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                         Lido Music & Arts Center
                            Officially Operates
                        with its Inaugural Concert,
                      LMAC MUSIC FORALL FEST 2023


Jakarta, September 8, 2023 – Lido Music & Arts Center
(LMAC), the first world-class outdoor venue in Indonesia
owned by PT MNC Land Tbk (IDX: KPIG), will be officially
inaugurated by hosting LMAC MUSIC FORALL FEST on
September 8-9, 2023, a collaborative concert with MNC
                                                              LMAC MUSIC FORALL FEST 2023,
Media & Entertainment.
                                                              a grand music festival featuring
Concerts, sports events, and entertainment shows will be      various     renowned       musicians,
regularly held at LMAC, inviting visitors to momentarily      including      four     international
break free from the routines amidst the hustle and bustle     musicians from Korea: Taeyang, The
of modern life, spending time with nature while               Rose, Apink, and Secret Number,
celebrating the diversity of cultural arts and the creative   together with famous Indonesian
expressions of inspiring musicians and artists. LMAC will     musicians: Rizky Febian, Mahalini
support the government's initiatives as a new tourism         Raharja, Fourtwnty Music, DJ Dipha
destination, aiming to advance the Indonesian music and       Barus,    Gigi    Band,    Maliq   &
cultural art industry nationally and internationally.         D'Essentials, and Weird Genius.

As a part of the MNC Lido City Special Economic Zone
(SEZ) Tourism development project, LMAC is strategically
located with just about 1 hour of travel time from Jakarta
via the Bocimi toll road. Situated at 600 meters above sea
level, LMAC enjoys a cool and comfortable climate
throughout the year. Spanning across a 5-hectare area
against the backdrop of Mount Salak, Gede, and
Pangrango, LMAC can accommodate up to 50,000 visitors
and host multiple events simultaneously from multiple
stages.




 PT MNC Land Tbk                                                                           Page | 1
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                                                        MNC Land will also introduce a glamping
                                                        area around LMAC, complete with
                                                        culinary attractions and a lineup of
                                                        popular food trucks, allowing visitors to
                                                        experience a memorable overnight stay in
                                                        an open area surrounded by a serene
                                                        atmosphere and spectacular natural
                                                        views. This way, the visitors can relish live
                                                        performances from music festivals and
                                                        other events at LMAC while enjoying its
                                                        breathtaking scenery.

In addition to LMAC, a number of Entertainment Hospitality projects being developed within the
MNC Lido City SEZ include:

   18-hole World Championship Standard Golf Course, Golf Club, and Private Clubhouses
    Targeted to start operation by the end of 2023, the 18-hole World Championship Standard Golf
    Course designed by Ernie Els spans an area of 83 hectares and is equipped with a luxury
    clubhouse designed by Oppenheim Architecture, private clubhouses, and various
    entertainment and F&B facilities.

   Lido Skyview Resort
    The additional 124 hotel rooms at the Lido Lake Resort area will be completed by the end of
    2024. The modern amenities offered by Lido Skyview Resort will also be integrated with the Lido
    Adventure Park (the largest outbound park in Southeast Asia located just beside Lake Lido).

   Luxury Residences, Exclusive Villas, and Condominiums
    A collection of luxury residences, exclusive villas, and world-class condominiums offering the
    best experience for the high-end community and pioneering a quality lifestyle.

   Theme Park, RD&E, and Hotel
    A. MNC Park
      The first world-class theme park in Indonesia, covering 47 hectares and equipped with
      advanced technology. It is divided into 6 thematic zones, with attractions, shows &
      performances, F&B outlets, retail outlets, multipurpose hall, and other facilities.
    B. Retail Dining & Entertainment (RD&E)
      An 8-hectare retail dining & entertainment area featuring the best local products to support
      SMEs, "Avenue of Stars," and various other entertainment spots.

    C. Hotel, Waterpark, and MICE
      A range of 3-star to luxury-star hotels, integrated with a waterpark, convention center,
      meeting rooms, and other facilities to drive the MICE business.

 PT MNC Land Tbk                                                                             Page | 2
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   Lido World Garden
    A 17-hectare family education destination featuring a flower garden concept with a variety of
    native flora, along with adventure landmarks of historical and iconic human civilizations.

   Transit Oriented Development (TOD)
    A 7-hectare area for retail, commercial, residential, and apartment spaces that integrate the
    MNC Lido City SEZ with various modern public transportation options, including relocating the
    Cigombong Railway Station within the area.




    For further information, please contact:                                          PT MNC Land Tbk
      Natassha Yunita – Head of Investor Relations                                    MNC Tower, 17/F, MNC Center
      natassha.yunita@mncgroup.com                                                    Jl. Kebon Sirih No. 17-19, Menteng
      investorrelations.mncland@mncgroup.com                                          Jakarta Pusat 10340, Indonesia
                                                                                      Phone: +62 21 3927471
                                                                                      Fax: +62 21 3921227
                                                                                      www.mncland.com


DISCLAIMER
By accepting this Press Release, you agree to be bound by the restrictions set out below. Any failure to comply with these restrictions
may constitute a violation of applicable securities laws.
The information and opinions contained in this Press Release have not been independently verified, and no representation or warranty,
expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the
information or opinions contained herein. It is not the intention to provide, and you may not rely on this Press Release as providing, a
complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or
results of operations of The Company or its subsidiaries. The information and opinions contained in this Press Release are provided as at
the date of this presentation and are subject to change without notice. Neither The Company (including any of its affiliates, advisors and
representatives) nor the underwriters (including any of their respective affiliates, advisors or representatives) shall have any
responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any
information or opinions contained herein nor for any loss howsoever arising from any use of this Press Release.
In addition, the information contained in this Press Release contains projections and forward-looking statements that reflect The
Company's current views with respect to future events and financial performance. These views are based on a number of estimates and
current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks
and these may change over time and in many cases are outside the control of The Company and its directors. No assurance can be given
that future events will occur, that projections will be achieved, or that The Company's assumptions are correct. Actual results may differ
materially from those forecasts and projected.
This Press Release is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for
any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment
decision in relation thereto.




 PT MNC Land Tbk                                                                                                                Page | 3

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