FINANCIAL HIGHLIGHTS

of Year   2007 2006 2005 2004 2003   INCOME STATEMENT                                 Total Revenue 519,251 501,104 495,630 423,299 345,258       Hotel 282,469 240,598 232,632 200,790 192,001       Shopping Center 181,777 206,196 212,606 184,257 153,257       Entertainment Centre 55,055 54,310 50,392 38,252 -             Total Gross Operating Profit 358,397 362,225 367,320 315,370 252,405       Hotel 169,312 143,808 138,595 114,954 109,923       Shopping Center 148,390 178,322 185,214 166,227 142,482       Entertainment Centre 40,694 40,096 43,511 34,189 -                       Total Operating Income 264,710 282,947 293,233 249,436 188,949     EBITDA 175,146 215,839 236,211 193,384 144,667     Net Income 101,453 155,448 112,181 104,987 126,580     Basic Earning Per Share weighted 28,58 43,79 31,60 29,57 35,66     Issued shared adjusted after bonus shares distribution and stok split (milions shares) 3,550 3,550 3,550 3,550 3,550                     BALANCE SHEETS               Total Assets 2,964,660 2,238,608 1,990,391 2,033,455 2,037,792       Current assets 723,853 472,481 465,694 568,876 639,527       Fixed assets (net) 2,104,853 1,605,703 1,488,575 1,434,644 1,378,275       Other assets 135,954 160,424 36,122 29,935 19,989             Total Liabilities 1,258,409 615,688 525,809 694,533 795,380       Current liabilities 173,645 120,962 305,041 281,322 195,956       Long term & other liabilities 1,084,764 494,726 220,768 413,211 599,424             Minority Interest in Subsidiary 62,323 58,657 50,111 45,779 43,494     Total Equity 1,643,928 1,564,264 1,414,471 1,293,143 1,198,918       Issued and paid up capital 713,280 730,632 731,849 718,264 724,589       Retain earnings 930,648 833,632 682,622 574,879 474,329                     CASH FLOWS       Net Cash Provided by Operating Activities 129,978 167,426 228,707 217,764 164,382       Net Cash Used in Investing Activities 514,072 234,281 67,229 138,917 163,140       Net Cash Provided by (used in) Financing Activities 520,461 55,827 (242,182) (205,381) 40,787       Cash and Cash Equivalents at Beginning 172,423 183,450 264,154 390,689 348,661       Cash and Cash Equivalents at End of Year 308,789 172,423 183,450 264,154 390,689                     KEY FINANCIAL INDICATORS(in %)                 Return on Assets 3.42 6,94 5,64 5,16 6,21       Return on Equity 6,17 9,94 7,93 8,12 10,56       Cash Ratio 356,43 343,25 134,96 187,58 311,88       Quick Ratio 177,83 142,54 60,14 93,90 199,38       Current Ratio 416,86 390,60 152,67 202,22 326,36       Current Liabilities to Total Assets Ratio 5,86 5,40 15,33 13,83 9,62       Long-term Liabilities to Total Asset Ratio 36,59 22,10 11,09 20,32 29,42       Debt to Equity Ratio 76,55 39,36 37,17 53,71 66,34       Debt to Assets Ratio 42,45 27,50 26,42 34,16 39,03       Net Assets Value (N,A,V) - in million rupiah 4,153,839 3,987,587 3,602,725 2,597,662 2,466,218       Net Assets Value (N,A,V) per share-in full rupiah 1,170 1,123 1,015 732 695

N,A,V for the year 2002-2004 is calculated based on the Rp,2,142,324 million appraised value made by PT Surya PraptaPermai (in association with Knight Frank Baillieu) dated 29 April 2002,

N,A,V for the year 2005,2006 and 2007 calculated based on the US$ 355 million, US$ 370 million, US$ 412 million appraised value made by PT Surya PraptaPermai dated 25 April 2005, which include the appraised value of Entertainment X'nter,