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Corporate Update

April 2013

PT Media Nusantara Citra Tbk.

Listed and traded on the Indonesia Stock Exchange

STOCK CODE: MNCN

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Disclaimer

By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. Neither the company (including any of its affiliates, advisors and representatives) nor the underwriters (including any of their respective affiliates, advisors or representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation.

In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of

estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or that the company's assumptions are correct. Actual results may differ materially from those forecast and projected.

This presentation is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or

investment decision in relation thereto. This presentation may not be used or relied upon by any other party, or for any other purpose, and may not be reproduced, disseminated or quoted without the prior written consent of the company.

Any investment in any securities issued by the company or its affiliates should be made solely on the basis of the final offer document issued in respect of such securities.

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Section 1

Section 2

Section 3

Table

of Content

Indonesia’s Media Industry Update

MNC Update

Financial Update MNC

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Section1

Indonesia’s Media Industry Update

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Macro drivers support industry growth

Source: MPA 2011

A Young Population : 80% - Below 50yr

Source: Indonesia Bureau of Statistics 2012

Completed Education Level

29%

26% 29%

13%

3%

0-14 15-29 30-49 50-69 70+

Source: Nielsen Media Research Source: Indonesia Bureau of Statistics 2012

Monthly Household Expenditure (Rp1,000)

A large & young population

200mn people below age of 50

A rising middle class

Strong economic growth driven

by domestic consumption

36mn TV household

Only 4% of population has

university degrees

Indonesians prefer to watch TV

than to read, watching 5 hours

of TV per day.

What are the macro drivers?

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Asia Pacific Net Adspend (2011–2013F)

Source: Media Partners Asia 2012

In USD billion

Asia Pacific Net Adspend Growth (2011-2013F)

2011 2013F 2011 2013F

Media Partners Asia forecasts net ad spend growth of 15.8% in 2013

Growth is among the highest in the region

Indonesia’s ad spend is growing from a small base; we expect growth to be sustainable

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7 $5.000

$10.000

$12.000

Indonesia Thailand Philippines

Net Adspend as a Percentage of GDP (2011)

Source: Media Partners Asia 2012

In USD/spot

0,9%

0,7% 0,7%

0,6%

0,6% 0,5% 0,5%

0,4% 0,4%

0,3% 0,3% 0,3% 0,3%

0,2%

Price of 30 seconds prime time spot in the region

Net adspend as % of GDP is the lowest in the region indicating solid growth potential

The price for a 30 seconds prime time spot is cheap compare to other ASEAN countries

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Demand (More brands advertising on TV)

41%

22% 24%

10% 3%

MNC Group EMTEK Trans Corp Visi Media Other

Prime time advertising slots are limited; strong demand for advertising

Local brands have been aggressive in advertising to compete with multi national companies

We expect automotive and financial companies to increase TV advertising budget

Source: Nielsen Prime time all demographic Feb 2013

Limited supply: Only 10 FTA TV stations

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100% 100% 100% 99% 98% 97% 94% 93%

Korea Japan Singapore Hong Kong Malaysia Australia China Thailand Taiwan Vietnam Philippines India Indonesia 2010F 2014F

9 Source: Media Partners Asia 2010 Source: Media Partners Asia 2010

Asia Pacific TV Penetration of Total Households (2010F-2014F)

5,7

5,8

5,9

6,0 6,0

2010F 2011F 2012F 2013F 2014F

18,0% 20,5%

23,7%

27,1%

30,2%

2010F 2011F 2012F 2013F 2014F

Low Penetration Rates in Key Segments

Millions

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Indonesia’s Media Advertising Market Share

2016F

Source: Media Partners Asia 2012

2012

TV; 69.1% Newspaper,

20.7%

Magazine; 2.9%

Online; 3.6% OOH; 2,2%

Radio; 1,5%

TV; 70,4% Newspaper,

17.5%

Magazine; 2,4%

Online; 6,5%

OOH; 2,0% Radio; 1,2%

Given the infrastructure constraint, TV is the only medium to reach a mass audience. TV advertising is expected to maintain a dominant market share

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Section 2

MNC Update

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The Largest Integrated Media Company in Indonesia

RCTI MNCTV Global TV Radio

MNC

Pictures Tabloid & Magazine

MNC Networks Star Media

Nusantara

MNC Channels

Content library contains more than 130,000 hours and increasing by

Sindo Media Others

Free-To-Air TV

Tabloid & Magazine

National & Regional

News

More channels will be added

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13

Our 4 key growth drivers

RCTI, the #1 TV station, will drive the

overall industry growth

Successfully turned around MNCTV;

higher ad rates to follow.

Focus to improve ratings at Global TV

17 exclusive channels on MNC Skyvision

to generate ad revenue

Rebrand 38 local TV stations as 4th

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100%

65%

31%

Competitor MNC TV Global TV

RCTI has consistently been the # 1 TV station in

Indonesia since its inception in 1989.

RCTI, MNC TV and Global TV cumulatively

control 40%

audience share during prime time

In 2012, our group experienced 22.0%

advertising revenue growth, outperforming the

industry growth rate of 15.5%, driven by RCTI

and MNC TV

Change in programming strategy paid off at MNC

TV. Viewership ranking jumped to #2 in 2012

from #6 in 2011. We see considerable scope for

increased advertising revenue at MNCTV as ad

rates are still much lower compare to RCTI

Focus is now to turnaround Global TV

Dominant TV Player in Indonesia

22,0%

15,5%

MNC Group Industry Peers

MNC ad revenue growth outperforming the industry

2012 advertising revenue growth

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15

Content is King

Content is the only way to capture audience share

and monetize advertising dollars

Indonesians love “

Sinetrons

” and we broadcast

many of the top drama series

We have licensed popular International programs

such as Master Chef, Indonesia Idol and X Factor

Exclusive programming with top Hollywood studios

More than 120,000 hours of content library and

increasing by more than 15,000 hours annually

We also have 16 MNC branded Pay TV Channels.

These channels are integral to our content strategy

Creating the best content is our top priority

“Content is where I expect much of the real money will be made on the Internet, just as it was in broadcasting. The television revolution that began half a century ago

spawned a number of industries, including the manufacturing of TV sets, but the long-term winners were those who used the medium to deliver information and entertainment.”

“Content is King” by Bill Gates in 1996

Source: Nielsen Monthly Prime Time All Demographic Audience Share

Primetime Nielsen TV stations ranking

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Talent Search

15/20

Animation

20/20

Housewives

14/20

Series

14/20

All Programs

16/20

Sports

16/20

Number of MNC’s Programs in the Top 20 for National FTA

TVs

(January to December 2012)

MNC’s TV Programs Dominate in all Genre

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17

MNC Drama Series occupied 7 out of 10 spots

Top 10 Drama Series in 2012 Station Rating Share

1 TUKANG BUBUR NAIK HAJI THE SERIES RCTI 5.2 21.7

2 TENDANGAN SI MADUN MNCTV 4.6 16.4

3 SI BIANG KEROK CILIK SCTV 4.4 19.8

4 SEPARUH AKU RCTI 4.3 17.2

5 BINAR BENING BERLIAN RCTI 4.1 15.9

6 FATHIYAH MNCTV 4.1 15.7

7 LOVE IN PARIS SCTV 3.9 15.3

8 TENDANGAN SI MADUN SEASON 2 MNCTV 3.8 18.0

9 RADEN KIAN SANTANG MNCTV 3.8 16.3

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Sports

Movies

Lifestyle

News

Entertainment

Kids

Soon

Local content

19

The most comprehensive Pay TV Channels lineup

We have the most comprehensive Pay TV channel lineup in Indonesia

Our customers prefer local content

Producing content in Bahasa Indonesia is our competitive advantage

We generate subscription revenue and advertising revenue

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Pay TV Channels to drive ad revenue for MNCN

OPPORTUNITIES

MNCN has produced and packaged 14 Pay

TV channels exclusively for MNC Sky Vision.

In return MNCN receives 100% ad revenue

MNC Sports, MNC Entertainment, MNC News

and MNC Business are # 1 ranked in their

respective categories versus International

peers

In 2013, we will add 4 more channels: MNC

Food & Travel, MNC Kids, MNC Home and

MNC Wedding

We expect MNC Channels to generate

meaningful advertising revenue as

subscribers grow

MNC Channels share of Pay TV audience

22%

78%

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1294

427

169 128 117

38

Kompas Seputar Indonesia

Koran Tempo

Republika Media Indonesia

Bisnis Indonesia

Strong Market Position with

Superior Content Capabilities (cont’d)

21 36 radio stations in 4 different formats

consistently ranked #1 or 2 in their respective genres / targeted audience

- Sindo Radio - #1 news station

- Radio Dangdut Indonesia - #2 station for middle / low income segments

- ARH Global - #1 choice amongst young listeners

- V Radio –female radio station

Leading Radio Stations in Indonesia

Source: Nielsen Media Research

In 5 years following the launch in

2005, Seputar Indonesia has become the 2nd largest newspaper in Jakarta and the 3rd largest in Indonesia

The remaining 5 of the top 6 newspapers in Indonesia have been in circulation for more than 30 years on average

Tabloids / magazines published by us are popular among readers

- Genie is the third largest tabloid by readership

Strong Presence in Print Media

Source: Nielsen Media Index, figures refer to circulation in Jakarta only

Wave #4 2010 Total Audience in Jakarta

1 SINDO RADIO 472.000

2 DELTA 159.000

3 PAS 149.000

4 SMART < 1.000

1 RDI 4.007.000

2 BENS 3.075.000

3 GEN FM 3.031.000

4 MEGASWARA 1.953.000

1 ARH GLOBAL 747.000

2 MUSTANG 579.000

3 PRAMBORS 443.000

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HaryTanoesoedibjo

CEO, MNC Group

21 years of relevant experience

 Group President & CEO of MNC since March 2004

 Founding shareholder and Group Executive Chairman of PT Bhakti Investam aTbk. since 1989

 Currently holds positions in several other companies, including Group President & CEO of PT Global Mediacom Tbk. since 2002, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group

 MBA degree from Ottawa University, Canada

 Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

Agus Mulyanto

Director

21 years of relevant experience

 Director of MNC since 2006 and a member of the Board of Commissioners of RCTI since 2008

 President Director, Senior Executive and a member of the Board of Directors of PT Surya Citra Televisi from 1989 to 2003

 Doctorate of Philosophy in Telecommunication Engineering, University of Wisconsin, Madison, USA (1982)

 Master of Science degree in Telecommunication Engineering with a Minor in Business Management from the University of Wisconsin, Madison, USA

 Degree in Electrical Engineering majoring in Telecommunication from Sepuluh Nopember Institute of Technology (ITS), Surabaya

Oerianto Guyandi

CFO, MNC Group

21 years of relevant experience

 Director of MNC since 2009 and Group CFO since 2008. Also CFO of PT Global Mediacom Tbk.

 Previously held several important positions such as Director/Vice President Director in PT MNC Sky Vision, PT Rajawali Citra Televisi Indonesia, and PT Global Informasi Bermutu

 Started his career in Public Accounting Firm Prasetio Utomo & Co. (Arthur Andersen) and Salim Group

 Bachelor degree in Economy in Accounting from the University of Indonesia and a Bachelor degree in Agricultural Engineering from Institute Pertanian Bogor in Indonesia

Nana Puspa Dewi

Director

24 years of relevant experience

 Joined MNC in 2007 after spending 21 years in the consumer goods industry with major FMCG companies such as Procter & Gamble, Mars Inc., Mayora and Cadbury

 Held different positions from Management Trainee, Brand Manager, GM Marketing, Country Manager and her last position prior to joining MNC was as Managing Director in Cadbury Indonesia

 Has many years of experience in market research, sales & marketing and general management

 Degree in Economy in Management from Udayana University, Indonesia

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Section 4

Financial Update MNC

(Audited FY 2011 & Unaudited 12M 2012)

(24)

4,86

Revenue Core Ebitda Total Assets Equity

12M2010 Audited 12M2011 Audited 12M2012 Audited

24

Financial Performance from 12M 2010 (

Audited)

until

12M 2012

(Audited)

12M 2010 to 12M 2012 Financials

12M 2010 to 12M 2012 Solvency Metrics

IDR trillion

Debt / Core EBITDA Debt / Equity Core EBITDA / Interest Core EBITDA Margin Core EBITDA Margin TVs Core EBITDA Margin RCTI

(25)

Segmental Overview

Revenue

25

12M 2012 (Unaudited)

12M 2011 (Audited)

Split by TV Network

Split by TV Network

82%

Non Ad Revenue

VAS

Non ad Revenue

VAS

(26)

93% Non ad Revenue VAS

Content

Segmental Overview

Core EBITDA

12M 2012 (Audited)

12M 2011 (Audited)

Split by TV Network

Split by TV Network

(27)

85% 3%

3% 8%

Advertising Content

Value Added Service Others

Revenue Core EBITDA Total EBITDA Net Income 12M2011 Audited 12M 2012 Audited

82% 2%

10% 6%

Financial Performance

12M 2012

(Audited)

27 Revenue Breakdown 12M 2011 & 12M 2012

12M 2012 (Audited) 12M 2011 (Audited)

+16%

+35%

+55% +33%

IDR billion 12M 2011 12M 2012 %chg

Revenue 5,390 6,265 16%

Advertising 4,418 5,351 21%

Content 93 197 111%

Value Added Services 536 217 -60%

Others 343 500 46%

Operating expenses 3,808 4,050 6%

Core EBITDA 1,791 2,375 33%

Total EBITDA 1,863 2,518 35%

Core EBITDA Margin 33% 38%

Total EBITDA Margin 35% 40%

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