PT AGUNG PODOMORO LAND TBK APPOINTED MARRIOTT TO MANAGE JW MARRIOTT HOTEL AND JW MARRIOTT RESIDENCES

06 September 2011

Jakarta, September 6, 2011. PT Agung Podomoro Land Tbk ("APL" or the "Company") – (Ticker IDX: APLN) – today announced that the Company has appointed Marriott to manage and market one of its projects in Nusa Dua, Bali. The project includes the development and management of around 300 international-standard five star hotel rooms using the brand "JW Marriott Hotel". Additionally, Marriott will also do the marketing and sales of residential units using brand "JW Marriott Residences". Marriott will manage the project as an integrated property development so as to provide added value both for the hotel as well as for residential.

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