Investor Summit & Capital Market Expo The Ritz-Carlton Pacific Place Jakarta, 05 October 2011

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Investor Summit

& Capital Market Expo 2011

The Ritz-Carlton Pacific Place

Jakarta, 05 October 2011

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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.

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Relaying copies of this presentation to other persons in your company or elsewhere is prohibited.

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Daftar Isi

Data Finansial

3 Jasa Marga: Operator & Investor Jalan Tol yang Terkemuka

8 Proyek-proyek Baru Jasa Marga

11 Modernisasi Pengoperasian dan Pelayanan Jalan Tol

15 Struktur Kepemilikan Saham

27 Prognosa 2011

29 Tanggung Jawab Sosial Perusahaan

24

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Data Finansial

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Ikhtisar Keuangan Semester 1 2011

Indikator

Dibandingkan 1H2010

Keterangan

1. Pertumbuhan Lalu Lintas

13,04%

Didukung pertumbuhan lalu lintas ruas

Jagorawi, BORR dan Jakarta-Cikampek.

2. Pendapatan

10,72%

CAGR 2006-2010 sebesar 17,5%.

3. Laba Usaha

12,0%

Laba Usaha meningkat dari 1.096,0 miliar_{(1H2010) menjadi 1.277,6 miliar (1H2011).}

4. EBITDA

10,6%

EBITDA meningkat dari 1.363,4 miliar_{(1H2010) menjadi 1.508,4 miliar (1H2011).}

5. Laba Bersih

16,0%

Marjin Laba Bersih meningkat dari 30,8%

(1H2010) menjadi 31,8% (1H2011).

6. Marjin EBITDA

1,4%

Marjin EBITDA turun dari 64,8% (1H2010)

menjadi 63,9% (1H2011).

7. Marjin Operasi

0,2%

Marjin Operasi turun dari 52,1% (1H2010)

menjadi 52,0% (1H2011).

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Ikhtisar Laba Rugi

5

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Ikhtisar Neraca

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Ikhtisar Marjin 2005-2010

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Jasa Marga: Operator & Investor

Jalan Tol yang Terkemuka

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Volume Lalu Lintas Transaksi per Ruas

9

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10 Pendapatan Tol per Cabang

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Proyek-proyek Baru Jasa Marga

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Proyek Jalan Tol Baru Jasa Marga

Ruas

Masa

Konsesi

(s.d.

Tahun)

Panjang

(km)

Biaya

Investasi

(Rp Triliun)

Kepemilikan

Jasa Marga

1. Bogor Outer Ring Road

2054

11,0

0,98

55%

2. Gempol-Pasuruan

45 tahun*

34,15

2,77

80%

3. Semarang-Solo

2055

75,7

6,01

60%

4. JORR W2 Utara

2044

7,7

2,15

65%

5. Cengkarang-Kunciran

35 tahun*

14,9

3,50

75%

6. Kunciran-Serpong

35 tahun*

15,2

2,55

60%

7. Surabaya-Mojokerto

2049

36,3

3,20

55%

8. Gempol-Pandaan

35 tahun*

13,6

1,20

52,05%

9. Nusa Dua-Ngurah Rai-Benoa

50 tahun*

10,0

2,30

60%

TOTAL

214,85

24.66

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Jalan Tol Gempol-Pandaan

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Jalan Arteri/Non Tol Eksisting

Surabaya-Malang

Rencana Jalan Tol Gempol-Pandaan (13,61 km) Jalan Arteri/Non Tol Eksisting Gempol-Pasuruan

Rencana Jalan Tol Gempol-Pasuruan

Jalan Tol Gempol-Pandaan

1. Panjang

: 13,61 km

2. Biaya Investasi

: Rp 1,2 triliun

3. Volume Lalu Lintas

(2015)

: 23.200

kendaraan/hari

4. Tarif Awal (2013)

: Rp 607/km

5. Masa Konsesi

: 35 tahun sejak

SPMK

6. IRR

: 17,15 %

7. Sistem Operasi

: Tertutup

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Jalan Tol Nusa Dua-Ngurah Rai-Benoa

1. Panjang

: 10 km

2. Biaya Investasi

: Rp 2,3 triliun

3. Konsorsium

• PT Jasa Marga

• PT Pelindo III

• PT Angkasa Pura I

• PT Wijaya Karya

• PT Adhi Karya

• PT Hutama Karya

• PT Pengembangan

Pariwisata Bali

: 60%

:20%

:10%

:5%

:2%

:1%

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Modernisasi Pengoperasian dan

Pelayanan Jalan Tol

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Modernisasi Sistem Transaksi

1. Transaksi e-Toll Card

Jumlah transaksi e-Toll Card terus meningkat sejak

pertama kali diluncurkan pada awal tahun 2009.

Transaksi e-Toll Card (ribu kendaraan)

*)

*) 5.30% dari total transaksi pada ruas yang

bersangkutan

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Modernisasi Sistem Transaksi (lanjutan)

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No.

Ruas

Tahun

Keterangan

1 Cawang-Tomang-Pluit

2008

Beroperasi

2 Prof. Dr. Ir. Sedyatmo

2008

Beroperasi

3 Padaleunyi

2011

4 Cipularang

2011

5 Jakarta-Cikampek

2011

Uji Coba sejak 2010

6 Palikanci

2011

7 Jagorawi

2011

8 Surabaya-Gempol

2011

9 Semarang

2011

10 Jakarta Outer Ring Road

2011

Beroperasi

11 Jakarta-Tangerang

2012

12 Belmera

2011

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Modernisasi Sistem Transaksi (lanjutan)

2. Gardu Tol Otomatis

Seiring

dengan

diterapkannya

e-Toll

Card

secara

bertahap, Jasa Marga akan menggunakan Gardu Toll

Otomatis (GTO) di semua gerbang tolnya.

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Modernisasi Pelayanan

1. CCTV

Pemasangan CCTV di lokasi-lokasi strategis pada jalan

tol Perseroan sebanyak 152 buah untuk mendukung

informasi kondisi lalu lintas secara real time.

2. Variable Message Sign (VMS)

VMS ditempatkan di 20 lokasi strategis sebagai informasi

bagi pengguna jalan tol.

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Modernisasi Pelayanan (lanjutan)

3. Jasa Marga Traffic Information Center (JMTIC)

Jasa Marga Traffic Information Center (JMTIC) memantau

kondisi

titik-titik

strategis

dan

menginformasikan

ke

pengguna jalan (atau petugas) secara real time.

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Modernisasi Pelayanan (lanjutan)

4. Akses Informasi secara Online

Informasi Lalu Lintas Secara Real Time dapat diakses

melalui

9 Mobile phone melalui

http://m.jasamargalive.com

9 Akses internet melalui

http://www.jasamargalive.com

21 http://m.jasamargalive.com http://www.jasamargalive.com

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Pelebaran dan Pemeliharaan Jalan Tol

Perseroan terus menambah lajur pada jalan tol yang telah

mencapai kepadatan lalu lintas tertentu.

Perseroan juga senantiasa melakukan pemeliharaan jalan

tol demi keamanan dan kenyamanan pengguna jalan tol.

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Pemindahan Gerbang Tol

Untuk meningkatkan kelancaran, Perseroan memindahkan

beberapa gerbang tolnya ke arah luar kota.

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Gerbang Tol Cikarang Utama

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Tanggung Jawab Sosial

Perusahaan

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Penghutanan Wilayah Jalan Tol

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Jasa Marga bertekad untuk

menghutankan seluruh koridor

jalan tolnya

Jasa Marga telah

melakukan kegiatan

penanaman pohon secara

lebih terencana sejak tahun

1987.

Selama tahun 2010, Jasa

Marga telah mengeluarkan

biaya sebesar Rp 10,62

miliar untuk Program

Penghutanan dan telah

menanam 319 ribu pohon.

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CSR Jasa Marga

Program CSR Jasa Marga dikembangkan dan dilaksanakan

ke arah peningkatan kualitas hidup masyarakat di sekitar

jalan tol Perseroan dengan fokus pada:

Bantuan pendidikan dan kesenian

Bantuan kesehatan

Bantuan fasilitas ibadah

Bantuan terhadap bencana alam

Program Kemitraan

Penyusunan dan Penerbitan Buku

“Aku Tertib Berlalu Lintas” untuk didistribusikan

ke Sekolah Dasar

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Struktur Kepemilikan Saham

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Prognosa 2011

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Prognosa 2011

Target manajemen Jasa Marga untuk tahun 2011 adalah

sebagai berikut:

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Penghargaan

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Penghargaan-penghargaan

2007 SOE of the Year in Non-Financial Category for

Construction & Infrastructure Sector from

Investor magazine.

2008 IFRA (Indonesia Financial Reporting Award) from BAPEPAM-LK.

2009 Trusted Company based on Investors’ and Analysts’ Assessment Survey and Trusted Company based on Corporate Governance

Perception Index (CGPI) Assessment

organized by SWA magazine.

2010 Service Quality Award 2010 and Call Center Award 2010 from Marketing magazine; and Investor Awards Best Listed Companies

2010 from Investor magazine; Trusted

Company based on Investors’ and Analysts’ Assessment Survey and Trusted Company based on Corporate Governance Perception Index (CGPI) Assessment organized by SWA magazine.

2011 Service Quality Award 2011 and Call Center Award 2011 from Marketing magazine; and Investor Awards Best Listed Companies

2010 from Investor magazine; Corporate

Image Award 2011 from Bloomberg Businessweek and Frontier Consulting Group.

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Some of the statements in this document contain “forward looking” statements with respect to the financial conditions, results of operations and business, economic conditions, sectors conditions, traffic conditions, and related plans and objectives. These Statements do not directly or exclusively relate to historical facts and reflect the Company’s current intentions, plans, expectations, assumptions and belief about future events. The statements involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those in the statements as originally made. Such statements are not, and should not be construed as a representation to future performance of the Company. Readers are urged to view all forward looking statements contained herewith with caution.

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