Listed and traded on the Indonesia Stock Exchange

  Corporate Update October 2016 MNC Media PT Global Mediacom Tbk. PT Media Nusantara Citra Tbk. PT MNC Sky Vision Tbk. Listed and traded on the Indonesia Stock Exchange STOCK CODE: BMTR MNCN MSKY

Disclaimer By attending this presentation, you are agreeing 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 presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation 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 presentation 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 presentation 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 presentation.

  In addition, the information contained in this presentation 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 forecast and projected.

  This presentation 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. This presentation may not be used or relied upon by any other party, or for any other purpose, and may not be reproduced, disseminated or quoted without the prior written consent of the company.

  Any investment in any securities issued by the company or its affiliates should be made solely on the basis of the final offer document issued in respect of such securities. The contents of this presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose.

  MNC Media Corporate Structure Section 1

MNC Media Corporate Structure

Global Mediacom Tbk

  Media Nusantara Citra Tbk Content and Advertising Based Media

  62.6% 86.4% * MNC Sky Vision Tbk

  PT MNC Kabel Mediakom 100%

  PT Sky Vision Network Subscription Based Media Online Media

  • including MNC Investama (BHIT) share ownership of 5.93%, total group ownership is currently 92.4%

  Indonesia‟s Media Industry Update Section 2

Macro drivers support industry growth

  

Population (2014) A Young Population : 80% - Below 50yr What are the macro drivers?

Millions

  7%

  A large & young population

  1.362 26%

   8%

  1.248

   200mn people below age of 50

   A rising middle class

  251

  71

  30

  24

   99

  17% 42%

  by domestic consumption

   0-14 15-24 25-54 55-64 65+ 60mn TV household

  Source: MPA 2015

   Source: Indonesia Statistics 2015 Only 4% of population has

Completed Education Level Monthly Household Expenditure (Rp1,000)

  university degrees

  University

  

E <600 A1 3500

  Academy 4%

  5% 6% A2 2501-

  3% 22%

   NA

  Indonesians prefer to watch TV 3500 D 601-

  9% 900 than to read, watching 5 hours

  13%

  Senior High of TV per day.

  29%

  B 1751- 2500 C2 901- 20%

  1250

  Elementary

  21%

  23%

  C1 1251-

  Junior High

  1750

  19%

  26% Source: Indonesia Bureau of Statistics 2012 Source: Nielsen Media Research

Net ad spend growth in the region

   Media Partners Asia forecasts net ad spend growth of 10% in 2015 Growth is among the highest in the region

   Asia Pacific Net Adspend Growth (2015-2016F) Asia Pacific Net Adspend (2015

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

  • – 2016F)

  In USD billion 18%

  2015 70,00

  2015

  61,9

  2016E

  56,9

  60,00 2016E

  11%

  50,00

  43,1 11%

  42,1 9% 9%

  40,00

  8% 8%

  30,00

  5% 5% 4% 4% 4%

  3% 3% 3% 3% 20,00

  3% 3% 2% 12,7

  2% 12,3

  1% 1% 8,9 8,0

  8,6 8,4 7,2

  10,00

  2,0 1,9 2,0 1,9 1,9 1,2 1,5 1,9 1,9 1,1 1,5 1,8 1,5 1,5

  1,1

  • 3%
  • 3%
  • 82%

  Source: Media Partners Asia 2016

Well Positioned in a Conducive Growth Environment

  Source: Media Partners Asia 2014 In USD/spot

  30 seconds prime time spot

   Net ad spend 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

Net Adspend as a Percentage of GDP (2013)

  0,9% 0,7% 0,7%

  0,6% 0,6%

  0,5% 0,4%

  0,4% 0,4% 0,3% 0,3% 0,3% 0,3%

  0,2% $5.400

  $5.950 $6.600

  $10.600 $16.400

  $40.000 $80.000

  Indonesia Malaysia Vietnam Thailand Philippines Singapore Australia

  Source: Media Partners Asia 2016

Industry Dynamics

   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

Limited Supply : Only 11 FTA TV stations Limited Supply : Only 11 FTA TV stations Demand (More brands advertising on TV)

  4% 11%

  14% 48%

  MNCN SCMA

  VIVA Trans

  23% Others

  st Source: Nielsen Prime-Time all demography 1 week April 2016

  Top Brands Advertising Spending FY2015 & FEB 2016

Low Penetration Rates in Key Segments Asia Pacific TV Penetration of Total Households (2013-2014)

  100% 99% 100% 100% 100% 100% 100% 100% 99% 99% 97% 97% 97% 97% 96% 96% 93% 93%

  86% 85% 84% 82%

  62% 61% 60% 58%

  2013 2014

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

  

Newspaper Circulation in Indonesia Internet Household Penetration in Indonesia

  6,0 6,0

  Millions

  30,2% 27,1%

  5,9 23,7%

  20,5% 5,8

  18,0% 5,7 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014

  Source: Media Partners Asia 2015

Media viewership in 2015 Consumer Media View 2015 (%)

  TV

  96 OOH

  Internet

  38

  30 Radio

  16 Print

  14 Cinema

  10

  14

  12 2013 2014 2015

  Source: Nielsen Consumer Media View 2015

  32% 61% 71%

  2011 2014 2015

  3 hours 73% >3 hours 27%

  % of daily internet user Time Spent Internet in Daily (%) vs TV average of 5 hours per day TV still Outweighs Growing Digital and Internet Consumption Source: Nielsen Consumer Media View 2015

Decade Ago

  1:02 0:47 0:31 0:19

  Tablet Smartphone PC Multimedia Device Game Console DVD Radio DVR/Time-Shifted TV Live TV

  source: Nielsen 1Q US Total Audience Report

  Q1 2016 Q1 2015 Q1 2014

  10:48 12:00

  0:00 1:12 2:24 3:36 4:48 6:00 7:12 8:24 9:36

  0:12

   The average American watches an astonishing 5 hours and 4 minutes of TV a day according to Nielsen.  TV’s cumulative audience increase, to 213.5 million people, or 87.9%. A year ago, reach was 210.3 million, or 87.6%.  Americans aged 18 to 24, still watch 16.2 hours a week, whilst the 35 or older watch double that in a week.  About 50 percent of Americans now have subscription services like Netflix, Amazon Prime and Hulu in their homes.  More platforms more content, benefitting content provider.

  More People Are Watching TV Now Than a

  0:08 0:09 0:10 0:14 0:14 0:12 0:13 0:09 0:05

  1:51 1:54

  0:32 1:52

  0:33 0:33

  4:51

  and millennial will come around, too 4:31 4:34

  0:58 0:48 0:49 1:39

  US Advertising Market Share Source: http://www.statista.com/

Indonesia‟s Media Advertising Market Share

   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 2019F 2014

  OOH; 2,2% Radio; 1,3%

  OOH; 2,0% Radio; 1,1%

  Online/Mobile; Online/Mobile;

  7,3% 10,5%

  Magazines; 2,6% Magazines; 2,4%

  Newspapers; 20,4%

  Newspapers; 18,2%

  TV; 65,8% TV; 65,5%

  Source: Media Partners Asia 2015 and Nielsen 2016

  MNC Update Section 3

The Largest Integrated Media Company in Southeast Asia FREE-TO-AIR TV CONTENT SUPPORTING

  ENTERTAINMENT

  IN HOUSE PRODUCTION UNITS PRINT ANIMATION

DRAMA/ MOVIES/ FTV

TALENT SEARCH/ NEWS/

  RADIO

VARIETY/ SPORTS

  RCTI, MNCTV, GlobalTV, iNewsTV MNC Sports

TALENT

  NEWS & SPORTS CONTENT LIBRARY PAY-TV CHANNELS

MANAGEMENT

  Content library contains more than 270,000 hours and increasing by more than 15,000 hours per year

Our Key Growth Drivers

  RCTI, MNCTV, and Global TV grow significantly outperforming the industry iNewsTV a national network with focus on news, infotainment and sports 24 exclusive channels on MNC Sky Vision to generate ad revenue Integrated TV studios has been completed in 2015, is set to increase production capacity and quality of programming with efficient costs

Content is King

Creating the best content is our top priority

   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

  “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

Prime-Time Nielsen TV stations ranking Week II June 2016

  1 RCTI ABC

  4.9

   We have licensed popular International programs such as Master Chef, Indonesian Idol and X Factor  Exclusive programming with top Hollywood studios  More than 270,000 hours of content library and increasing by more than 15,000 hours annually

   We also have 24 MNC branded Pay TV Channels. These channels are integral to our content strategy

  0.9 Rank Station Target Audience

  11 INEWS AB

  1.5

  10 METRO AB

  2.2

  9 TVONE ABC

  4.9

  8 TRANS ABC

  7 GTV ABC

  34.5

  6.3

  6 TRANS7 ABC

  Source: Nielsen Prime-Time All Demographic Audience Share

  5 MNCTV ABCD

  10.0

  4 IVM ABCD

  11.5

  3 SCTV ABCD

  13.9

  2 ANTV ABC

  8.4

Top 10 Drama Series as of YTD June 2016

  • New drama series „Anak Jalanan‟ the #1 program
  • 6 out of the Top 10 Drama belongs to MNC

Chn TVR SHR

RCTI

MNCTV

  9 KAU SEPUTIH MELATI

  13.4

  8 CATATAN HATI SEORANG ISTRI 2 RCTI

  2.8

  15.5

  IVM

  2.5

  15.3

  7 MERMAID IN LOVE SCTV

  2.5

  11.3

  3.0

  13.5

  Source: Nielsen No. Program Name

  3 UTTARAN ANTV

  1 ANAK JALANAN

  7.9

  34.1

  2 TUKANG BUBUR NAIK HAJI THE SERIES RCTI

  4.6

  21.0

  4.1

  3.1

  25.6

  4 TOP TUKANG OJEK PENGKOLAN RCTI

  3.3

  18.9 5 3 SEMPRUUUL MENGEJAR SURGA 4 SCTV

  3.2

  23.7

  6 SENANDUNG

RCTI

Biggest producer of in-house content in Indonesia Integrated end to end programming strategy drives highest margins

  • MNC produces over

  15,000 hours of in house content every year. 41 hours per day! More than MNC Star Media Animation Nusantara any competitors in Indonesia.

  • Full control from talent

  management to

RCTI, MNCTV, SineMart GTV and Sport production to broadcast

  • 4 in house production

  divisions: The MNC programming strategy

  Pictures allows RCTI to achieve industry leading 55% EBITDA margins.

  MNC Has The Best Talent Search Format Lineup Pioneering the international scale talent search programs in Indonesia, such as th Indonesian Idol - 8 season and running, nd X-Factor Indonesia - 2 season and running, st Rising Star Indonesia - The 1 Season with interactive talent search programs rd MasterChef Indonesia - 3 season and running The Voice Indonesia – Aired February 2016 Our talent search programs are 3 x more profitable than competing “In-house” dangdut singing competition

  

The most comprehensive Pay-TV Channels line-up

   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

  Sports Movies Lifestyle News Entertainment Kids Local content means it is the leader in its Pay TV category

Top 20 Most Watched Pay TV Channels for 2015

CHANNEL

  2 S-ONE

  10 MNC INFOTAINMENT

  9 MNC DRAMA

  8 CBEEBIES

  7 MNC MUSLIM

  6 DISNEY XD

  5 DISNEY JUNIOR

  4 MNC SPORTS

  3 DISNEY CHANNEL

  Source: AGB Nielsen Report NO.

  11 FOX MOVIES PREMIUM

  20 MNC NEWS NO. CHANNEL

  19 SOCCER CHANNEL

  18 MNC SHOP

  17 MNC ENTERTAINMENT

  16 MNC MOVIE

  15 AXN

  14 LIFE

  13 MNC KIDS

  12 MNC COMEDY

  1 CARTOON NETWORK

Pay TV Channels to drive ad revenue for MNCN OPPORTUNITIES

MNC Channels share of Pay TV audience in 2015 Rank Sports Channel Channel Share

  2 CNBC Asia 0%

  Turner 9,43 HBO 5,53 AMC Networks 2,49 Sony 2,25 Discovery 1,90 NBCU 1,89 Others 4,83

  Source : Nielsen TV Audience Measurement 2015 MNC Channels 42,43 FOX 15,71 Disney 13,53

  4 AXN 2%

  3 MNC Comedy 2%

  2 MNC DRAMA 3%

  1 S-ONE 7%

  4 NGC Music 0% Rank Entertainment Channel Channel Share

  3 TRACE 0%

  2 CHANNEL V 1%

  1 MNC MUSIC 1%

  Rank Music Channel Channel Share

  3 Bloomberg 0%

   MNCN has produced and packaged 23 Pay TV channels exclusively for MNC Sky Vision. In return MNCN receives 100% ad revenue

   MNC Sports, MNC Infotainment, MNC News and MNC Business, MNC Music Channel are ranked #1 in their respective categories versus its International peers

  4 MNC HOME AND LIVING 1% Rank Business Channel Channel Share

  3 MNC FOOD AND TRAVEL 1%

  2 MNC LIFESTYLE 2%

  1 MNC INFOTAINMENT 3%

  4 MNC WORLD NEWS 0% Rank Lifestyle Channel Channel Share

  3 CNN INTERNATIONAL 0%

  2 Fox News 0%

  1 MNC NEWS 2%

  4 FOX SPORTS 2 0% Rank News Channel Channel Share

  3 FOX SPORTS 1%

  2 MNC SOCCER 2%

  1 MNC SPORTS2 5%

   We expect MNC Channels to generate meaningful advertising revenue as subscribers grow

  1 IDX CHANNEL 1%

  iNews TV the Largest National Network TV Sabang Banda Aceh Lhokseumawe Medan Tarakan Pematang

  Manado Siantar Batam

Gorontalo Payakumbuh

  ■ Pekanbaru

Pontianak Tenggarong

  ■ Manokwari Bukit Tinggi

Ternate

  

Samarinda Palu

  ■ Biak

Padang Jambi Pangkal Palangkaraya Pinang Mamuju Bengkulu

  ■

Pleihari

  Kendari Lubuk Linggau Ambon Masohi

  

Makassar

Lampung Cirebon

Semarang Jakarta Bojonegoro

  ■ Sumenep Bandung

Merauke

  ■ Surabaya

Tasikmalaya

  ■ Singaraja

  Purwokerto Madiun Magelang Kediri

Mataram

Bali

Kupang Total : 51 Stations Nationwide th 2015

  • iNews TV was launched on April 6
  • Focusing on 24 hours news, entertainment and sports

  Financial Update Media Nusantara Citra Section 4

Financial Performance from FY2012 until FY2015 (Audited) FY2012 to FY2015 Financials

  14,47 13,61

  9,62 9,57

  9,40 2012 8,96

  7,74 7,29

  2013 6,67

  6,52 6,44

  6,27 2014

  2,72 2,78 2,38 2,40

  2015 Revenue EBITDA Assets Equity

FY2012 to FY2015 Solvency Metrics

  66X

  56X 51%

  48X 45%

  42% 42%

  2012 38%

  37% 2013

  24% 23%

  2014

  12X 2015

  Debt/Equity EBITDA/Interest EBITDA Margin

MNCN FS H1-2016 VS H1- 2015 Income Statements

Variance Variance Actual Variance In IDR Bio H1-2015 H1-2016 YoY Q2-2015 Q2-2016 YoY Q1-2016 QoQ Revenues 3,331.4 3,568.5 7.1% 1,817.1 2,029.8 11.7% 1,538.7 32%

  Advertisement & Content 3,303.3 3,531.6 6.9% 1,804.9 2,010.0 11.4% 1,521.6 32%

Gross profit

  58% 57% 63% 57% 57%

  Net income margin 21% 28% 23% 26% 31% Actual Actual

  42% 40% 46% 41% 38%

  1,398.6 1,415.5 1.2% 827.7 838.5 1.3% 577.1 45% EBITDA Margin

  1,946.0 2,030.5 4.3% 1,150.2 1,148.9 0.0% 881.6 30% Gross profit margin

  Others 28.1 36.9 31.1%

  44.5 33.2 -25.2% 28.4 17%

  60.8 61.7 1.5%

  8.3 25.4 204.2% 30.9 -18% Depr & amort in Direct Cost

  32.0 56.3 76.0%

  640.1 732.9 14.5% 375.3 369.0 -1.7% 363.9 1% Depreciation and amortization

  1,324.7 1,476.4 11.5% 622.4 847.7 36.2% 628.7 35% General & Administrative expense

  12.2 20.0 63.9% 16.9 19% Direct Cost *)

EBITDA

Net Income 696.4 1,002.1 43.9% 411.2 522.6 27.1% 479.6 9%

RCTI Commands Highest Power Ratio ADEX Nett Estimation 12M 2014 Revenue (in IDR billion) 2014 Channel

  RCTI 3,347 3,225 3.8% 21% 15% 1.4x MNCTV 1,584 1,579 0.3% 10% 10% 1.1x GTV 928 855 8.5% 6% 6% 0.9x

MNC Group 5,858 5,659 3.5% 38% 31% 1.2x

  SCTV 2,674 2,633 1.6% 17% 17% 1.0x

  IVM 1,390 1,073 29.5% 9% 12% 0.7x

EMTEK Group 4,064 3,706 9.7% 26% 29% 0.9x

  Trans 1,567 1,899 -17.5% 10% 11% 0.9x Trans7 1,260 2,212 -43.0% 8% 8% 1.0x

Transcorp 2,827 4,110 -31.2% 18% 19% 0.9x

  ANTV 1,296 647 100.2% 8% 12% 0.7x TVOne 936 609 53.7% 6% 5% 1.3x

VIVA Group 2,232 1,256 77.7% 14% 17% 0.9x

  Metro 608 577 5.5% 4% 3% 1.4x TVRI1 32 16 104.0% 0% 1% 0.1x

Others 641 593 8.1% 4% 4% 1.0x Grand Total 15,621 15,324 1.9% 100% 100% 1.0x

  Source : AGB Nielsen Arianna / Annual Report IDX & Adex Nett Assumption 12M 2013-2014 (In Billion)

  • FY2014 advertising industry growth by 1.9% as advertisers held off spending due to election uncertainty and the debate on fuel

    price MNC Group outperforms with 3.5% growth on revenue share.
  • MNC Group has maintained its industry leading advertising market share and power ratio.

Strong revenue growth with increasing EBITDA Margins Room For Further Margins Improvement

  33% 38% 42% 42% 37% 37%

  41% 47-48%

  2011A 2012A 2013A 2014A 2015A 2016-1Q 2016-2Q 2018-19E

  Highly Qualified and Experienced Management Team

   CEO of PT Asuransi Jiwa Adisarana WanaArtha in 2012, Vice CFO

   Bachelor Degree of Science from La Jolla Academy of Advertising Arts and Associate Degree Fashion Merchandising from IFS San Diego, USA

   Sales Group Head Trans TV from 2000

   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

  Kanti Mirdiati Imansyah Director

   Managing Director in PT Global Informasi Bermutu in 2013  Programming & Production Director in PT Rajawali Citra Televisi Indonesia in 2011  Programming & Production Director in PT Global Informasi Bermutu in 2010  Sales & Marketing Director in PT Global Informasi Bermutu in 2008  Obtained Master of Management Program from University of Indonesia majoring in Finance & Banking in 1998

  Ella Kartika Director

   Commissioner in PT CIMB Sunlife and PT Asuransi CIGNA in 2009  AGM in PT Indo Kordsa Tbk in 2000, Director of Pension Funds Indo Kordsa Director in 1996  Graduated from Prasetya Mulya, Graduate School of Management with “MM” degree in International Business in 2001  Graduated from Universitas Katolik Parahyangan with Civil Engineer Degree (Bachelor Degree) in 1984

  Faisal Dharma Setiawan CFO

  Hary Tanoesoedibjo President Commissioner

  Finance and Information System from the University of New South Wales

   Previously held several important positions such as the Managing Director of PT Media Nusantara Informasi, as Senior Manager Corporate Finance then as Head of Investor Relations of PT Media Nusantara Citra Tbk  Previously worked at PT Elektrindo Nusantara from 2005 to 2006 and PT Mobile-8 Telecom Tbk from 2003-2005  Master of Commerce in Professional Accounting from the University of New South Wales and a Bachelor of Commerce in

   Director of PT Global Mediacom Tbk since 2012. Also the President Director of PT Global Informasi Bermutu since 2010 and PT Linktone Indonesia since 2011

  David Fernando Audy CEO

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

  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

   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

  • – Strategy & Finance in PT Bank CIMB Niaga Tbk. in 2009
  • – 2003
  • – 2003, Sales Group Head & Account Executive1990 – 2000

  Angela Tanoesoedibjo Director

   Managing Director of PT. Global Informasi Bermutu since 2014

   Director of PT Megah Group since 2013 and MNI Entertainment since 2008.  Co-Vice President of MNC Channels in 2013  Corporate Finance & Business Development in 2010 – 2013.  Bachelor of Arts in Media Arts and Production from The University of Technology, Sydney and Master of Commerce in Finance from The University of New South Wales, Australia.

  Diana Airin Director

   President Director of PT. Media Nusantara Informasi, PT. MNC Networks (Radio), & PT. Cross Media International (Media Buying Agency) since 2013

   Director of Sales Marketing of Seputar Indonesia, SUN TV, High End & High End Teen, and Network Magazine in 2010  Bachelor Degree of Economy – Management from Tarumanegara University

  Arya M. Sinulingga Director

   President Director in PT Hikmat Makna Aksara (Sindo Weekly) in 2008  Corporate Secretary in PT Global Mediacom and PT Media Nusantara Citra in 2008 and 2010  Chief Editor in Global TV in 2011  Graduated from ITB (Institut Teknologi Bandung) with Bachelor of Civil Engineering degree in 1995

  Gwenarty Setiadi Independent Director

   Director of Human Resources and General Services in PT MNC Sky Vision Tbk in 2009, GM Human Resources and General Services in PT Media Nusantara Citra Tbk in 2008.  Vice President (VP) in Citibank for Human Resources and General Services in 2007, Head of Direct Sales Training Academy &

  HRRM in 2005, Outsourcing Management Head in 2004  Graduated from University of Satya Wacana with Bachelor degree in Agronomy in 1982

  Highly Qualified and Experienced Management Team

  Indonesia‟s Pay-TV Industry Update Section 5

Indonesia‟s Pay TV Subscriber Trend

   Indonesia‟s pay TV market is estimated to reach 6 million subscribers by 2020, equaling to only 14% of TV households In thousand subscribers

  7.000 16% Subs %Pen./TVHH

  14,5% 14,4% 14,4% 14,2% 13,8%

  14% 13,1%

  6.000 12,4% 11,6%

  12% 10,9%

  5.000 10,0%

  10% 8,7%

  4.000 8%

  6,8% 6.498 6.349

  6.193 3.000

  5.995 5.719 5.333

  6% 4.963 4,8%

  4.548 4.156 2.000

  3.744 3,3% 4%

  3.175 2,6% 2,3% 2.437

  2,0% 1.000

  1,4% 2%

  1.666 1.125 868 739

  637 453 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015E 2016E 2017E 2018E 2019E 2020E 2021E 2022E 2023E

  Source: Media Partners Asia 2015

Well Positioned in a Conducive Growth Environment Asia Pacific‟s Pay TV subscribers (2014) Asia Pacific‟s Average Pay TV Monthly ARPU (2014)

  In thousand subs In USD

  Cable DTH

  IPTV+DTT 100 89,4

  80 64,5

  60 49,7

  40 35,9 29,2

  19,6 16,5

  20 10,9 9,9

  3,2

Indonesia‟s Pay TV Market Has Huge Potential Indonesia has the lowest pay TV penetration rate of TV household in the Asia Pacific (2014)

  200% 153%

  160% 105%

  120% 83% 82%

  80% 59% 53%

  28% 40%

  14% 10% 0% Korea Hongkong India Singapore China Malaysia Thailand Philippines Indonesia

Indonesia has the highest projected pay TV subscriber growth in the Asia Pacific (CAGR 2014-2019E)

  10% 9% 8%

  8% 6% 4% 4%

  4% 3% 3%

  2% 2%

  1% 1% 0% Indonesia Philippines India China Malaysia Korea Thailand Hongkong Singapore

  Source: Media Partners Asia 2015

Strong Market Position with Superior Content Capabilities Total subscribers (in thousands)

Company Milestones

  3000

Total subscribers in Dec 2014 = 2.5 million 2014: Launched OTT platform Indovision Anywhere

  2,529 2500

  July 2012:

IPO @ Rp 1,520/shr

  2,300 2000

  2011: MPEG 4 rollout 2009:

  1,720 1500

Launched of Indostar II satellite; migrated subscribers to Galaxy and Venus packages

  1.163

  2008:

  1000

Introduced Top TV to target low/middle class

  805

Opened sales and services offices in 43 cities

  604 500

  479

  2007: Introduction of set top box subsidy

  306 192

  9

  28

  30 56 109

  2006: Name change to MNC Skyvision 2001: Acquired 51% of Indovision and became major owner. Less than 30k subscribers

Key Initiatives

  Increase Subscriber: Introduce MVNO franchise system, New sales offices Minimize Churn: Restructured sales incentive system, Faster response. Better customer service, Member get member program Increase ARPU: Launched OTT Indovision Anywhere, Upselling Channel Packages

Our 3 Most Important Competitive Advantages

  143 channels with 38 exclusive channels;

  23 MNC branded channels The only provider that owns satellite with S-band technology Has 114 branches across Indonesia

Reliable Nationwide Coverage via S-Band

   Holds exclusive license for broadcasting using S- band spectrum

   Clear reception and resilience to heavy rainstorms that are common in Indonesia

   C-band or Ku-band used by competitors more susceptible to service outages from rain fade

   Complete coverage of Indonesia‟s 13,700 islands, over 9.8 million square kilometers Higher EIRP

  1 enables smaller reception disk compared to C-band Best-in-class technology and exclusivity of S- band provides competitive advantage S-Band DTH Broadcasting Capability DTH Transmission Process

Large, Diversified, In-House Distribution Network

   Majority of new customers are sourced through in-house channels,

   Greater control, lower commissions and stringent customer verification

   Competitors rely primarily on external dealers for subscriber acquisition Network of 114 Branch Offices Across Indonesia About 82% of New Subscribers Are Acquired Through In-House Channels

  

Sumatra

D2D Call Center Sub-get-Sub Stores Club Dealers Corners 82%

  18%

MNC Sky Vision has 75% Pay TV market share 2014 2013

  Others; 15% Others; 16%

  First Media; Indovision;

  Indovision; 10%

  38% First Media;

  38% 10%

  Top TV; 25% Top TV; 25%

  Okevision; 11%

  Okevision; 12%

   MNC Sky Vision has increased market share from 74% to 75% in 2014 despite entrants of new competitors

  • *Out of top 4 big players in Indonesia

  Financial Update MNC Sky Vision Section 6

Financial Performance from FY2012 until FY2015 (Audited) FY2012 to FY2015 Financials

  6,57

IDR trillion

  5,94 5,88

  4,94 2012

  3,28 3,23

  2013 3,02

  2,39 2,26 2014

  1,75 1,59

  2015 1,39

  1,26 1,21

  1,16 1,00

  Revenue EBITDA Assets Equity

FY2012 to FY2015 Solvency Metrics

  7,14 5,62

  5,51 4,81

  2012 4,47

  42% 40%

  38% 3,73

  36% 2013

  3,45 3,41

  2,67 2,69

  2014 2,40

  2015 1,18

  Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA Margin

Highly Qualified and Experienced Management Team Bambang Rudijanto

   President Director of MNC Sky Vision since 2004

  Tanoesoedibjo

   Currently held several important positions such as the President Commissioner of PT MNC Asset Management, Vice

  President Director

  President Commissioner of PT Global Mediacom Tbk, Commissioners of PT Dos Ni Roha, PT Bhakti Investama Tbk, and PT Rajawali Citra Televisi Indonesia.  Obtained his MBA degree from University of San Francisco, San Francisco, USA  Graduated as Bachelor of Commerce from Carleton University, Ottawa, Canada

  Hari Susanto

   Vice President Director President Director of PT Nuansacipta Coal Investment, PT Putra Muba Coal and PT Bhumi Sriwijaya Perdana Coal since 2014  Director of MNC Energy, MNC Daya Indonesia and PT Bhakti Coal Resources in 2005 to 2011.

   Previously worked as Audit Manager of Public Accountant Office Prasetio, Utomo & Partners and Ernst&Young in 2001.  Graduated as Bachelor in Accounting from Universitas Padjadjaran in 1989.

   Previously held several important positions as Finance Director PT MNC Kabel Mediacom (September 2014- Maret 2015),

  Erwin Andersen

  Sales & Marketing Director of RCTI (2013

  Director

  • –2014), Sales & Marketing Director of PT Cipta TPI (MNC TV) (2010 – 2013), Programming & Production Director of PT Cipta TPI (MNC TV) (2009
  • – 2010) and Finance & Technology Director of PT Cipta TPI (MNC TV) (2008 - 2009).

   Other experiences as banker with Bank BCA (1992 – 2007) and Public accountant with Arthur Andersen & Co. (1991 – 1992).  Obtained Master degree in Management from Universitas Indonesia  Graduated as Bachelor in Economics from Tarumanagara University 

  Parjan Rustam Lo

  Previously served as Chief of Information Officer, Head of Mobile Applications and GM Operation for Supply Chain and

  Director

  Procurement Department PT Acer Indonesia (2007-2015), Sales Consultant Accor Asia Pacific Sidney – Australia (2000- 2001), Corporate IT and Business Process Analyst and mySAP-CRM Asia Pulp and Paper (Sinar Mas Group) (2002-2007)

   Obtained Master of Business Administration in E-Business and Marketing from University of Technology Sydney, Australia tahun 2001  Graduated as Bachelor of Computer Science and IT Management from BINUS University, Indonesia in 1997

Highly Qualified and Experienced Management Team

   Ruby Budiman Previously held several important positions as Finance Director PT MNC Kabel Mediacom (September 2014- Maret 2015),

  Non Affiliated Director Sales & Marketing Director of RCTI (2013

  • –2014), Sales & Marketing Director of PT Cipta TPI (MNC TV) (2010 – 2013), Programming & Production Director of PT Cipta TPI (MNC TV) (2009
  • – 2010) and Finance & Technology Director of PT Cipta TPI (MNC TV) (2008 - 2009).

   Other experiences as banker with Bank BCA (1992 – 2007) and Public accountant with Arthur Andersen & Co. (1991 – 1992).  Obtained Master degree in Management from Universitas Indonesia  Graduated as Bachelor in Economics from Tarumanagara University

  Dhini Widhiastuti

   Director Director of MNC Sky Vision since 2013  Previously held position as General Manager of Marketing since 2005  Previously worked as Account Director in PT Kreatif Senterindo, Account Director in PT DDB Indonesia, Account Director in

  PT Pamungkas Pariwara, Associate Account Director in PT Mitraguna Adikriya, Account Manager in PT Leo Burnett Kreasi Indonesia, and PR Executive PT Komunikasi Cergas Ilhami.  Graduated from Akademi Sekretariat Tarakanita in 1994  Adita Widyansari Director of the Company since 2014  Director Previously held several important positions as as served as Senior Consumer & Market Insight Manager for Hair Care and

  Personal Wash of PT Unilever Tbk (1999-2006), General Manager of Marketing Insight & Strategy Bakrie Telecom Tbk (2006-2009), Vice President of Marketing Insight & Strategy Bakrie Telecom (2010), Group Vice President of Marketing Insight Customer Lifecycle Management for BTEL and BCON (August 2011), Executive Vice President of Customer Centric Management Bakrie Telecom (September 2012), and Chief of Product/Tariffs and Customer Centric Management Officer of Bakrie Telecom (February 2013) and the Business Development Director of Bakrie Digital Net (2013)

   Graduated as Bachelor of Economics from Trisakti University in 1993

  Salvona Situmeang

   Director Director of the Company since 2009  Previously held several important positions at the Company, such as, Assistant Manager Accounting at the Company (1997-

  1999), Manager of Finance and Accounting (2000-2005), General Manager of Finance and Accounting (2005-2007), and General Manager of Subscriber Management (2007-2008).

   Graduated as Bachelor of Accounting from Sumatera Utara University in 1991

Highly Qualified and Experienced Management Team Thane Jerrold Go

   Previously served as Business Operations Director PT MNC Kabel Mediakom (August 2014

  • – Maret 2015), Bank BTPN as

  Non Affiliated Director

  Senior Vice President, Head of Operations Strategic Development (2013

  • – 2014), Bank Ekonomi Raharja member of HSBC Group as Senior Vice President, Head of Operations (2010
  • – 2013), Barclays as Vice President, Head of Branch Operations (
  • – 2010), Citibank as Vice President, Head of Cards and Wealth Operations (2002 – 2010)and

   Graduated as Bachelor of Science in Management Engineering from Ateneo de Manila University in 2002.

  David Wongso

   Director Director of MNC Sky Vision since November 2014.

   Previously worked at PT Napan Persada and honey Lady Group as the Chief of Human Resources Officer.  Held several related positions at PT Gajah Tunggal Tbk., Charoen Pokphand Grup, Bank ABN AMRO, and other companies.

   Obtained MM program from IPMI Business School and MBA from Monash University in 2006.  Graduated from Universitas Padjajaran, Bandung, Indonesia in 1994.

  Financial Update Global Mediacom Section 7

Financial Performance from FY2012 until FY2015 (Audited) FY2012 to FY2015 Financials

  26,49 25,36

  21,07 20,00

  2012 15,89

  15,29 14,30

  13,36 2013

  10,66 10,57

  10,02 2014

  8,93 2015

  3,83 3,91 3,39 3,40

  Revenue Assets Equity EBITDA

FY2012 to FY2015 Solvency Metrics

  10,41 10,39 2012

  6,70 6,08

  2013 38% 38%

  37% 2014 3,29

  32% 2,42

  2,01 2015

  1,68 0,73

  0,58 0,60 0,40

  Debt/EBITDA Debt/Equity EBITDA/Interest EBITDA Margin

Highly Qualified and Experienced Management Team Hary Tanoesoedibjo

   Group President & CEO of PT Global Mediacom Tbk since 2002

  CEO, MNC Group

   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 Media Nusantara Citra Tbk. since 2004, 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

  Oerianto Guyandi CFO  Director of MNC since 2009 and Group CFO since 2008. Also CFO of PT Global Mediacom Tbk.

Dokumen yang terkait

(The Effect of Agency Costs, Systematic Risk, and Investment Opportunities on Dividend Policy of Companies Listed at Indonesian Stock Exchange 2009-2013)

0 6 5

The Influence of Working Capital Management and Liquidity Towards Profitability (Case Study: Automotive and Components Industry Listed in Indonesia Stock Exchange 2008-2012)

0 12 112

Board Size, Company Size, Profitability and Leverage on Corporate Social Responsibility Reporting in the Annual Report (Empirical Evidence of Mining Companies Listed in Indonesia Stock Exchange Period 2009-2011)

0 3 252

The Relationship Between Environmental RiskManagement nd Cost Of Capital ( Study on Indonesian Companies Listed in Indonesia Stock Exchange 2009-2011)

0 16 99

226 Probability of Price Reversal and Intraday Trading Activity on Tick Size-25 at Indonesia Stock Exchange

0 0 10

The Influence of Third Party and Operating Expenses to Operating Income Toward Return On Asset (Case Study on Foreign Exchange Commercial Banks Listed in Indonesia Stock Exchange)

0 0 26

Corporate Governance and Intellectual Capital on Firm Value of Banking Sector Companies Listed at Indonesia Stock Exchange in Period 2008-2012

0 2 12

The Possibility of Manipulated IPO Underpricing and Post-IPO Stock Return: Empirical Study on Jakarta Stock Exchange 2009-2012

0 0 11

Influence of Fundamental Factors on Dividend Payout Policy: Study on Construction Companies Listed on Indonesian Stock Exchange

0 1 7

Listed and traded on the Indonesia Stock Exchange

0 0 66