PUBLIC EXPOSE PT Adhi Karya (Persero) Tbk. Jakarta 23 April 2015

PUBLIC EXPOSE PT Adhi Karya (Persero) Tbk. Jakarta 23 April 2015

PROFILE PERUSAHAAN 1960 1974 2004 July 2011 PN Adhi Karya nasionalisasi Dutch Company Associate N.V. PN Adhi Karya berubah menjadi PT Adhi Karya (Persero) PT Adhi Karya (Persero) Go Public 18 Maret 2004 ADHI, BUMN Konstruksi pertama yang melantai di BEI TRANSFORMASI ADHI : Perubahan Visi & Misi Penetapan RJPP 2012-2016, 5 Lini Bisnis [KONSTRUKSI, EPC, PROPERTI, REAL ESTATE, INVESTASI INFRASTRUKTUR] Restrukturisasi Organisasi Pendirian ADHI Learning Center Tata Nilai Perusahaan: Bekerja Cerdas Jujur Bertanggung Jawab Corporate Culture Bersahaja 2015 2014 2013 2012 Memperoleh Persetujuan PMN untuk Penyelenggaraan Transportasi Massal Berbasis Rel beserta Stasiun dan Properti Pendukung Pendirian Anak Perusahaan MoU (Konsorsium Transportasi Massal BUMN) Grandhika Blok M Hotel Pembangunan Pabrik Precast Pendirian Anak Perusahaan 2

LINI BISNIS KONSTRUKSI Gedung Bandara Pelabuhan Jalan & Jalan Tol Jembatan Sumber Daya Air Perkeretaapian EPC Power Plant Industri Oil & Gas PROPERTI & REALTI Apartemen Perkantoran Kondotel TOD PROPERTI Properti Stasiun Pendukung INVESTASI Manufaktur Precast Concrete Transportasi IPP Hotel Operation APG PMU Power APP Divisi TOD Properti Divisi Precast Divisi Konstruksi 1-7 PMU Oil & Gas PMU EPC SPC Transportasi SPC IPP SPC Hotel 3

DEWAN KOMISARIS Imam Santoso Ernawi Komisaris Utama Bobby Achirul Awal Nazief Komisaris Wicipto Setiadi Komisaris Rildo Ananda Anwar Komisaris Muchlis Rantoni Luddin Komisaris Independen Hironimus Hilapok Komisaris Independen 4

DIREKSI Kiswodarmawan Direktur Utama Supardi Direktur BEP Adji Satmoko Direktur Djoko Prabowo Direktur Giri Sudaryono Direktur Pundjung Setya Brata Direktur 5

KEPEMILIKAN SAHAM SAHAM BEREDAR 1.801.320.000 PEMERINTAH 918.680.000 PUBLIK 882.640.000 FY2013 12M14 10% 51% 38% 39% 51% 11% Pemerintah Lokal Asing 6

PERGERAKAN SAHAM ADHI 2 JANUARI 31 DESEMBER 2014 6,000 IDX ADHI 5,178 5,000 4,327 4,000 3,480 3,000 1,540 2,000 1,000-02/01/14 02/02/14 02/03/14 02/04/14 02/05/14 02/06/14 02/07/14 02/08/14 02/09/14 02/10/14 02/11/14 02/12/14 7

LAPORAN LABA (RUGI) (in million IDR) 2013 audited % 2014 audited Revenue 9,799,598 100.0% 8,653,578 100.0% Cost of Contract (8,606,444) -87.8% (7,655,376) -88.5% Gross Profit 1,193,155 12.2% 998,202 11.5% Profit (Loss) JO 54,557 0.6% 18,386 0.2% Gross Profit after JO 1,247,711 12.7% 1,016,588 11.7% Operating Expense (328,961) -3.4% (361,179) -4.2% Operating Profit 918,751 9.4% 655,409 7.6% Other Income (Expense) (96,467) -1.0% 75,673 0.9% E B I T 822,283 8.4% 731,082 8.4% Interest Expense (107,919) -1.1% (136,530) -1.6% E B T 714,365 7.3% 594,552 6.9% Tax (305,927) -3.1% (267,896) -3.1% E A T 408,438 4.2% 326,656 3.8% Min. Int. in Subs. (2,461) 0.0% (2,585) 0.0% Net Income 405,977 4.1% 324,071 3.7% % 8

NERACA (in million IDR) 2013 audited % 2014 audited Cash & Bank 1,939,960 20.0% 811,412 7.8% Receivables 4,736,454 48.7% 5,512,879 52.7% Inventory 1,057,844 10.9% 1,221,426 11.7% Advance Payment 226,061 2.3% 183,608 1.8% Other Current Assets 1,139,148 11.7% 1,754,974 16.8% Current Asset 9,099,467 93.6% 9,484,299 90.7% Fixed Asset - Net 271,257 2.8% 496,096 4.7% Other Non Current Asset 350,238 3.6% 478,487 4.6% TOTAL ASSETS 9,720,962 100.0% 10,458,882 100.0% % Account Payables 4,767,420 49.0% 4,923,213 47.1% Contract Advances 705,176 7.3% 542,669 5.2% Bank Loans & Bonds 1,708,776 17.6% 2,269,129 21.7% Other Liabilities 991,127 10.2% 972,328 9.3% TOTAL LIABILITIES 8,172,499 84.1% 8,707,338 83.3% Min. Int. in Subs. 9,234 0.1% 6,959 0.1% EQUITY 1,539,229 15.8% 1,744,584 16.7% TOTAL LIAB. & EQUITY 9,720,962 100.0% 10,458,882 100.0% 9

ARUS KAS (in million IDR) 2013 audited 2014 audited Cash Flow From Operating Activities Total Cash Receipts 11,100,703 8,580,336-22.7% Total Cash Payments (10,529,866) (9,558,567) -9.2% Total Cash Flow From Operating 570,837 (978,231) -271.4% Cash Flow From Investment Activities (298,862) (587,941) 96.7% Cash Flow From Financing Activities Financing 672,938 315,790-53.1% Dividend Payment (42,318) (121,793) 187.8% Total Cash Flow From Financing 715,256 437,584-38.8% Net Increase of Cash and Cash Equivalents 987,232 (1,128,589) -214.3% Cash And Cash Equivalents At Beginning Of Period 948,846 1,939,960 104.5% Restricted Cash Effect in Foreign Exchange - Net 0 3,882 0 41 - Cash And Cash Equivalents At End Of Period 1,939,960 811,412-58.2% %G 10

KONTRAK BARU, PENDAPATAN USAHA & LABA BERSIH 2010-2014 in million IDR Carry Over New Contract Order Book Sales Net Income 16,279 18,297 20,071 17,964 6,753 11,143 11,864 5,675 6,695 8,693 9,604 4,390 4,415 189 182 212 7,628 9,217 10,854 406 9,800 8,744 9,220 324 8,654 2010 2011 2012 2013 2014

ANAK PERUSAHAAN Anak Perusahaan Domisili Bidang Usaha Kepemilikan Tahun Operasi Komersial PT Adhi Persada Properti Jakarta Properti 99,00% 2002 PT Adhi Persada Realti Jakarta Realti 99,97% 2008 PT Adhi Persada Beton Jakarta Industri Beton Pracetak 99,00% 2014 PT Adhi Persada Gedung Jakarta Konstruksi Gedung 99,00% 2014 12

UPDATE LINI BISNIS KONSTRUKSI EPC PRECAST 13

PROYEK-PROYEK KONSTRUKSI Jalan Tol Gempol Pasuruan Jembatan Mojokerto Jalan Tol Gempol Pandaan Jetty Halmahera Timur 14

PROYEK-PROYEK KONSTRUKSI Wonogiri Spillway Dermaga Teluk Lamong 15

PT ADHI PERSADA GEDUNG -sedang berjalan- 18 Office Park United Tractor Head Office Kementerian Pemberdayaan Perempuan The Convergence Indonesia Andalan Finance Showroom and Head Office 16

PT ADHI PERSADA GEDUNG -sedang berjalan- CBC Lot 12 RS Budi Asih Sahira Butik Hotel Masjid Kementerian BUMN 17

PT ADHI PERSADA BETON 18

UPDATE LINI BISNIS PROPERTI REALTI HOTEL 19

PROYEK PENGEMBANGAN PROPERTI 2014 Grand Taman Melati Margonda Taman Melati Jatinangor Luas Lahan (m 2 ) ± 1.740 Properti Apartemen Luas Gedung (m 2 gross) 20.272 Luas Area yang Dapat Dijual (m 2 ) 14.968 Total Unit 513 Periode Pembangunan 2 tahun Grand Dhika City Bekasi Cempaka Tower Luas Lahan (m 2 ) ± 6.247 Properti Apartemen Luas Gedung (m 2 gross) 32.293 Luas Area yang Dapat Dijual (m 2 ) 27.152 Total Unit 914 Periode Pembangunan 2,5 tahun Luas Lahan (m 2 ) ± 4.645 Properti Apartemen Luas Gedung (m 2 gross) 19.459 Luas Area yang Dapat Dijual (m 2 ) 17.849 Total Unit 758 Periode Pembangunan 2-3 tahun 20

PROYEK PENGEMBANGAN PROPERTI 2014 Taman Melati Surabaya @MERR Taman Melati Sinduadi, Yogyakarta Luas Lahan (m 2 ) ± 5.239 Properti Apartemen dan SOHO Luas Gedung (m 2 gross) 23.715 Luas Area yang Dapat Dijual (m 2 ) 19.902 Total Unit 781 Periode Pengembangan 2,5 tahun Luas Lahan (m 2 ) ± 5.756 Properti Apartemen Luas Gedung (m 2 gross) 53.562 Luas Area yang Dapat Dijual (m 2 ) 32.624 Total Unit 1.130 Periode Pembangunan 3 tahun Soho Taman Melati Sinduadi, Yogyakarta

PROYEK PENGEMBANGAN PROPERTI 2015 Taman Melati Sardjito, Yogyakarta Grand Dhika Jatiwarna Luas Lahan (m 2 ) ± 38.415 Properti Mixed Use Perkantoran, Mal, Hotel, Ballroom, Apartemen Luas Gedung (m 2 gross) ± 130.000 Luas Area yang Dapat Dijual (m 2 ) ± 115.000 Total Unit ± 1.700 Periode Pembangunan 5 tahun Grand Dhika Jatiwarna Emerald Tower Luas Lahan (m 2 ) ± 4.941 Properti Apartemen dan SOHO Luas Gedung (m 2 gross) 22.132 Luas Area yang Dapat Dijual (m 2 ) 20.135 Total Unit 640 Periode Pembangunan 3 tahun 22

PROYEK PENGEMBANGAN PROPERTI - proyek-proyek mendatang - Taman Melati Malang @ DINOYO Luas Lahan (m 2 ) ± 5.035 Properti Apartemen Luas Gedung (m 2 gross) 30.165 Luas Area yang Dapat Dijual (m 2 ) 25.000 Total Unit 1.080 Periode Pembangunan 3 tahun ADHIKAPURA Sunset Road, Bali Luas Lahan (m 2 ) ± 16,350 Properti Condotel, Vila, Ballroom Luas Gedung (m 2 gross) 12.851 Luas Area yang Dapat Dijual (m 2 ) 10.778 Total Unit 198 Periode Pembangunan 2 tahun GDC Lot 1 Bekasi Timur Luas Lahan (m 2 ) ± 12.300 Properti Mixed Use Hotel, Mal, Service Apartment, Apartemen Luas Gedung (m 2 gross) 51.100 Luas Area yang Dapat Dijual (m 2 ) 37.286 Total Unit 303 Ground Breaking Agustus 2014

PROYEK PENGEMBANGAN REALTI -sedang berjalan- Taman Dhika Ciracas Luas Lahan (m²) 239,000 Nilai Investasi (Rp miliar) 341,226 Total Unit 1,265 Taman Dhika Cinere Luas Lahan (m²) 8,409 Total Unit 35 Luas Lahan (m²) 3,908 Total Unit 27 Taman Dhika Sidoarjo 24

PROYEK PENGEMBANGAN REALTI -sedang berjalan- Mal Cimone City Mal Mandau City Luas Lahan (m²) 16,208 Luas Lahan (m²) 14,888 Total Luas Salable (m²) 23,234 Grand Dhika Commercial Estate Total Unit 60 (Ruko= 29; Gudang= 31) Luas Lahan (m²) 23,565 Total Luas Salable (m²) 25,188 25

PROYEK PENGEMBANGAN REALTI -proyek-proyek mendatang- Taman Dhika Cinere Limo Taman Dhika Sidoarjo Kota Cluster Baru Taman Dhika Tambun Taman Dhika Cibubur 26

HOTEL GRANDHIKA Hotel Grandhika Semarang Hotel Grandhika Blok M Hotel Grandhika Medan 27

PT Adhi Karya (Persero) Tbk. THANK YOU Visit us at www.adhi.co.id For further information please contact: Ki Syahgolang Permata, Corporate Secretary P. +62 21 797 5312 F. +62 21 797 5311 E. adhi@adhi.co.id Disclaimer: Important Notice This document was prepared solely and exclusively for the parties presently being invited for the purpose of discussion. Neither this document nor any of its content may be reproduced, disclosed or used without the prior written consent of PT Adhi Karya (Persero) Tbk. This document may contain statements that convey future oriented expectations which represent the Company s present views on the probable future events and financial plans. Such views are presented on the basis of current assumptions, are exposed to various risks and are subject to considerable changes at any time. Presented assumptions are presumed correct, and based on the data available on the date, which this document is assembled. The company warrants no assurance that such outlook will, in part of as a whole, eventually be materialized. Actual results may diverge significantly from those projected. The information in this document is subject to change without notice, its accuracy is not verified or guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company. None of the Company, PT Adhi Karya (Persero) Tbk. or any person connected with any of them accepts any liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith. 28