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News Update

PRESTIGIOUS PROPERTY AWARDS GIVEN TO PT AGUNG PODOMORO LAND TBK (APLN)

Property & Bank Magazine awarded PT Agung Podomoro Land Tbk (APLN) two prestigious Indonesia Property & Bank Awards for 2011. The first for Property Man of the Year 2011 was awarded to Mr. Trihatma Kusuma Haliman, President Director and CEO of APLN for his dedication and achievement in the property sector in Indonesia. Minister of Housing, Suharso Manoarfa handed the award to Mr. Haliman, at the event which was held by the Property & Bank Magazine on Thursday, September 29, 2011. This is the sixth times this award was bestowed on Mr. Haliman. The second award was given to Podomoro City for the Best Superblock of the Year 2011.

The Central Park Mall Jakarta has also been declared as one of the finalists for the Asia Pacific Shopping Center Award by the International Council of Shopping Centers, Inc. (ICSC) in the category of Innovative Design and Development of a New Retail Project. ICSC’s Asia-Pacific Awards set the standard of excellence for the Asian retail real estate industry.

Further, the Central Park Mall Jakarta was also nominated as one of the candidates for the World Architecture Festival Award for Shopping and Shopping Centres category. Winners will be announced by the World Architecture Festival in Barcelona, Spain on November 4, 2011.

About PT Agung Podomoro Land Tbk

PT Agung Podomoro Land Tbk. has 16 (sixteen) subsidiaries in property sector in Jakarta, Karawang, Bandung and Bali. 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 investors and buyers, 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 34300

Email : wibisono@agungpodomoroland.com

Website: www.agungpodomoroland.com

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