PT AGUNG PODOMORO LAND TBK ESCALATES RESORT DEVELOPMENTS WITH APPOINTMENT OF MARRIOTT FOR NUSA DUA

September 07, 2011

Jakarta, September 7, 2011. PT Agung Podomoro Land Tbk ("APL" or the "Company") – (Ticker IDX: APLN) – today announced that the Company has appointed the Marriott Group to manage its project in Nusa Dua, Bali. The project includes the development and management of around 300 international-standard five star hotel rooms using luxury brand "JW Marriott Hotel" and management of more than 70 villas and residential units using "JW Marriott Residences". Marriott will manage the project as an integrated property development to provide added value both for the hotel as well as for the residences.

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