Bali, Balikpapan, Batam Makassar and Medan. With 40 years of experience as part of the Agung Podomoro Group, Agung Podomoro Land has a solid foundation to become the leading developers in developing property business in Indonesia. Within 10 (ten) years, the Agung Podomoro has completed more than 50 property projects, with majority addressed to middle class segments of society, with projects ranging from low cost apartments to high end apartments in South Jakarta, high end and the neighborhood mall, shop houses, hotels and office towers. With a motto to be part of future stakeholders, and provide a harmonious lifestyle, Agung Podomoro Land believes to continuously growing rapidly in Indonesia, where local knowledge meets international standards.

For further information, please contact:

Wibisono Investor Relations Tel: 62-21-290 34562 Mobile 628551000535 Fax : 62-21-290 34556

Email : wibisono@agungpodomoroland.com Website: www.agungpodomoroland.com

F. Justini Omas Corporate Secretary Tel: 62-21-290 34567 Mobile 628128888279 Fax : 62-21-290 34556

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