PPRO - PT. PP Properti Tbk

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JAKARTA - PT Prima Properti Indonesia Tbk (OMRE) focuses to maintain the occupancy rate of the
mall in Jakarta and Bandung this year. Last year, the company’s hotel occupancy rate decreased 60%
year on year.

Finance Director of PT Prima Properti Indonesia Tbk (OMRE) Hartono said the occupancy rate of its
mall dropped after Ramayana left out from the Blok M Mall Jakarta. “In beginning the occupany rate
of our mall 80% but declined since Ramayana have left out,” he said in Jakarta.

According to him, to maintain the occupancy rate of its mall to anticipate the trend of decreasing of
its hotel in last year. The occupancy rate of two hotel Prima Properti such as Grand Tropic Suites
Hotel and Novotel Surabaya Suites and Hotel was 60%.

Prima Properti operates two mall such as Mall Blok M, Jakarta and Plaza Parahyangan, Bandung. But,
the contribution from its mall to the company’s revenue does not significant. “While for other
shopping centers in Bandung, Pasar Parahyangan, it is almost 100%, but due to its size, its
contribution to total revenue, not too dominant,” he said. (LK)