Corporate UpdateJune 2013

PT Media Nusantara Citra Tbk.

Listed and traded on the Indonesia Stock ExchangeSTOCK CODE: MNCN

www.mncgroup.com

2

Disclaimer

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Section 1

Section 2

Section 3

Table of Content

Indonesia’s Media Industry Update

MNC Update

Financial Update MNC

www.mncgroup.com

Section1 Indonesia’s Media Industry Update

www.mncgroup.com

Macro drivers support industry growth

5

Millions

Population (2012)Population (2012)

Source: MPA 2011

A Young Population : 80% - Below 50yrA Young Population : 80% - Below 50yr

Source: Indonesia Bureau of Statistics 2012

Completed Education LevelCompleted Education Level

29%

26%

29%

13%

3%

0-14 15-29 30-49 50-69 70+

Source: Nielsen Media ResearchSource: Indonesia Bureau of Statistics 2012

Monthly Household Expenditure (Rp1,000)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

36mn 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?What are the macro drivers?

A1 35006% A2

2501-35009%

B 1751-250020%

C1 1251-175026%

C2 901-125021%

D 601-90013%

E <6005%

University 4% Academy 3%

Senior High29%

Junior High19%

Elementary23%

NA22%

China

India

Indo

nesia

Phillip

ines

Thaila

nd

Mala

ysia

Austra

lia

Singap

ore

1,361 1,223

244 95 69 29 23 5

6

Asia Pacific Net Adspend (2011 – 2013F)Asia Pacific Net Adspend (2011 – 2013F)

Source: Media Partners Asia 2012

In USD billion

Asia Pacific Net Adspend Growth (2011-2013F)Asia Pacific Net Adspend Growth (2011-2013F)

2011 2013F

Japa

n

China

Austra

lia

Korea

India

Indo

nesia

Thaila

nd HK

Taiwan

Philipp

ines

Mala

ysia

Singap

ore

Vietna

m

33.3

28.0

10.6

7.3

6.1

1.8 1.8

1.71.7

1.2 1.1 1.00.7

33.833.9

11.0

8.17.3

2.32.1

1.81.6

1.4 1.2 1.0 0.8

2011 2013F

Media Partners Asia forecasts net ad spend growth of 15.8% in 2013

Growth is among the highest in the region

Indonesia’s ad spend is growing from a small base; we expect growth to be sustainable

Indonesia’s ad spend growth highest in region

7

Indonesia Thailand Philippines

$6,000

$10,000

$12,000

Net Adspend as a Percentage of GDP (2011)Net Adspend as a Percentage of GDP (2011)

Source: Media Partners Asia 2012

In USD/spot

NZ

Australi

a HKKorea

Japan PHP

Vietnam

Malaysi

aChina

Singa

poreIndia

Taiw

an

Thail

and

Indonesia

0.9%

0.7%0.7%

0.6%0.6% 0.5%

0.5%

0.4% 0.4%0.3% 0.3% 0.3% 0.3%

0.2%

Price of 30 seconds prime time spot in the regionPrice of 30 seconds prime time spot in the region

Net adspend as % of GDP is the lowest in the region indicating solid growth potential

The price for a 30 seconds prime time spot is cheap compare to other ASEAN countries

Well Positioned in a Conducive Growth Environment

43%

21%

24%

10%2%

MNC Group

EMTEK

Trans Corp

Visi Media

Other

8

Demand (More brands advertising on TV)Demand (More brands advertising on TV)

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

Source: Nielsen Prime time all demographic May 2013

Limited supply: Only 10 FTA TV stationsLimited supply: Only 10 FTA TV stations

Industry Dynamics

Korea Japan Singapore Hong Kong Malaysia Australia China Thailand Taiwan Vietnam Philippines India Indonesia

100% 100% 100% 99% 98% 97% 94% 93% 91%84%

76%

61%56%

100% 100% 100% 100% 100% 98% 95% 94% 92%84%

78%

62% 59%

2010F

2014F

9Source: Media Partners Asia 2010 Source: Media Partners Asia 2010

Asia Pacific TV Penetration of Total Households (2010F-2014F)Asia Pacific TV Penetration of Total Households (2010F-2014F)

2010F 2011F 2012F 2013F 2014F

5.7

5.8

5.9

6.0 6.0

2010F 2011F 2012F 2013F 2014F

18.0%20.5%

23.7%27.1%

30.2%

Low Penetration Rates in Key Segments

Millions

Internet Household Penetration in IndonesiaInternet Household Penetration in IndonesiaNewspaper Circulation in IndonesiaNewspaper Circulation in Indonesia

10

Indonesia’s Media Advertising Market Share

2016F2016F

Source: Media Partners Asia 2012

20122012

TV; 69.1%

Newspaper, 20.7%

Magazine; 2.9%Online; 3.6% OOH; 2.2% Radio; 1.5%

TV; 70.4%

Newspaper, 17.5%

Magazine; 2.4%

Online; 6.5%OOH; 2.0% Radio; 1.2%

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

Section 2 MNC Update

www.mncgroup.com

The Largest Integrated Media Company in Indonesia

12

RCTIRadio

MNCTV Global TV

MNC Pictures

Tabloid & Magazine

MNC Networks

Star Media Nusantara

MNC Channels

Content llibrary contains more than 130,000 hours and increasing by more than 15,000 hours per year

Sindo Media OthersFree-To-Air TV

Tabloid & Magazine

News Portal

Local TV Network

Newspaper

Radio

Sindo Weekly

More channels will be added

Content

National & Regional

13

Our 4 key growth drivers

RCTI, the #1 TV station, will drive the overall industry growth

Successfully turned around MNCTV; higher ad rates to follow. Focus to improve ratings at Global TV

17 exclusive channels on MNC Skyvision to generate ad revenue

Rebrand 38 local TV stations as 4th national TV “SINDO TV”, launching Q2 13

Competitor MNC TV Global TV

100%

65%

31%

14

RCTI has consistently been the # 1 TV station in Indonesia since its inception in 1989.

RCTI, MNC TV and Global TV cumulatively control 40% audience share during prime time

In 2012, our group experienced 22.0% advertising revenue growth, outperforming the industry growth rate of 15.5%, driven by RCTI and MNC TV

Change in programming strategy paid off at MNC TV. Viewership ranking jumped to #2 in 2012 from #6 in 2011. We see considerable scope for increased advertising revenue at MNCTV as ad rates are still much lower compare to RCTI

Focus is now to turnaround Global TV

Dominant TV Player in Indonesia

MNC Group Industry Peers

22.0%

15.5%

MNC ad revenue growth outperforming the industry

2012 advertising revenue growth

Opportunity for ad rate increases

MNCTV is under earning VS competitors

15

Content is King

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, Indonesia Idol and X Factor

Exclusive programming with top Hollywood studios

More than 120,000 hours of content library and increasing by more than 15,000 hours annually

We also have 16 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 Monthly Prime Time All Demographic Audience Share

Primetime Nielsen TV stations ranking

Dec 2011* May 2013*

Share Share

1 RCTI ABC 21.9 23.4 2 Trans7 ABC 13.3 13.5 3 MNCTV ABCD 10.4 12.7 4 SCTV ABCD 13.3 11.6 5 TransTV ABC 10.4 9.2 6 IVM ABCD 11.7 9.2 7 ANTV ABC 6.1 6.6 8 GTV ABC 5.9 6.3 9 TVOne ABC 3.2 4.3

10 MetroTV AB 2.0 1.9

Rank Station Target

Audience

Talent Search15/20

Animation20/20

Housewives14/20

Series14/20

All Programs16/20

Sports16/20

Number of MNC’s Programs in the Top 20 for National FTA TVs (January to December 2012)

16

MNC’s TV Programs Dominate in all Genre

Source: Nielsen

17

MNC Drama Series occupied 6 out of 10 spots

Top 10 Drama Series April 2013 Station Rating Share

1 TUKANG BUBUR NAIK HAJI THE SERIES RCTI 5.7 24.1

2 BERKAH MNCTV 3.9 17.9

3 RADEN KIAN SANTANG MNCTV 3.8 17.5

4 CINTA 7 SUSUN RCTI 3.3 15.6

5 YANG MUDA YANG BERCINTA RCTI 3.2 18.9

6 HEART SERIES 2 SCTV 2.7 15.1

7 TENDANGAN SI MADUN SEASON 3 MNCTV 2.5 10.3

8 SI BIANG KEROK KECIL SCTV 2.5 10.8

9 PESANTREN & ROCK N ROlLL 3 SCTV 2.3 11.0

10 USTAD FOTOCOPY SCTV 2.3 11.1

18

Other Top Reality TV Series

Sports

Movies

Lifestyle

News

Entertainment

Kids Soon

Local content

19

The most comprehensive Pay TV Channels lineup

We have the most comprehensive Pay TV channel lineup in Indonesia

Our customers prefer local content

Producing content in Bahasa Indonesia is our competitive advantage

We generate subscription revenue and advertising revenue

means it is the leader in its Pay TV category

Pay TV Channels to drive ad revenue for MNCN

OPPORTUNITIES

MNCN has produced and packaged 17 Pay TV

channels exclusively for MNC Sky Vision. In return

MNCN receives 100% ad revenue

MNC Sports, MNC Entertainment, MNC News and

MNC Business are # 1 ranked in their respective

categories versus International peers

MNC Food & Travel was recently launched. We will

add 3 more channels: MNC Kids, MNC Home and

MNC Wedding

We expect MNC Channels to generate meaningful

advertising revenue as subscribers grow

20

MNC Channels share of Pay TV audience in 1Q 2013

22%

78%

MNC Channels

Rest of market

Rank Sports Channel Channel Share

1 MNC Sports 2 4.12

2 MNC Sports 1 2.83

3 Star Sports 2.19

4 Fox Sports 0.80

Rank News Channel Channel Share

1 MNC News 1.68

2 Al Jazeera 0.04

3 BBC 0.02

4 CNN 0.01

Rank Lifestyle Channel Channel Share

1 MNC Infotainment 2.72

2 MNC Lifestyle 2.10

3 Asian Food Channel 0.46

4 Fashion TV 0.26

Rank Business Channel Channel Share

1 MNC Business 0.32

2 Bloomberg 0.00

3 CNBC Asia 0.00

Rank Music Channel Channel Share

1 MNC Music 2.06

2 Channel V 0.18

3 NGC Music 0.36

4 Trace 0.01

Rank Entertainment Channel Channel Share

1 S-One 4.73

2 MNC Entertainment 4.43

3 Fox Channel 1.87

4 AXN 1.50

Source : Nielsen TV Audience Measurement 1Q 2013

1294

427

169 128 11738

Strong Market Position withSuperior Content Capabilities (cont’d)

21

36 radio stations in 4 different formats consistently ranked #1 or 2 in their respective genres / targeted audience

- Sindo Radio - #1 news station- Radio Dangdut Indonesia - #2 station for

middle / low income segments- ARH Global - #1 choice amongst young

listeners- V Radio – female radio station

Leading Radio Stations in Indonesia

Source: Nielsen Media Research

In 5 years following the launch in 2005, Seputar Indonesia has become the 2nd largest newspaper in Jakarta and the 3rd largest in Indonesia

The remaining 5 of the top 6 newspapers in Indonesia have been in circulation for more than 30 years on average

Tabloids / magazines published by us are popular among readers

- Genie is the third largest tabloid by readership

Strong Presence in Print Media

Source: Nielsen Media Index, figures refer to circulation in Jakarta only

Wave #4 2010Total Audience in Jakarta

1 SINDO RADIO 472.000

2 DELTA 159.000

3 PAS 149.000

4 SMART < 1.000

1 RDI 4.007.000

2 BENS 3.075.000

3 GEN FM 3.031.000

4 MEGASWARA 1.953.000

1 ARH GLOBAL 747.000

2 MUSTANG 579.000

3 PRAMBORS 443.000

4 99ERS FM 352.000

22

Hary TanoesoedibjoCEO, MNC Group

21 years of relevant experience

Group President & CEO of MNC since March 2004 Founding shareholder and Group Executive Chairman of PT Bhakti Investama Tbk. since 1989 Currently holds positions in several other companies, including Group President & CEO of PT Global Mediacom Tbk. since

2002, President Commissioner of RCTI since 2008, President Commissioner of PT MNC Sky Vision (Indovision), President Commissioner of Media Nusantara Informasi since 2008, President Commissioner of MNC Networks since 2008, President Commissioner of MNC Pictures since 2007, and many other companies within MNC Media and Bhakti Investama Group

MBA degree from Ottawa University, Canada Bachelor of Commerce (Honors) degree from Carleton University, Ottawa, Canada

Kanti Mirdiati ImansyahDirector

23 years of relevant experience

Director Sales and marketing of RCTI from 2010 – 2012 GM Sales and Marketing manager and Director Sales and Marketing of CTPI from 2006-2010 AVP Sales and Marketing of Duta Visual Mandiri from 2003-2006 Head of Acquisition Manager of RCTI from 2002 – 2003 Sales Group Head Trans TV from 2000 – 2003 Sales Group Head & Account Executive1990 – 2000 Bachelor Degree of Science from La Jolla Academy of Advertising Arts and Associate Degree Fashion Merchandising from

IFS San Diego, USA

Jarod Suwahjo CFO, MNC Group

21 years of relevant experience

Director of GlobalTv from 2009 – 2012. CFO PT Media Nusantara Citra Tbk from 2007-2009 Prior to joining MNC, Pak Jarod was a Financial Controller in Sanovi Adventis, GlaxosmithKline, National Food Juice and

Heinz. He is a Chartered Accountant from NZCA Post Grad Diploma Accounting from Victoria University of Wellington (New Zealand) Bsc in Operation Research from Victoria University of Wellington (New Zealand)

Nana Puspa DewiDirector

24 years of relevant experience

Joined MNC in 2007 after spending 21 years in the consumer goods industry with major FMCG companies such as Procter & Gamble, Mars Inc., Mayora and Cadbury

Prior to joining MNC, Ibu Nana was Managing Director of Cadbury Indonesia Has many years of experience in market research, sales & marketing and general management Degree in Economy in Management from Udayana University, Indonesia

Highly Qualified and Experienced Management Team

Section 4 Financial Update MNC

(Audited FY 2011 & 12M 2012)

www.mncgroup.com

Debt / EBIDA Debt / Equity EBITDA / Interest EBITDA Margin 3 TV EBITDA Margin RCTI EBITDA Margin

1.13x

30%

6.60x

30% 33%41%

0.46x12% 11.66x

35%40%

51%

0.30x10%

55.83x

40% 43%50%

2010 2011 2012

Revenue EBITDA Asset Equity

4.86

1.48

8.2

5.445.39

1.86

8.8

6.836.27

2.52

8.96

7,30

2010 2011 2012

24

Financial Performance from 12M 2010 (Audited) until 12M 2012 (Audited)

Source: Company Financials

12M 2010 to 12M 2012 Financials12M 2010 to 12M 2012 Financials

12M 2010 to 12M 2012 Solvency Metrics12M 2010 to 12M 2012 Solvency Metrics

IDR trillion

CAGR +14%

CAGR +30%

CAGR +5%CAGR +16%

Series1

Segmental Overview – Revenue

25

12M 2012 12M 2012

12M 2011 12M 2011

Split by TV NetworkSplit by TV Network

Split by TV NetworkSplit by TV Network

82%

3%1%

8%

3% 3%

Tv Station

Print Ads

Radio Ads

Non Ad Revenue

VAS

Content

57%

29%

13%

RCTIMNC TVGTV

61%

24%

15%

RCTI MNC TV

GTV

78%

3%

1%

6%

10%2%

TV Station Print Ads

Radio Ads Non ad Revenue

VAS Content

Segmental Overview –EBITDA

26

12M 201212M 2012

12M 201112M 2011

Split by TV NetworkSplit by TV Network

Split by TV NetworkSplit by TV Network

93%

1%0% 1%

5%

TV Station

Print Ads

Radio Ads

Non ads Revenue

VAS & content

65%

27%

8%

RCTI

MNC TV

GTV

96%

1%0% 0%

2%

TV Station

Print Ads

Radio Ads

Non ad Revenues

VAS & content

RCTI

MNCTV

GTV

16%

7%

77%

Revenue EBITDA Assets Equity

1.540.47

8.20

4.95

1.80

0.57

9.57

6.80

1.870.69

9.66

7.12

4M2011 4M2012 4M2013

CAGR +9%

CAGR +20%

CAGR +10%CAGR +21%

27

Financial Performance from 4M 2011 until 4M 2013

4M 2011 to 12M 2013 Financials4M 2011 to 12M 2013 Financials

4M 2011 to 4M 2013 Solvency Metrics4M 2011 to 4M 2013 Solvency Metrics

Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA Margin 3 TV EBITDA Margin RCTI EBITDA Margin

1.03x

29%

5.29x

30% 37% 47%0.50x13%

25.75x

31% 37% 45%0.30x 8%

45.16x

37% 41% 47%

4M2011 4M2012 4M2013

28

Segmental Overview – Revenue 4M 2013 & 4M 2012

Revenue 4M 2013 Revenue 4M 2013

88%

4%1%

6%

2%

TV Station

Print Ad

Radio Ad

Non Ad

Content

Revenue Contribution By TV NetworkRevenue Contribution By TV Network

56%

30%

14%

RCTI

MNCTV

GTV

Revenue 4M 2012Revenue 4M 2012

Revenue Contribution By TV NetworkRevenue Contribution By TV Network

55%

29%

16%

RCTI

MNCTV

GTV

EBITDA Per Segment 4M 2013 & 4M 2012

29

EBITDA 4M 2013 EBITDA 4M 2013

63%

30%

7%

RCTI

MNCTV

GTV

EBITDA Contribution By TV NetworkEBITDA Contribution By TV Network

EBITDA 4M 2012EBITDA 4M 2012

EBITDA Contribution By TV NetworkEBITDA Contribution By TV Network

66%

26%

8%

RCTI

MNCTV

GTV

1%

Summary of Financial Performance FY 2011 & 2012 (Audited) – 4M 2012 & 4M 2013

(Unaudited)

30

IDR billion 12M 2011 12M 2012

%chg 4M 2012 4M 2013 %chg

Revenue 5,390 6,265 16% 1,804 1,888 5%

Advertising 4,418 5,351 21% 1,549 1,728 12%

Content 93 197 111% 18 38 111%

Value Added Services

536 217 -60% 143 0 -100%

Others 343 500 46% 94 121 29%

Operating expenses 3,808 4,050 6% 1,314 1,247 -5%

Total EBITDA 1,863 2,518 35% 695 802 15%

Total EBITDA Margin 35% 40% 39% 42%

Net Income 1,070 1,657 55% 461 576 25%

Thank You