Corporate Update August 2017

Listed & traded on the Indonesia Stock Exchange (IDX) IDX Ticker Code: BHIT www.mncgroup.com

PT MNC Investama Tbk

Disclaimer

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This material has been prepared by PT MNC Investama Tbk (the "Company") and is only for internal usage. 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.

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1. Corporate Overview

2. Media

3. Financial Services

4. Property

5. Financial Performance

Board of Commissioners PT MNC Investama Tbk

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Hary Tanoesoedibjo President Commissioner

Liliana Tanoesoedibjo Commissioner

Angela Herliani Tanoesoedibjo Commissioner

Kardinal Alamsyah Karim Independent Commissioner

Darpito Pudyastungkoro Independent Commissioner

Valencia Herliani Tanoesoedibjo Commissioner

Board of Directors PT MNC Investama Tbk

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Darma Putra President Director

Susanty Tjandra Sanusi Vice President Director &

Independent Director

Tien Director

Natalia Purnama Director

Henry Suparman Director

Jiohan Sebastian Director

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Corporate Structure

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1. Corporate Overview

2. Media

3. Financial Services

4. Property

5. Financial Performance

PT Global Mediacom Tbk (MNC Media) Corporate Structure

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Global Mediacom Tbk

Media Nusantara Citra Tbk

Content and Advertising Based Media

MNC Sky Vision Tbk PT MNC Kabel Mediakom

PT Sky Vision Network Subscription Based Media

Online Media

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The Largest Integrated Media Company in Southeast Asia

RADIO

PRINT ENTERTAINMENT

NEWS & SPORTS

SUPPORTING FREE-TO-AIR TV CONTENT

PAY-TV CHANNELS CONTENT LIBRARY TALENT

MANAGEMENT

Content library contains more than 300,000 hours and increasing by more than 15,000 hours per year

TALENT SEARCH/ NEWS/ VARIETY/ SPORTS

ANIMATION

IN HOUSE PRODUCTION UNITS

DRAMA/ MOVIES/ FTV

RCTI, MNCTV,

GlobalTV, iNewsTV

MNC Sports

Macro drivers support industry growth

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University 4%

Academy 3%

Senior High 29%

Junior High 19%

Elementary 23%

NA 22%

Population (2016) A Young Population : 80% - Below 50yr

Completed Education Level

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

60mn 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?

A1 3500 6% A2 2501-

3500 9%

B 1751-2500 20%

C1 1251-1750 26%

C2 901-1250 21%

D 601-900 13%

E <600 5%

0-1428%

15-2417%

25-5443%

55-647%

65+5%1,374

1,267

258103 68 31 23 6

Chin

a

India

Indo

ne

sia

Ph

ilippin

es

Th

aila

nd

Ma

laysia

Au

str

alia

Sin

ga

pore

Source: MPA 2016

in millions

Source: United Nations (2015)

Well-positioned in a Conducive Growth Environment

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Indonesia’s net ad spend as % of GDP is the lowest in the region, reflecting strong market growth

potential

Price for a 30 seconds prime time spot is cheap compared to other ASEAN countries

Net Ad Spend as a Percentage of GDP (2016)

Source: Media Partners Asia 2016

USD/spot

30 seconds prime time spot

$5,400 $5,950 $6,600 $10,600

$16,400

$40,000

$80,000

Indonesia Malaysia Vietnam Thailand Philippines Singapore Australia

Source: Media Partners Asia 2016

0.5%

0.5% 0.5%

0.4%

0.3%

0.2%

Vietnam Philippines Singapore Thailand Malaysia Indonesia

% of GDP

Industry Dynamics

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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

42%

26%

20%

10% 2%

MNCN

SCMA

VIVA

Trans

Others

Source: Nielsen Prime-Time all demography YTD June 2017

Limited Supply : Only 11 FTA TV stations

Indonesia’s Media Advertising Market Share

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Given the infrastructure constraint, TV is the only medium to reach a mass audience. TV advertising is

expected to maintain a dominant market share

Online advertising to take market share from Newspaper and Magazine

2022F 2017

Source: Media Partners Asia

Our Key Growth Drivers

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RCTI, MNCTV, and Global TV grow significantly outperforming the industry

iNewsTV a national network with focus on news, infotainment and sports

22 exclusive channels on MNC Sky Vision to generate ad revenue

Integrated TV studios has been completed in 2015, is set to increase production capacity

and quality of programming with efficient costs

Content is King

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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, Indonesian Idol and X Factor

Exclusive programming with top Hollywood studios

More than 300,000 hours of content library and

increasing by more than 15,000 hours annually

We also have 22 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 Prime-Time All Demographic 5+ Audience Share

Top 20 Drama Series as of April 2017

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• New comedy drama series produced by MNC Pictures “Dunia Terbalik” performed very strong topping the program charts.

• 6 out of the Top 20 program for June 2017 belongs to MNC

Source: Nielsen, ALL DEMO, 5+

Pay TV Business - MNC Sky Vision

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IDR 95k ARPU(4)

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Notes: 1 As of Dec 31, 2016 2 For the period 2010-2016 3 MNA Estimation 1H 2016 4 Monthly average for the period Jan-Dec 2016

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115 Branches

Extensive In-house

Distribution and

Sales Network

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Indovision

Anywhere

OTT Services

2.5 MM Subscribers(1)

1 2

20.8% Subscriber

CAGR(2)

3

Nationwide Coverage

Using S-band & DTH

Technology

4

64% Market

Share(3)

6

0.99% Churn Rate(4)

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138 Channels

36 Exclusive

Channels

8

Exclusive

Our Pay TV 3 Most Important Competitive Advantages

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Has 115 branches across Indonesia

The only provider that owns satellite with S-band technology

138 channels with 36 exclusive channels; 22 MNC branded

channels

Broadband Business - MNC Play

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IDR 251k ARPU

Residential(3)

5

3

116k Residential

Customer(1)

4

235 Enterprise

Customer (1)

7 Up to

1 Gbps Internet speed

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162 Channels

2

Available in

6 Cities(1)

1

1000k Homes

Passed(1)

6

0.98% Monthly Churn

Rate(2)

Notes: 1 As of Dec 31, 2016 2 2016 Average 3 ARPU monthly average for the period Jan-Dec 2016

Superior Broadband and Pay TV Product Offerings

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Fastest Internet

Connection Light Speed Upload & Download

Modern Fiber with Latest

Wi-Fi Technology

100% Fiber Optic

The most sophisticated Pay

TV offering You will not miss watching your favorite

broadcast

Video On Demand feature

178 SD and HD Channels

Television On Demand

Pause, Play and Rewind For

All Channels

Watch on Mobile Devices

anytime and anywhere

Android Set-Top-Box

Light Speed Upload

and Download 1

Gbps

Symmetrical Speed Upload

and Download

Network Capability up to

10 Gbps

Media Sharing Readiness

Online Media – Exciting Opportunities

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Letang (www.joymeng.com) a fast growing mobile games company in China.

Okezone.com is an online portal of news and entertainment focusing on Indonesian readers both in the homeland and those living abroad. Currently www.okezone.com receives more than 3 mio unique daily visitors.

MNC Shop, Joint Venture with GS Home Shopping No.1 Home Shopping Channels. The first 24 hours integrated TV and online shopping service in Indonesia.

MNC Media - Company Advantage

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The Media Industry

Still Growing

• Media penetration in Indonesia is still low.

• The percentage of ad spend in Indonesia is still low and is projected to

increase along with rising advertising demand

• Advertising rates in media in Indonesia is relatively inexpensive compared

with other countries, suggesting that the potential rate increase in the

future.

1

Largest &

Integrated Media

Company

• The Company is the Largest Media Company in Indonesia with various

subsidiaries and integrated media, as well as having synergy in increasing

revenue.

• The growth of Company-owned media such as RCTI, MNCTV, and Global

TV is higher than the average of the media industry

2

Content with

Significant Market

Share

• Company broadcast the event with content that is highly appreciated by

the public to maintain market share and advertising revenue.

• The Company has an in-house production division to continue creating

events and content productively (over 15,000 content annually)

3

Experienced

Management Team

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• The Company's management has the expertise and experience to

continue to develop the company's business

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1. Corporate Overview

2. Media

3. Financial Services

4. Property

5. Financial Performance

PT MNC Kapital Indonesia Tbk (MNC Financial Services) Corporate Structure

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Capitalizing on Distinctive Advantages to Achieve High Growth

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2

3

4

Strong Impact of the MNC Brand

Synergies

Managed by Professionals with a Proven Track Record

Low Penetration Rates

1

5

6

Providing “One Stop” Integrated Financial Services (Integrated Branch)

Owning An Integrated Digital Infrastructure

“Strong Impact of the MNC Brand”

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The Largest & The Most Integrated

Media Group in South-East Asia

Ability to rapidly expand distribution agents resulting in high growth in Gross Premiums

Ability to rapidly forge business partnerships with authorized dealerships

Highly credible to financial institutions & individuals

Ability to attract, recruit & retain the best talents

Synergy

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Benefitting from the expansions of MNC Land

Strong exposure for promotions of products & services Capitalizing on MNC Sky Vision’s 2,6 million subscribers

and increasing by 600,000 per year as well as the client data base from MNC Shop and Play Media

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1. Corporate Overview

2. Media

3. Financial Services

4. Property

5. Financial Performance

Business Profile

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A proven track record in managing various category of investment properties. Next, the Company is focusing on developing the following segments :

MNC Lido City, Integrated Lifestyle & Entertainment hub

MNC Bali Resort, Integrated Lifestyle & Entertainment hub

MNC City, Smart City in Jabodetabek area

Property Services General Properties (office building, high-rise residential,

upscale hotel, high-end retail)

Investment Portfolio (Partial ownership in PT Plaza

Indonesia Realty Tbk)

MNC Lido City – Established Cooperation

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SIGNING WITH THE TRUMP ORGANIZATION

• In August 2015, MNC Land signed an agreement with The Trump Organization to operate the luxury high-end components of Lido development

SIGNING WITH KOREA LAND & HOUSING

• In October 2015, MNC Land signed a cooperation agreement with Korea Land & Housing (Korea LH) to jointly develop a future urban development in Lido

SIGNING WITH KAIA

• In March 2016, MNC Land signed an MoU with Korea Agency for Infrastructure Technology Advancement (KAIA) and INDAKO to develop World Class Smart City Infrastructures in Lido.

SIGNING WITH METALLURGICAL CORPORATION OF CHINA LTD. (MCC GROUP)

• On 17th June 2016, MNC Land signed an Engineering, Procurement and Construction Framework Agreement with MCC Group for the development of a world-class theme park resort in Lido.

SIGNING WITH MINISTRY OF ENVIRONMENT AND FORESTRY

• In October 2015, MNC Land signed an MoU with the Ministry of Environment and Forestry to jointly manage the national park encompassing over 300 ha of tropical forest .

Other Engagement

MNC Lido City – World-Class Theme Park Resort

• Over 30 attractions including exciting rides and spectacular shows

• Immersive original stories and designs weaving in elements of Indonesia’s topography and rich cultural heritage with standards of entertainment, quality, and service exceeding all expectations

• Managed by international industry experts with over 100 years of collective experience across 15 countries and industry leaders including Disney, Universal, and Ocean Park

• Strategic programming includes new attraction development every 3-5 years, seasonal events, MICE & corporate packages, hotel & partnership programs, annual pass, etc.

• Convenient transportation to and from the rest of the integrated resort

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MNC Bali Resort – Lifestyle Excellence

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Situated in the heart of Bali’s magnificent southwest coast, MNC Bali Resort sits in close proximity to some of Bali’s most famed attractions. The location is approximately 27 km or an hour drive from the Ngurah Rai International Airport.

The development is located in a spacious 106-hectare area in Tabanan, West Bali – one of the largest resort developments in Bali

A perfect location for luxury living that offers breathtaking views of the Indian Ocean and Tanah Lot, the most sacred temple in Bali, framed by a spectacular panorama of endless sea

Bali is consistently voted as one of the world’s best islands with the latest awards came from the Travel+Leisure Magazine and Bali was voted as the World’s Best Awards-Top Islands No. 5 in 2014

In August 2015, MNC Land signed an agreement with The Trump Organization to manage the newly redesigned resort

The Government is planning to develop a new toll road from Kuta to Gilimanuk, passing by Tanah Lot

MNC City – Future Livable City

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MNC City is a future Smart City in Jabodetabek area, a new city concept where integrated information technology is immensely used to improve the efficiency of city services in providing solutions for the residents

The location permit of this area has been secured by the Company for approx. 3,000 ha

Currently, MNC City location can be reached via toll road as well as by railway. Future transportation facilities include MRT, dedicated LRT and BRT Lines which are integrated with SMART Technologies and Shuttle Service to Jakarta

The project is currently under conceptual masterplan design stage

Business model : Development income and Recurring income

v

v

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1. Corporate Overview

2. Media

3. Financial Services

4. Property

5. Financial Performance

ASSETS LIABILITIES EQUITY

2015 54,466,753 31,655,307 22,811,446

2016 57,072,251 32,902,276 24,169,975

0

10

20

30

40

50

60

*) As restated

**) including current and non current liabilities of PT MNC Kapital Indonesia Tbk and its subsidiaries

PT MNC INVESTAMA TBK CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2016 AND 2015 (AUDITED)

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(in million Rupiah)

Descriptions December 31, 2016 *)

December 31, 2015*)

% Change

ASSETS Current Assets 21,100,645 21,683,011 -2.69% Non Current Assets 35,971,606 32,783,742 9.72% Total Assets 57,072,251 54,466,753 4.78% LIABILITIES AND EQUITY Current Liabilities**) 19,201,800 19,379,657 -0.92% Non Current Liabilities**) 13,700,476 12,275,650 11.61% Total Liabilities 32,902,276 31,655,307 3.94% Non-controlling interests 12,060,405 12,394,059 -2.69% Total Equity 24,169,975 22,811,446 5.96% Total Liabilities & Equity 57,072,251 54,466,753 4.78%

4.78%

IDR

Mill

ion

Total Net Revenues Operating Income EBITDA Net Profit (Loss)

FY2015 12,932,439 2,026,397 3,438,405 (584,982)

FY2016 13,100,421 2,161,165 3,683,902 876,713

(2,000,000)

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS FOR THE YEARS ENDED 2016 AND 2015 (AUDITED)

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Descriptions December 31, 2016*)

December 31, 2015*)

∆ % Media 10,499,246 10,461,231 0.36% Financial Institutions 2,015,030 1,889,256 6.66%

Others 586,145 581,952 0.72% Total Net Revenues 13,100,421 12,932,439 1.30%

Operating Income 2,161,165 2,026,397 6.65%

EBITDA 3,683,902 3,438,405 7.14%

Net Profit (Loss) 876,713 (584,982) 249.87%

1.30%

IDR

Mill

ion

(in million Rupiah)

*) As restated

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BHIT SEGMENTAL OVERVIEW – REVENUE CONTRIBUTION, FY2015 - FY2016

Revenue FY2015 Revenue FY2016

Media 80.9%

Financial Services 14.6%

Others 4.5%

Media 80.1%

Financial Services 15.4%

Others 4.5%

*) As restated

**) including current and non current liabilities of PT MNC Kapital Indonesia Tbk and its subsidiaries

ASSETS LIABILITIES EQUITY

FY2016 57,072,251 32,902,276 24,169,975

1H2017 56,950,675 32,635,776 24,314,899

0

10

20

30

40

50

60

IDR

Mill

ion

PT MNC INVESTAMA TBK CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 1H2017 & FY2016 (UNAUDITED)

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(in million Rupiah)

Descriptions 1H2017 FY2016*)

∆ %

ASSETS Current Assets 20,901,752 21,100,645 -0.9% Non Current Assets 36,048,923 35,971,606 0.2% Total Assets 56,950,675 57,072,251 -0.2%

LIABILITIES AND EQUITY Current Liabilities **) 18,275,111 19,201,800 -4.8% Non Current Liabilities**) 14,360,665 13,700,476 4.8% Total Liabilities 32,635,776 32,902,276 -0.8%

Non-controlling interests 12,218,198 12,060,405 1.3% Total Equity 24,314,899 24,169,975 0.6% Total Liabilities & Equity 56,950,675 57,072,251 -0.2%

-0.2%

Net Revenues Income from operations EBITDA Net Income

1H2016 6,729,649 1,689,602 2,422,522 1,192,691

1H2017 6,876,163 1,734,693 2,558,160 587,695

-

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS 1H2017 & 1H2016 (UNAUDITED)

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Descriptions 1H2017 1H2016 ∆ %

Media 5,135,237 5,177,546 -0.8% Financial institutions 1,216,706 1,077,703 12.9%

Others 524,220 474,400 10.5% Total net revenues 6,876,163 6,729,649 2.2%

Income from operations 1,734,693 1,689,602 2.7%

EBITDA 2.558.160 2.422.522 5.6%

Net Profit 587,695 1,192,691 -50.7%

2.2%

IDR

Mill

ion

(in million Rupiah)

40

BHIT SEGMENTAL OVERVIEW – REVENUE CONTRIBUTION, 1H2017 – 1H2016

Revenue 1H2016 Revenue 1H2017

Media 74.7%

Financial institutions

17.7%

Others 7.6%

Media 76.9%

Financial institutions

16.0%

Others 7.1%

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Thank You

PT MNC Investama Tbk MNC Financial Center 21st Floor Jl. Kebon Sirih No. 21-27 Jakarta 10340, Indonesia Tel. +62-21 2970 9700 Fax. +62-21 3983 6886 Email: ir.bhit@mncgroup.com www.mncgroup.com