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        SIARAN PERS – UNTUK DITERBITKAN SEGERA                                               PRESS RELEASE – FOR IMMEDIATE RELEASE
                                                                                                              *) unofficial translation
Inovasi dan Diverfikasi       Portofolio   Kunci    Pertumbuhan         Innovation and Portfolio Diversification Key to DUTI’s
Berkelanjutan DUTI                                                      Sustained Growth *)

    -     Pendapatan Usaha tahun buku 2022 cerminkan                        -    Financial Year 2022 Revenues reflect a 75%
          pertumbuhan 75% sejak pandemic.                                        growth since the pandemic.
    -     Laba Bersih Triwulan - III 2023 lampaui pencapaian                -    Net Profit in the third quarter of 2023 surpasses
          tahun buku 2022.                                                       2022 financial year achievement.

Jakarta, 29 November 2023 – PT Duta Pertiwi Tbk (BEI: “DUTI”)           Jakarta, November 29th, 2023 – PT Duta Pertiwi Tbk (BEI:
Entitas Anak PT Bumi Serpong Damai Tbk (BEI: “BSDE”) dan                "DUTI"), a subsidiary of PT Bumi Serpong Damai Tbk (BEI:
anggota kelompok usaha properti terkemuka, Sinar Mas Land terus         "BSDE") and a member of the leading property business
membukukan pertumbuhan positif sepanjang 2023.                          group, Sinar Mas Land, has consistently demonstrated
                                                                        positive growth throughout 2023.

Akhir September 2023 (Triwulan III - 2023) berhasil membukukan          By the end of September 2023 (third quarter of 2023),
kinerja Pendapatan Usaha sebesar Rp2,90 triliun, tumbuh 36,90%          Revenues recorded performance of IDR2.90 trillion, marking
dibandingkan pencapaian tahun sebelumnya Rp2,12 triliun. Angka          a growth of 36,90% compared to the previous year's of
tersebut mendekati pencapaian tahun buku 2022 lalu sebesar Rp3,02       IDR2.12 trillion. This figure closely approaches the 2022
triliun.                                                                financial year achievement of IDR3.02 trillion.

Dari total Pendapatan Usaha tersebut, 81% merupakan pendapatan          Out of the total Revenues, 81% was derived from Unit Sales/
dari Penjualan Unit/Development Revenue sedangkan 19%                   Development Revenue, while 19% comprised recurring
merupakan pendapatan berulang (recurring income). Struktur              income. This revenue structure provides balance, mitigating
pendapatan ini memberikan keseimbangan apabila salah satu sumber        shifting in any specific revenue stream.
pendapatan mengalami penurunan.

Bahkan dari sisi bottom line atau Net Profit, pencapaian DUTI pada      Moreover, in terms of bottom-line performance or Net Profit,
sembilan bulan pertama sudah melampaui kinerja Laba Bersih tahun        DUTI's achievement in the first nine months has surpassed the
buku 2022. Pada Triwulan III – 2023, Laba Bersih tercatat sebesar       Net Profit performance of 2022 financial year. In the third
Rp915 miliar Adapun periode yang sama tahun lalu tercatat sebesar       quarter of 2023, Net Profit achieved IDR915 billion,
Rp477 miliar.                                                           compared to IDR477 billion in the same period last year.

DUTI sebagai Entitas anak BSDE, dengan porsi saham kepemilikan          DUTI, as a Subsidiary of BSDE, owning a stake of 91.45%,
91,45% merupakan Entitas Anak dengan kontribusi tertinggi bagi          stands as the highest-contributing entity to BSDE both in
BSDE secara konsolidasian, baik top line maupun bottom line.            terms of top-line and bottom-line on a consolidated basis.

Teky Mailoa selaku Direktur Utama DUTI mengatakan “Pencapaian           Teky Mailoa, the President Director of DUTI, said that “This
tersebut tidak lepas dari upaya-upaya inovasi produk yang dilakukan     achievement stems from consistent efforts in product
secara konsisten serta kinerja serah terima produk kepada konsumen.     innovation and the performance of product delivery to
Sebuah rekam jejak pengembangan bisnis kami selama 36 tahun di          consumers. It's a our testament of 36-year track record in
Indonesia”.                                                             business development within Indonesia.

Pelopor pengembangan ITC (strata retail mall) dan kawasan               As a pioneer in developing ITC (strata retail mall) and
superblok (kawasan terpadu kondominium, pusat perbelanjaan, ritel       superblock areas (integrated condominiums, shopping
dan perkantoran) tersebut telah sukses mengembangkan 9 superblok        centers, retail and office spaces), has successfully developed 9
(Superblok ITC Mangga Dua, ITC Roxy Mas, ITC Cempaka Mas,               superblocks (Superblok ITC Mangga Dua, ITC Roxy Mas,
ITC Kuningan, Mal Ambassador Kuningan, ITC Fatmawati, ITC               ITC Cempaka Mas, ITC Kuningan, Mall Ambassador
Permata Hijau, ITC Depok dan ITC Surabaya) yang tersebar di             Kuningan, ITC Fatmawati, ITC Permata Hijau, ITC Depok
Jabodetabek dan Surabaya.                                               and ITC Surabaya) across Greater Jakarta and Surabaya.

Selain kawasan superblok, portofolio proyek DUTI terbagi atas           Apart from the superblock areas, DUTI's project portfolio is
kawasan mandiri yang dikembangkan untuk dijadikan sebagai “The          allocated into township areas that being developed to become
Next New City” di timur Jakarta yakni, Grand Wisata di Bekasi dan       "The Next New City" in east Jakarta, namely, Grand Wisata
juga pengembangan di Kota Wisata di Cibubur. Selain itu, proyek         in Bekasi, as well as our development located in Cibubur,
residensial DUTI antara lain Kota Bunga di Bogor, Taman Permata         Kota Wisata. Moreover, the residential projects say Kota
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Buana di Jakarta Barat, Taman Banjar Wijaya di Tangerang dan dua        Bunga in Bogor, Taman Permata Buana in West Jakarta,
landbank di Jatiasih dan Cibubur.                                       Taman Banjar Wijaya in Tangerang, and two landbanks in
                                                                        Jatiasih and Cibubur.

Dalam mengembangkan kawasan mandiri, DUTI tidak sekedar                 In developing the township, DUTI go beyond constructing
membangun rumah atau apartemen. Untuk penghuninya, DUTI                 residential or apartment properties. It provides residents with
menawarkan berbagai alternatif transportasi publik yang nyaman dan      diverse and comfortable public transportation options,
memperpendek jarak serta waktu tempuh dari dan ke tempat kerja          effectively reducing commuting distances and time to
atau studi. Hal tersebut dilakukan dengan membangun aneka fasilitas     workplaces or educational institutions. This strategy involves
infrastruktur yang lengkap dan terkoneksi.                              the development of comprehensive and interconnected
                                                                        infrastructure facilities.

Teky menyampaikan “Penghuni Kota Wisata nantinya akan                   Teky Mailoa mentioned that “The residents of Kota Wisata
dimanjakan dengan keberadaan gerbang tol Cimanggis - Cibitung           will soon benefit from the upcoming Cimanggis - Cibitung toll
(Cimaci). Tol ini merupakan bagian dari jalur Jakarta Outer Ring        gate (Cimaci). This highway is integrated into the Jakarta
Road (JORR) 2 yang menghubungkan Cengkareng hingga Tanjung              Outer Ring Road (JORR) 2, linking Cengkareng to Tanjung
Priok. Ini merupakan bagian dari komitmen dan visi kami dalam           Priok. It exemplifies our dedication and vision towards
membangun kawasan mandiri”.                                             constructing a self-reliant city”.

Selain itu, buat penguna transportasi umum. kawasan ini juga akan       Moreover, commuters using public transportation will benefit
ditunjang dengan hadirnya Light Rail Transit (LRT) Cibubur -            from the Cibubur - Dukuh Atas Light Rail Rransit (LRT) in
Dukuh Atas yang telah diresmikan penggunaannya oleh Presiden            this area. President Joko Widodo inaugurated this transit at
Republik Indonesia Joko Widodo pada akhir Agustus 2023 lalu.            the close of August 2023, further enhancing connectivity and
                                                                        accessibility.

DUTI juga mengembangkan produk hunian vertikal berfungsi                DUTI is also developing vertical products with residential
hunian berupa apartemen yaitu Southgate di Jakarta Selatan dan          function (apartment) namely Southgate in South Jakarta and
Klaska di Surabaya. Apartemen tersebut dibangun dengan konsep           Klaska in Surabaya. The apartments were built with the
terhubung atau mengelilingi area komersial yang ada.                    concept of connecting or surrounding the existing commercial
                                                                        area.

Untuk proyek gedung kantor dan pusat perbelanjaan, DUTI memiliki        In the office building and shopping center, DUTI own
gedung perkantoran yang berlokasi di CBD Jakarta antara lain            properties located in CBD Jakarta ncluding Sinarmas Land
Sinarmas Land Plaza Thamrin Tower 2 & 3, Dimo Space dan                 Plaza Thamrin Tower 2 & 3, Dimo Space and Sopodel Tower.
Sopodel Tower. DP Mall adalah pusat perbelanjaan terletak di            DP Mall is shopping center located in Semarang. DUTI also
Semarang. DUTI juga memiliki portofolio hotel dan arena rekreasi        owns a portfolio of hotel and recreational properties such as
yakni Rooms Inc. di Semarang dan Go Wet di Grand Wisata, Bekasi.        Rooms Inc. in Semarang and Go Wet, Grand Wisata in
                                                                        Bekasi.

Proyek-proyek tersebut tersebar di 3 kota besar di Indonesia yakni      These projects are spread across three major cities in
Jabodetabek, Semarang dan Surabaya.                                     Indonesia: Greater Jakarta, Semarang and Surabaya.

Pencapaian kinerja dan portofolio proyek yang dikembangkan DUTI         DUTI's achievement in performance and the portfolio of
merupakan prestasi tersendiri. Mengingat Indonesia masih dalam          projects developed stands as a noteworthy accomplishment,
tahap pemulihan paska pandemi lalu. Ini juga merupakan bekal            especially considering Indonesia's ongoing recovery post the
positif bagi DUTI untuk memasuki tahun 2024 yang merupakan              previous pandemic. This also serves as a positive footing as it
tahun politik.                                                          enters 2024, marked as politic year.

Teky menegaskan “DUTI akan terus berinovasi mengembangkan               Teky affirmed that “DUTI will persistently innovate in
produk-produk berkualitas unggul, inovatif dan hijau serta segmen       developing superior quality, innovative and environmentally
properti alternatif yang diperkirakan akan menjadi tren positif di      friendly products, along with exploring alternative property
masa mendatang seperti logistic, multifamily built to rent dan          segments that are anticipated to become positive trends in the
horizontal lain. Dengan dukungan brand Sinar Mas Land yang              future, such as logistics, multifamily built-to-rent and other
memberikan promosi dan pemasaran yang makin inovatif, berbasis          horizontal properties. Supported by the brand of Sinar Mas
digital dan dinamis”.                                                   Land, which provides increasingly innovative, digitally-based
                                                                        and dynamic promotions and marketing strategies.

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Ditambahkan “DUTI juga berkomitmen penuh untuk menjaga                                   He added “DUTI is fully committed to maintaining on-time
kinerja on time delivery unit properti kepada konsumen untuk                             delivery of property units to customers to uphold customer
menjaga kepuasan konsumen dan reputasi kami sebagai pengembang                           satisfaction and preserve our reputation as a leading property
properti terkemuka di Indonesia”.                                                        developer in Indonesia”.

                                       -end-                                                                                -end-
Sekilas mengenai PT Duta Pertiwi Tbk                                                     Overview of PT Duta Pertiwi Tbk
PT Duta Pertiwi Tbk (“DUTI”) telah membangun superblok, mal, gedung                      PT Duta Pertiwi Tbk ("DUTI") has built superblocks, malls, office buildings,
perkantoran, kondominium dan apartemen sejak tahun 1987. Sebagai salah satu              condominiums and apartments since 1987. As one of the leading property
pengembang properti terkemuka di Indonesia, DUTI adalah pemimpin industri dalam          developers in Indonesia, DUTI is an industry leader in commercial projects
proyek-proyek komersial dengan merek ITC dan pengembangan kawasan mandiri                under ITC brand and Grand Wisata a township development which was
Grand Wisata yang didaulat sebagai ‘The Next New City” di timur Jakarta.                 designed as “The Next New city” in east Jakarta.

DUTI juga mengelola beberapa proyek residensial dan komersial seperti Kota Wisata        DUTI also manages several residential and commercial projects, such as
di Cibubur, serta hadir di lokasi-lokasi strategis di Jabodetabek, Semarang, Surabaya.   Kota Wisata located in Cibubur and is present in strategic locations in
                                                                                         Greater Jakarta, Semarang, Surabaya.

DUTI adalah Entitas Anak PT Bumi Serpong Damai Tbk (BSDE), setelah diakuisisi            DUTI is a Subsidiary of PT Bumi Serpong Damai Tbk (BSDE), after it was
pada tahun 2010. Jumlah kapitalisasi pasar DUTI per tanggal 31 Oktober 2023              acquired in 2010. DUTI’s total market capitalization as of October 31st, 2023
tercatat Rp8,47 triliun.                                                                 was recorded at IDR8.47 trillion.

Untuk informasi lebih lanjut, silahkan menghubungi:                                      For more information, please contact:
Teky Mailoa, Direktur Utama                                                              Teky Mailoa, President Director
Email: corporate.secretary@sinarmasland.com                                              Email: corporate.secretary@sinarmasland.com




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